$498,500
2331 Old Highway 169 Ely, MN 55731
For Sale MLS# 6753576
Other
Details for 2331 Old Highway 169
MLS# 6753576
Description for 2331 Old Highway 169, Ely, MN, 55731
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 Information
Property Type: Commercial
Status: Active
Lot Size: 11.50 Acres
Square Feet: 720 sq ft
Year Built: 1989
Foundation: 720 sq ft
Garage: Yes
Stories: 1 Story
Number Of Units Total: 1
Current Use: Residential
County: St. Louis
Days On Market: 290
Construction Status: Previously Owned
School Information
District: 696 - Ely
Interior Features
Accessibility: Other
Utilities
Water: Drilled
Sewer: Private
Other Utilities: Electric Common
Heating: Wood, Wood Stove, Dual Fuel/Off Peak, Electric
Exterior / Lot Features
Garage Spaces: 10
Open Parking: 50
Parking Description: Driveway - Gravel, Detached Garage, Parking Lot, gravel lot, Garage Dimensions - 82x60, Garage Door Height - 17, Garage Sq Ft - 5000.
Exterior: Metal, Wood
Lot Dimensions: 982x668
Zoning: Business/Commercial
Additional Exterior/Lot Features: Land Inclusions - Building,Business,Business Assets,Fixture/Equipment,Inventory,Land,Other
Driving Directions
From Ely, W. on Hwy 169, R. on Old Hwy 169 to Fire#.
Financial Considerations
Other Annual Tax: $325
Tax/Property ID: 465004005841
Tax Amount: 2655
Tax Year: 2025
HomeStead Description: Homesteaded
A broker reciprocity listing courtesy: Janisch Realty, Inc
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. 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 Regional Multiple Listing Service of Minnesota, Inc. 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.
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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 2331 Old Highway 169
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 2331 Old Highway 169
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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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