955 E Sheridan St, Ely, MN 55731 (MLS # 6125842)
Twitter
Facebook
Email
|
A truly special commercial opportunity in the heart of Ely. This highly visible, centrally located property offers a warm and welcoming setting that has been thoughtfully cared for and has provided a space for community engagement and philanthropy. Currently operating as a restaurant with a full commercial kitchen, the property is well-suited for continued use as a dining establishment or could be reimagined for a variety of retail, hospitality, or other commercial ventures. The Northwoods-inspired building is full of character, featuring attractive half-log siding, a beautiful fireplace, and a charming open-concept interior that immediately makes visitors feel at home. The tasteful finishes, inviting atmosphere, and flexible layout create a memorable space with excellent potential. There is also the possibility for on-site owner quarters or rental income, adding even more value and versatility. Outside, the expansive deck is surrounded by beautiful landscaping and seasonal flowers, offering a lovely outdoor seating area and a wonderful place for guests to gather and enjoy the Ely experience. With good parking options, convenient customer access, and strong visibility, this property stands out as a rare opportunity to own a beloved commercial space in one of Ely's most recognizable and welcoming locations.
| DAYS ON MARKET | 17 | LAST UPDATED | 6/4/2026 |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | LSAR |
| COUNTY | St. Louis County | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | LSAR |
|---|---|
| BASEMENT | Partial, Yes |
| CONSTRUCTION | Other |
| HEAT | Propane |
| INTERIOR | Kitchen Area, Outdoor Seating, Restrooms, Security Lighting, Smoke/Fire Alarm, Storage |
| LOT | 6098 sq ft |
| LOT DIMENSIONS | 50 x 125 |
| SEWER | Public Sewer |
| STORIES | 2 |
| TAXES | 3698 |
| UTILITIES | Cable Available |
| WATER | Public |
| ZONING | Business/Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Real Estate Services
of Duluth to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Bear Island Realty LLC
Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice.
Copyright 2026 – Duluth Area Association of REALTORS® MLS – All Rights Reserved.
This IDX solution is (c) Diverse Solutions 2026.