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$230,000

For Sale

3 hours ago

29 E Chapman St, Ely, MN

House

MLS® 6126526

0 Bed

0 Bath

7000 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 7000 sqft
Garage 
Taxes $2,753
Days Active 0
Lot Size 0.15 Acres
Approx. Age 1963
Avg. Price Per Sqft $32
MLS® Number 6126526

Property Address: 29 E Chapman St, Ely, MN, 55731-1227

Average square foot calculated using Size range provided by listing agent.

Description

Bring your vision to one of downtown Ely’s most versatile commercial properties. Offering approximately 7, 000 square feet across two full levels, this building provides an impressive amount of space, flexibility, and income-producing potential in a high-visibility location near the heart of downtown. The main floor includes approximately 3, 450 square feet and is well-suited for a wide range of commercial uses. Its combination of open floor space, private offices, bathrooms, utility area, and rear access options creates exciting potential for retail, office, studio, service-based, recreational, or light commercial use. The layout may also allow the main level to be separated into two individual business spaces, offering flexibility for an owner-occupant, investor, or entrepreneur looking to launch multiple concepts under one roof. The upper level offers another 3, 450 square feet and is currently configured with expansive gathering areas, a stage area, kitchen space, bathrooms, and a private room ideal for an office or storage. With a separate entrance, this level could continue as a commercial space, be used for events or entertainment, or potentially be converted into residential apartments. A rear patio area adds additional usable space, complemented by ample off-street parking. With two full levels, separate access points, and a layout that invites creativity, this property is ready for someone with imagination and ambition. From boutique retail, professional offices, studio space, entertainment, mixed-use redevelopment, or income-producing apartments, the possibilities are wide open for the next owner to create something truly special in downtown Ely.
MLS® Number6126526
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1963
BasementNone
DrivewayAsphalt
Garage Spaces
HeatBaseboard, Oil
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 3, 2026List Date
$230,000List Price
  • Commute

Commute

Starting Address
Destination Address
29 E Chapman St, Ely, MN

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