$459,000
( $637.50Per Sq Foot )
 $2,464 est/mo Sourced by Back At You

2331 Old Highway 169,Ely, MN 55731

Ely, MN 55731

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Description

OPEN HOUSE: Click link for 3D Virtual Tour. 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! Property available without business for $379,000.

Details

MLS #6753576
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1989
Days On Site446
Listing Provided ByJanisch Realty, Inc | Lisa Janisch

Features

SQ Feet720
Garage10
Story(s)1
Units1
ZoningBusiness/Commercial
Acreage11.50

Interior

HeatingDual Fuel/Off Peak, Wood Stove

Exterior

Construction MaterialsMetal Siding, Wood Siding

Parking

Parking FeaturesDetached Garage, Gravel, Parking Lot

Utilities

UtilitiesElectric Common

Taxes

Property2655

Area Information

StateMN
CountySt. Louis
CityEly
Zip Code55731
School District696
High SchoolEly
Sourced by Back At You

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of October 2, 2026 at 10:43:03 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountySt. Louis
CityEly
Zip Code55731
School District696
High SchoolEly
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $344K - $573K
sqft: 540 - 900
Nearby Listings Property ImageNearby Listings Details
2331-1 Old HIghway 169 Property Photo 1
$379,000
2331-1 Old Highway 169
Ely, MN 55731
Listing Updated: September 29, 2026 at 5:46:33 AM PDT