a Berkshire Hathaway affiliate

$1,500,000

137 E Sheridan St, Ely, MN 55731


137 E Sheridan St Ely, MN 55731

For Sale MLS# 6092410

Commercial

Data current as of {{getLocalTime('2021-03-02T01:55:49Z')}}

Details

MLS# 6092410

Description for 137 E Sheridan St, Ely, MN, 55731


PENGALS BASSWOOD TRADING COMPANY Pengal’s Basswood Trading Company, since 1915 is the oldest family owned business in Ely. Pengals has been under one ownership since that time. A time proven business that has a developed specific niche for the residents and tourists that abound in our Ely and surrounding area for three generations. Pengals is your End of the Road clothing outfitter, your Outdoor Equipment Store · Clothing Store · Screen Printing & Embroidery business. Check out their website at www.endoftheroadely.com First time on the market and ready to sell and move on. The buildings are in excellent shape and updated throughout. Central air, Oil forced air heat with backup electric radiant ceiling panels. 220, 3 phase power along with a 200 Amp service panel. New flooring, new doors and windows in front along with pine paneling on walls and the ceilings add to the charm of Basswood Trading. A rear door entrance is new the roofs on the main buildings are metal. Parking in the rear of the building for 4 – 5 cars is a plus and there is room for expansion. This business is a vertical business operation producing 95% of the retail product. Also included with the sale is 40 years of artwork and select copyrighted artwork along with the trademark “End of the Road”

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 0.14 Acres

Square Feet:

Year Built: 1910

Foundation:

Garage: No

Stories:

Construction: Frame/Wood

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 1

Current Use:

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: St. Louis

HERS Score:

Construction Status:

Utilities


Water: City

Sewer: City

Available Utilities:

Other Utilities:

Cooling: Central

Heating: Forced Air, Oil

Exterior / Lot Features


Parking Description:

Exterior: Wood, Vinyl

Roof: Metal

Lot View:

Lot Dimensions: 50 x 125

Farm Type:

Crop Type:

Zoning:

Additional Exterior/Lot Features:

Soil Type:

Tillable Acres:

Driving Directions


137 East Sheridan Street

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms: Cash,Conventional,Small Business Admin.

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 030-0010-00770

Tax Amount: $4,976

Tax Year: 2020

HomeStead Description:

Sales History

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Schools nearby 137 E Sheridan St

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SchoolDigger® Rating

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings