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  • 110 N 2nd Ave

  • Ely, MN 55731
  • $295,000
  • MLS® #: 6081450
  • Year Built: 1930
COMMERCIAL property for sale in Ely, MN at 110 N 2nd Ave. This property is priced at $1,180,000/acre.

Description of 110 N 2nd Ave, Ely, MN 55731 - $295,000

Ideal Business Opportunity in Ely, MN!!! This newly updated motel right on Ely's busy Sheridan Street offers good solid income, great location, updated and meticulous rooms, 2 bedroom living quarters, and office with greeting area for a cup of coffee. Along with the motel the property features a Traditional Inn with 5 guest rooms, beautiful front porch and the second floor waiting for further expansion. The owners have paid attention to all details to make a comfortable and relaxing stay for all guests and are continuing to upgrade property. The property also features in-house laundry facility, high speed internet and there is ample parking available for all guests. Come on in to the Canoe on Inn and please visit for more details.

Essential Information

  • MLS® #6081450
  • Price$295,000
  • Bathrooms0.00
  • Acres0.25
  • Year Built1930
  • Sub-TypeCommercial
  • StatusACTIVE


Propane, Oil, Baseboard, Boiler

Community Information

  • Address110 N 2nd Ave
  • AreaEly
  • CityEly
  • CountySt. Louis County
  • StateMN
  • Zip Code55731


  • ExteriorFiber Board
  • RoofAsphalt Shingles
  • ConstructionConcrete Block, Frame/Wood


  • InteriorSheet Rock
  • CoolingWall
  • # of Stories2

School Information

  • DistrictEly #696

Additional Information

  • Listing OfficeWildwoods Land Company

Kris LindahlREALTOR®

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Price Change History for 110 N 2nd Ave, Ely, MN (MLS® #6081450)

Date Details Price Change
Price Reduced $295,000 $55,000 (15.71%)
Price Reduced (from $385,000) $350,000 $35,000 (9.09%)
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