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MLS# LSA6125842 - 955 E Sheridan St Ely, MN 55731

© 2026 Red Pine Realty. All rights reserved.
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.

Bear Island Realty LLC 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: 6/5/2026 8:56:00 PM.

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.

Bear Island Realty LLC 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: 6/5/2026 8:56:00 PM.