2331 Old Highway 169 Ely, MN 55731

$498,500
Active
 |  MLS # 6753576
Active
  • Baltich 1.jpg
    Baltich 1.jpg

About The Listing

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 courtesy of Lisa Janisch, Janisch Realty, Inc
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1989
MLS #: 6753576
Bedrooms: 0
Garage Spaces: 10
Parking Description: Detached Garage, Gravel, Parking Lot
Sewer Description: Private Sewer
Water: Drilled
Heat Type: Dual Fuel/Off Peak, Wood Stove
Foundation Type: Pillar/Post/Pier
Days On Market (Continuous): 17
Disability Features: Other
Latest Update: 05/27/2026
List Date: 07/13/2025
Listing Agent ID: 502511080
Listing Office: Janisch Realty, Inc
Listing Office ID: 80363
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Exterior Features: Metal, Wood
Lot Dimensions: 982x668
Lot Size: 11.5 Acres
School District: Ely
Tax Year: 2025
Estimated Taxes: $2,655
Contingency Type: None
City: Ely
Zip: 55731
County: St. Louis
State: MN
Listing last updated: 05/27/26

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