2331 Old Hwy 169, Ely, MN 55731 (MLS # 6120676)
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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!
| DAYS ON MARKET | 3 | LAST UPDATED | 7/13/2025 |
|---|---|---|---|
| YEAR BUILT | 1989 | COMMUNITY | LSAR |
| COUNTY | St. Louis County | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | LSAR |
|---|---|
| BASEMENT | Crawl Space |
| CONSTRUCTION | Wood Siding |
| HEAT | Wood |
| LOT | 11.5 acre(s) |
| LOT DIMENSIONS | 982x668 |
| PARKING | Gravel |
| STORIES | 1 |
| TAXES | 2655 |
| WATER | Private |
| ZONING | Business/Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Janisch Realty Inc.
Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice.
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