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  • 420 E Sheridan St

  • Ely, MN 55731
  • $119,900
  • 1 Baths
  • MLS® #: 6079375
  • Year Built: 1925
COMMERCIAL property for sale in Ely, MN at 420 E Sheridan St. This property is priced at $119,900/acre.

Description of 420 E Sheridan St, Ely, MN 55731 - $119,900

RENTAL INCOME - Retail Beauty Salon, with nice 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$119,900
  • Bathrooms1.00
  • Half Baths1
  • Acres1.00
  • Year Built1925
  • TypeCOMMERCIAL
  • Sub-TypeBusiness Opportunity
  • StatusACTIVE

Exterior

  • ExteriorSteel
  • RoofAsphalt Shingles
  • ConstructionFrame/Wood

Community Information

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

School Information

  • DistrictEly #696

Interior

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

Additional Information

  • Listing OfficeWildwoods Land Company

Kris LindahlREALTOR®

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