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MLS# LSA6124106 - 1600 E Sheridan St Ely, MN 55731

© 2026 Red Pine Realty. All rights reserved.
Seize a rare opportunity to own a one-of-a-kind commercial property in the heart of Ely, Minnesota — the gateway to the Boundary Waters Canoe Area Wilderness. Situated on a prominent corner lot at the intersection of bustling Sheridan Street and Highway 1, adjacent to the local grocery store, one of the highest traffic anchors in town, this distinctive log building offers maximum visibility, easy access, and unmatched exposure. Set on approximately one acre of commercially zoned land, the property offers ample room to expand, providing long-term flexibility for growth. The natural log construction lends an authentic Northwoods aesthetic that resonates deeply with both the local community and many outdoor enthusiasts, anglers, and adventurers who pass through Ely each year. Ely is Northern Minnesota's premier four-season destination, drawing visitors for BWCA canoe trips, ice fishing, dog sledding, hiking, and fall foliage — and a growing wave of remote workers and retirees choosing small-town Northwoods living. Prime commercial corners in Ely rarely come to market, making this a standout opportunity for investors and business owners alike.

Keller Williams Classic Realty NW - Ely is the brokerage office representing the owner for this listing.
© Copyright 2026, Lake Superior Area REALTORS®, Inc. (LSAR)
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: LSAR
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 Lake Superior Area REALTORS®, Inc. Data last updated: 3/19/2026 5:20:00 PM.

Seize a rare opportunity to own a one-of-a-kind commercial property in the heart of Ely, Minnesota — the gateway to the Boundary Waters Canoe Area Wilderness. Situated on a prominent corner lot at the intersection of bustling Sheridan Street and Highway 1, adjacent to the local grocery store, one of the highest traffic anchors in town, this distinctive log building offers maximum visibility, easy access, and unmatched exposure. Set on approximately one acre of commercially zoned land, the property offers ample room to expand, providing long-term flexibility for growth. The natural log construction lends an authentic Northwoods aesthetic that resonates deeply with both the local community and many outdoor enthusiasts, anglers, and adventurers who pass through Ely each year. Ely is Northern Minnesota's premier four-season destination, drawing visitors for BWCA canoe trips, ice fishing, dog sledding, hiking, and fall foliage — and a growing wave of remote workers and retirees choosing small-town Northwoods living. Prime commercial corners in Ely rarely come to market, making this a standout opportunity for investors and business owners alike.

Keller Williams Classic Realty NW - Ely is the brokerage office representing the owner for this listing.
© Copyright 2026, Lake Superior Area REALTORS®, Inc. (LSAR)
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: LSAR
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 Lake Superior Area REALTORS®, Inc. Data last updated: 3/19/2026 5:20:00 PM.