429 E Sheridan St Ely, MN 55731

$219,000
Active
1,362 Sq Ft  |  Commercial  |  MLS # 6126552
Active
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About The Listing

This is an exciting opportunity to own a meticulously updated and well-maintained property with endless potential. The property features three separate buildings: the main building, a guest house, and a workshop. The main building is a charming kit log structure featuring a spacious 8' x 22' covered front porch with a beautiful handcrafted floating stone walkway leading to the entrance. Inside, you'll find a versatile space ideal for retail, office, or other business use, along with a loft and generous storage areas. Recent updates include newer flooring, LP heating, blinds, a metal roof, exterior stain, and fencing. The guest house has been thoughtfully renovated with custom-built bunk beds and bed frames, comfortably sleeping up to eight guests. Improvements include updated electrical, newer cove electric heat, newly insulated walls finished with tongue-and-groove wood, a fully equipped kitchen, and a 3/4 bath featuring ceramic tile flooring and backsplash. The beautifully landscaped grounds showcase stone pathways, decorative rock accents, and ample off-street parking, creating an inviting setting for guests or customers alike. Whether you're looking to establish a retail shop, office, vacation rental, or another entrepreneurial venture, this exceptional property offers the perfect opportunity to bring your dream and vision to life.


Listing courtesy of Bear Island Realty LLC
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Year Built: 1997
MLS #: 6126552
Square Feet: 1,362
Price Per Square Foot: $161
Parking Description: Open, Off Street
Sewer Description: Public Sewer
Air Conditioning Type: Window Unit(s)
Water: City
Heat Type: Baseboard, Wall Unit(s), Propane, Electric
Basement: None, Partial, Slab
Construction Description: Log, Vinyl, Wood
Roof Description: Metal
Days On Market (Continuous): 7
Disability Features: Door Lever Handles
Latest Update: 07/09/2026
List Date: 07/03/2026
Listing Agent ID: trishab
Listing Office: Bear Island Realty LLC
Listing Office ID: 31750
Data Source: LSAR - Lake Superior Area REALTORS
Lot Dimensions: 50 x 125
Lot Size: 0.14 Acres
School District: Ely #696
Tax Year: 2026
Estimated Taxes: $2,635
City: Ely
Zip: 55731
Area: LSAR
County: St. Louis County
State: MN

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Listing last updated: 07/09/26

The information published and disseminated by the service is communicated verbatim, without change by the service, as filed with the service by the participant. The service does not verify such information provided and disclaims any responsibility for its accuracy. Each participant agrees to hold the service harmless against any liability arising from any inaccuracy or inadequacy of the information such participant provides.