For Sale: Ely MLS# 6753576
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Property Description
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!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$498,500
Property Type:
Commercial
City:
Ely
Garage Spaces:
10
County:
St. Louis
Year Built:
1989
State:
MN
Property Style:
1 Story
Zip Code:
55731
Exterior
Stories:
One
Garage Spaces:
10
Garage Dimensions:
82x60
Garage Size:
5,000 ft2
Garage Door Height:
17
Other Parking Spaces:
50
Foundation Size:
720 ft2
Foundation Dimensions:
30x24
Handicap Accessible:
Other
Heating System:
- Dual
- Wood Stove
Parking Features:
- Detached
- Gravel
- Parking Lot
Exterior Material:
- Metal Siding
- Wood Siding
Lot & Land
Acres:
11.5
Geolocation:
47.8934119181, -91.925587823
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Other
Lot Dimensions:
982 x 668
Zoning:
Business/Commercial
Schools
School District:
696
District Phone:
218-365-6166
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,655
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$2,980
Units
Total Units:
1
Miscellaneous
Current Use:
Residential
Fuel System:
- Electric
- Wood
Owner Occupied:
Yes
Sewer System:
Private Sewer
Available Utilities:
Electric Common
Water System:
Drilled
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Janisch Realty, Inc.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.