2331 Old Highway 169, Ely, MN

$498,500

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11.50

Acres

About 2331 Old Highway 169

Here’s Your Opportunity to Live & Work Up North In Ely! Boat Storage/Rental/Servicing Business with BOOKS THAT EASILY SUPPORT THE ASKING PRICE, PASSIVE INCOME & EXCELLENT GROWTH OPPORTUNITIES! Set on paved road with 11.5 acres and visibility from the corner of Highway 169 & Grant McMahan, just 5 mi s of Ely. 1B/1B yr rnd house w/screen porch potential to be 2nd BR. 4920SF storage bldg w/17ft high dbl door on each end, office w/laundry bath, 1B/1B upstairs yr rnd apt & indoor storage for 14 boats. 50 + boats stored outside, room for more & potential to construct addl storage bldg. Most storage is repeat contract for 6-7 months & includes retrieval from lake, motor winterization, storage & spring launch. Addl services such as tune ups & rigging as needed. Currently 128 boats shrink wrapped on or off site, including commercial multi-boat clients. Business includes 2 pontoon rentals. New septic 2021. 145 ft drilled well. Starlink internet. Turnkey opportunity to own your own business in Ely! Call today!

Features of 2331 Old Highway 169

MLS® # 6753576
Price $498,500
Bathrooms 0.00
Acres 11.50
Year Built 1989
Type Commercial Sale
Status Active

Community Information

Address 2331 Old Highway 169
City Ely
County St. Louis
State MN
Zip Code 55731

Amenities

# of Garages 10
Garages Detached, Gravel, Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Dual, Wood Stove
Fireplace No

Exterior

Construction Metal Siding, Wood Siding

School Information

District Ely

Additional Information

Days on Market 95
Zoning Business/Commercial
Foreclosure No
Short Sale No
Taxes $2,655
Tax Year 2025

Listing Details

OfficeJanisch Realty, Inc

Listing Map

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