145 E Chapman St, Ely, MN 55731
145 E Chapman St, Ely, MN 55731
145 E Chapman St, Ely, MN 55731
145 E Chapman St, Ely, MN 55731
145 E Chapman St, Ely, MN 55731
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Anthony Jennings

Anthony Jennings

+1(715) 209-6841
Listed by Janet Erchul Ely Realty
$ 275,000
Est. payment | /mo

5,150 SqFt

Save
$ 275,000
Est. payment | /mo
Save

5,150 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,150 sqft

Price per Sqft $53

MLS Listing ID LSA6125185

HOA Y/N No

Year Built 1920

Annual Tax Amount $4,996

Tax Year 2026

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 25 X 125

Property Sub-Type Commercial

Source lsar

Property Description

Commercial Building - Ely, Mn - REAL ESTATE ONLY - 5000 sq ft commercial building in the heart of downtown Ely. This historic building, built in 1920, has 4 separate leasing areas. The main floor front space is leased until April, 2027 and features original tin ceilings and wood floors. The additional main floor and second floor space is occupied by the owners of the building to operate their existing business. Major updates to the building including a new roof in 2023 and a new fuel oil boiler in 2021. Great corner location. The building was a successful clothing store for 30+ years. This is an opportunity to bring your existing business to this location or to establish a new business venture.

Location

State MN

County St. Louis County

Area Lsar

Direction Sheridan Street to 2nd Ave - right on 2nd. Building on the corner of 2nd and Chapman

Rooms

Basement Full

Interior

Heating Forced Air, Propane

Cooling Central Air

Inclusions Building

Exterior

Parking Features On-Street Parking Only

View Y/N No

Roof Type Rubber

Garage No

Building

Foundation Concrete

Sewer Public Sewer

Water City

Structure Type Wood

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Nearby Locations

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Anthony Jennings
Anthony Jennings

Broker-Owner | Lic# 44683-90

+1(715) 209-6841

315 Turner Rd., Ashland, WI 54806

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145 E Chapman St