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2331 Old Highway 169

Ely, MN 55731
  • $498,500
  • STATUS: Active
  • ON SITE: 303 Days
  • ID#: 6753576
$498,500
  • 0
    BEDS
  • 11.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 720
    SQFT
  • $692
    $/SQFT
Type:
Commercial
Built:
1989
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Janisch Realty, Inc.

Description

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!

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IDX data © 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. 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 V&CO | Keller Williams Integrity Edina are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. V&CO | Keller Williams Integrity Edina is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of V&CO | Keller Williams Integrity Edina, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2026-05-13T00:21:53.797.

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2331 Old Highway 169 Ely, MN 55731

  • Price: $498,500
  • Status: Active
  • On Site: 303 Days
  • ID#: 6753576
0
Beds
0
Baths
0
½ Baths
11.5
Acres
720
SQFT
$692
$/SQFT
1989
Built
County:
St. Louis
School District:
696 - Ely
Property Description
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!
Exterior Features

Construction Materials Metal SidingWood Siding Foundation Area 720 Foundation Dimensions 30x24 Garage Dimensions 82x60 Garage Door Height 17 Garage Square Feet 5000 Levels One Lot Size Dimensions 982x668 Parking Features DetachedGravelParking Lot Parking Open 50

Interior Features

Heating DualWood Stove

Property Features

Accessibility Features Other Additional Parcels YN No Assessment Pending Yes Contingency None Current Use Residential Foreclosure Status No Fractional Ownership YN No Fuel ElectricWood Inclusions BuildingBusiness AssetsBusinessFixture/EquipmentInventoryLandOther Land Lease YN No Lender Owned No Postal City Ely Potential Short Sale No Rental License YN No Sewer Private Sewer Tax Annual Amount 2655 Tax With Assessments 2980.0000 Tax Year 2025 Utilities Electric Common Water Source Drilled Zoning Description Business/Commercial

NorthstarMLS] logo © 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Janisch Realty, Inc: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. 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 V&CO | Keller Williams Integrity Edina are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. V&CO | Keller Williams Integrity Edina is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of V&CO | Keller Williams Integrity Edina, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2026-05-13T00:21:53.797.

Click here for Digital Millennium Copyright Act
 
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V&CO | Keller Williams Integrity Edina
7401 Metro Blvd. #350
Edina MN, 55439
NorthstarMLS] logo Listing courtesy of Janisch Realty, Inc.