$215,000
955 E Sheridan St Ely, MN 55731
Active Contingent MLS# 6125842
1,900 sq ft Commercial
Details for 955 E Sheridan St
MLS# 6125842
Description for 955 E Sheridan St, Ely, MN, 55731
A truly special commercial opportunity in the heart of Ely. This highly visible, centrally located property offers a warm and welcoming setting that has been thoughtfully cared for and has provided a space for community engagement and philanthropy. Currently operating as a restaurant with a full commercial kitchen, the property is well-suited for continued use as a dining establishment or could be reimagined for a variety of retail, hospitality, or other commercial ventures. The Northwoods-inspired building is full of character, featuring attractive half-log siding, a beautiful fireplace, and a charming open-concept interior that immediately makes visitors feel at home. The tasteful finishes, inviting atmosphere, and flexible layout create a memorable space with excellent potential. There is also the possibility for on-site owner quarters or rental income, adding even more value and versatility. Outside, the expansive deck is surrounded by beautiful landscaping and seasonal flowers, offering a lovely outdoor seating area and a wonderful place for guests to gather and enjoy the Ely experience. With good parking options, convenient customer access, and strong visibility, this property stands out as a rare opportunity to own a beloved commercial space in one of Ely’s most recognizable and welcoming locations.
Listing Information
Property Type: Commercial
Status: Active Contingent-Inspection (MN Only)
Bathrooms: 2
Lot Size: 0.14 Acres
Square Feet: 1,900 sq ft
Year Built: 1920
Stories: 2 Story
Construction: Frame/Wood
Number Of Units Total: 1
County: St. Louis
School Information
District: Ely #696
Room Information
Bathrooms
1/2 Baths: 2
Interior Features
Additional Interior Features: Smoke Detectors, Kitchen Area, Restrooms
Utilities
Water: City
Sewer: City
Heating: Propane
Exterior / Lot Features
Exterior: Other
Roof: Asphalt Shingles, Metal
Lot Dimensions: 50 x 125
Additional Exterior/Lot Features: Road Frontage - City
Community Features
Security Features: Security Lighting
Unit Information
Unit 1 Baths Total: 2
Unit 1 Rooms Total: 5
Driving Directions
In Ely, take Sheridan Street to 955 on the north side of the street.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 030-0380-02031
Tax Amount: 3698
Tax Year: 2026
A broker reciprocity listing courtesy: Bear Island Realty LLC - Kate Davies
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 2026 Duluth Area Association of REALTORS® MLS. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 955 E Sheridan St
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 955 E Sheridan St
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Data powered by ATTOM Data Solutions. Copyright© 2026. 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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