$300,000
342 E Sheridan St Ely, MN 55731
Pending MLS# 6108161
2,240 sq ft Commercial
Details for 342 E Sheridan St
MLS# 6108161
Description for 342 E Sheridan St, Ely, MN, 55731
This is an amazing turnkey business opportunity in Ely, Minnesota. With over 22 years of successful operations, this laundromat has been kept up-to-date and well-maintained. There are 14 dryers, 9 top-loading washers, 8 front-loading washers, 2 triple-load washers, and 1 double-load washer. Nice clean 11x19 sitting/folding area with a flat-screen TV and plenty of counter space. Along with equipment upgrades, recent building upgrades include floor and ceiling tile in the main laundry area, vinyl siding, a new roof, air conditioning for the commercial laundry basement area, and newly installed plumbing pipes. There are 17+ resorts and personal accounts that contribute to its success with daily traffic counts of 7700 cars per day on Sheridan St. The property also features a spacious 3-bedroom furnished apartment which can be used as an extra income source or can be used as owner's quarters. Don't miss out on this unique chance to own your own business!
Listing Information
Property Type: Commercial
Status: Pending-Subject to Financing (MN Only)
Lot Size: 0.14 Acres
Square Feet: 2,240 sq ft
Year Built: 1910
Stories: 2 Story
Construction: Frame/Wood
Number Of Units Total: 2
County: St. Louis
Utilities
Water: City
Sewer: City
Heating: Forced Air, Propane
Exterior / Lot Features
Exterior: Vinyl
Roof: Asphalt Shingles
Lot Dimensions: 50 X 125
Unit Information
Unit 2 Baths Total: 1
Unit 2 Beds Total: 3
Unit 2 Rooms Total: 5
Driving Directions
From Ely city limits, stay on Sheridan Street. Follow to second stop light, property is at the end of the first block on the South side of Sheridan Street.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 030-0370-01030
Tax Amount: 2880
Tax Year: 2023
Price Changes
| Date | Price | Change |
|---|---|---|
| 07/26/2024 12.19 PM | $300,000 | -$39,000 |
| 05/24/2024 07.30 PM | $339,000 | -$10,000 |
| 03/16/2024 08.03 AM | $349,000 | -$16,000 |
| 11/15/2023 08.10 AM | $365,000 | -$35,000 |
| 05/21/2023 10.48 AM | $400,000 |
A broker reciprocity listing courtesy: Z' Up North Realty - Andrea Zupancich
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Duluth Area Association of REALTORS® MLS. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Duluth Area Association of REALTORS® MLS. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2024 Duluth Area Association of REALTORS® MLS. All Rights Reserved.
Sales History & Tax Summary for 342 E Sheridan St
Sales History
| Date | Price | Change |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.
Schools
Schools nearby 342 E Sheridan St
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Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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