NEED TO SELL your home to buy this one?
  • 420 E Sheridan St

  • Ely, MN 55731
  • $109,900
  • 1 Baths
  • MLS® #: 6079375
  • Year Built: 1925
COMMERCIAL property for sale in Ely, MN at 420 E Sheridan St. This property is priced at $109,900/acre.

Description of 420 E Sheridan St, Ely, MN 55731 - $109,900

RENTAL INCOME - Retail Beauty Salon, with large 3 bedroom apartment on second floor. Main floor has a large front area plus 3 private offices and a conference room with kitchen area in the back. New Heating system with propane furnace January 2014. All flooring, windows, siding, and wiring replaced since 2007 and a new metal roof in 2016. Current tenants leases must be honored to the extent of the law. Main floor lease is in place until November 1, 2021 with incremental rent increases. Possible Contract for Deed with $25,000 down @ 6% interest. Owner/Agent

Essential Information

  • MLS® #6079375
  • Price$109,900
  • Bathrooms1.00
  • Half Baths1
  • Acres1.00
  • Year Built1925
  • Sub-TypeBusiness Opportunity
  • StatusACTIVE


  • ExteriorSteel
  • RoofAsphalt Shingles
  • ConstructionFrame/Wood

Community Information

  • Address420 E Sheridan St
  • AreaEly
  • CityEly
  • CountySt. Louis County
  • StateMN
  • Zip Code55731

School Information

  • DistrictEly #696


  • InteriorUnfinished
  • HeatingPropane, Baseboard, Boiler
  • CoolingWall
  • # of Stories2

Additional Information

  • Listing OfficeWildwoods Land Company

Kris LindahlREALTOR®

Mortgage Calculator

Down Payment: Monthly Payment:

Property Location for 420 E Sheridan St, Ely

Get directions to this property:

Price Change History for 420 E Sheridan St, Ely, MN (MLS® #6079375)

Date Details Price Change
Price Reduced (from $119,900) $109,900 $10,000 (8.34%)
Please provide a valid email address.

By searching, you agree to the End User License Agreement

Information is supplied by seller and other third parties and has not been verified.

Copyright 2020 Duluth Area Association of REALTORS® MLS All Rights Reserved.