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Key Details
Sold Price $350,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Subdivision Semers 2Nd Add To Ely
MLS Listing ID 5690019
Sold Date 03/11/21
Year Built 1930
Annual Tax Amount $8,596
Tax Year 2020
Contingent None
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 31.00 x 101.00
Property Description
Beautifully updated 15 unit Motel on Ely's Busiest Street! Located just a few short e blocks from the heart of downtown Ely, MN. Amazing drive by traffic and notability! Great Income and greater income potential! Additional features are the on site 2 BR owners quarters, quaint 5 room Bunkhouse, and ample off street parking for your guests. This motel comes furnished so it's ready for you to get going and start making some money! In-house laundry facilities, high speed internet and plenty of bar and restaurant choices within easy walking distance. And lets not forget the unique gift shop choices as well! Nice clean motel and a super location!
Location
State MN
County St. Louis
Zoning Business/Commercial
Rooms
Basement Full
Interior
Heating Hot Water
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features Detached
Utilities Available Hot Water Separate
Roof Type Asphalt
Present Use Hotel/Motel
Building
Lot Description Irregular Lot
Story Two
Foundation 2024
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Fiber Board
Schools
School District Ely
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