phone_in_talk (218) 387-9599
location_on 14 Broadway, Grand Marais
mail info@redpinerealty.com
menu

MLS# 6117530 - 401 E Sheridan St Ely, MN 55731

© 2025 Red Pine Realty. All rights reserved.
Introducing 401 E Sheridan St, a prime retail and residential opportunity in the heart of Ely, MN. This historic 6,486 SF free-standing building offers a versatile layout with a main-level retail space currently operating as a liquor store, a 1,666 SF basement used for storage, and a spacious second-level apartment featuring four bedrooms, two bathrooms, a private deck, and a detached garage. Built in 1913, this character-filled property exudes timeless appeal while being ideally situated in a C-1 zoned area, allowing for a variety of potential uses, including retail, restaurant, lounge/bar, grocery, or office space. Nestled in the scenic Northwoods, Ely is known for its strong sense of community, outdoor recreation, and cultural attractions, with the Boundary Waters Canoe Area, International Wolf Center, and Ely Arts & Heritage Center just minutes away. With its historic charm, prime location, and exceptional redevelopment potential, this property presents an exciting opportunity to reimagine a piece of Ely’s history for future generations.

Keller Williams Classic Realty NW - Ely is the brokerage office representing the owner for this listing.
© Copyright 2025, Duluth Area Assn of REALTORS.
The information provided is considered reliable but is not warranted. IDX information is exclusively for the personal, non-commercial use of consumers, and should only be used for the purpose of identifying prospective properties that consumers may be interested in purchasing.
Data Source: DAAR
Red Pine Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Red Pine Realty, a broker participant of Duluth Area Assn of REALTORS. Data last updated: Aug 13 2025 6:37PM.

Introducing 401 E Sheridan St, a prime retail and residential opportunity in the heart of Ely, MN. This historic 6,486 SF free-standing building offers a versatile layout with a main-level retail space currently operating as a liquor store, a 1,666 SF basement used for storage, and a spacious second-level apartment featuring four bedrooms, two bathrooms, a private deck, and a detached garage. Built in 1913, this character-filled property exudes timeless appeal while being ideally situated in a C-1 zoned area, allowing for a variety of potential uses, including retail, restaurant, lounge/bar, grocery, or office space. Nestled in the scenic Northwoods, Ely is known for its strong sense of community, outdoor recreation, and cultural attractions, with the Boundary Waters Canoe Area, International Wolf Center, and Ely Arts & Heritage Center just minutes away. With its historic charm, prime location, and exceptional redevelopment potential, this property presents an exciting opportunity to reimagine a piece of Ely’s history for future generations.

Keller Williams Classic Realty NW - Ely is the brokerage office representing the owner for this listing.
© Copyright 2025, Duluth Area Assn of REALTORS.
The information provided is considered reliable but is not warranted. IDX information is exclusively for the personal, non-commercial use of consumers, and should only be used for the purpose of identifying prospective properties that consumers may be interested in purchasing.
Data Source: DAAR
Red Pine Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Red Pine Realty, a broker participant of Duluth Area Assn of REALTORS. Data last updated: Aug 13 2025 6:37PM.