$449,000
342 E Sheridan St, Ely, MN 55731
0 Beds
0 Baths
n/a SqFt

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Business Opportunity- Ely, MN - This well established business is being offered for sale by the retiring owners who have owned and operated it full time for 22 years. It has been maintained and upgraded during their ownership with appliances replaced as needed along with repairs. New floor tile and ceiling tile in the main laundry area. Vinyl siding added 12 years ago.The roof was just replaced, week of 9/19/22. Asphalt shingles. Air conditioning added to the commercial laundry area in the basement. New plumbing pipes. Commercial accounts for resorts and personal laundry. Spacious 3 bedroom furnished apartment for owner occupancy or rental income. New kitchen and entry tile flooring. Expenses and equipment list to follow soon. Sellers will train new owners for two weeks. Income figures available with a signed confidentiality agreement. Excellent opportunity to live and work in beautiful Ely, Minnesota.
  • Price:
  • $449,000
  • Acreage:
  • 0.14
  • Year Built:
  • 1910
  • Listing ID #:
  • 6101561
  • Street Address:
  • 342 E Sheridan St
  • City:
  • Ely
  • State:
  • Minnesota
  • Postal Code:
  • 55731
  • County:
  • St. Louis
  • Community:
  • Ely
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial
  • Ceiling Height:
  • 8-10 Feet
  • Construction Type:
  • Frame/Wood
  • Exterior Features:
  • Vinyl
  • Stories:
  • 2
  • Type Of Roof:
  • Asphalt Shingles
  • Unit2 Bathrooms:
  • 1
  • Unit2 Bedrooms:
  • 3
  • Unit2 Full Bathrooms:
  • 1
  • Unit2 Total Rooms:
  • 5
  • Year Built:
  • 1910
  • Days On Market:
  • 214
  • For Sale Or Lease?:
  • For Sale
  • Included In Sale:
  • Building, Business, Fixture/Equipment, Land
  • Terms:
  • Cash, Conventional
  • Price Per Square Foot:
  • 200.45
  • Property Taxes:
  • $2,815
  • Tax Year:
  • 2022
  • Existing Water:
  • City
  • Heating:
  • Forced Air, Propane
  • Sewage Type:
  • City
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Janet Erchul of Z' Up North Realty
  • Copyright 2020 – Lake Superior Area REALTORS® MLS – All Rights Reserved DULUTHMN