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302 E Sheridan Street

Ely, MN 55731
  • $495,000
  • STATUS: Active
  • ON SITE: 87 Days
  • ID#: 6393770
UPDATED: 9 min ago
$495,000
  • 0
    BEDS
  • 0.72
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,124
    SQFT
  • $120
    $/SQFT
Type:
Commercial
Built:
1989
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Ferndale Realty.

Description

Motivated Seller, bring your offers and ideas and Live the dream in Ely, Minnesota! This restaurant and bar with full liquor license is now available in the canoe capital of the world. Rockwood Eatery is at the heart of this charming up north town and hosts the 4100 sqft restaurant featuring a massive commercial kitchen with owned dishwasher and new Manitowoc ice machine in 2023, over 2000 sqft of patio space where customers enjoy a brew after a long day on the water, and over 40 parking spaces right out the front door, unheard of in Ely. Significant updates include but are limited to: new roof and east wall of windows in 2021, new dishwasher and pro-smoker in 2022, and a commercial HVAC system in 2019. This is a once-in-a-lifetime opportunity to be your own boss and invest in a solid outdoor recreation market.

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IDX data © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Realty | Team Borchardt are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Keller Williams Realty | Team Borchardt is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Keller Williams Realty | Team Borchardt, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2023-09-23T09:23:28.163.

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302 E Sheridan Street Ely, MN 55731

  • Price: $495,000
  • Status: Active
  • On Site: 87 Days
  • Updated: 9 min ago
  • ID#: 6393770
0
Beds
0
Baths
0
½ Baths
0.72
Acres
4,124
SQFT
$120
$/SQFT
1989
Built
County:
St. Louis
School District:
696 - Ely
Property Description
Motivated Seller, bring your offers and ideas and Live the dream in Ely, Minnesota! This restaurant and bar with full liquor license is now available in the canoe capital of the world. Rockwood Eatery is at the heart of this charming up north town and hosts the 4100 sqft restaurant featuring a massive commercial kitchen with owned dishwasher and new Manitowoc ice machine in 2023, over 2000 sqft of patio space where customers enjoy a brew after a long day on the water, and over 40 parking spaces right out the front door, unheard of in Ely. Significant updates include but are limited to: new roof and east wall of windows in 2021, new dishwasher and pro-smoker in 2022, and a commercial HVAC system in 2019. This is a once-in-a-lifetime opportunity to be your own boss and invest in a solid outdoor recreation market.
Exterior Features

Construction Materials Brick VeneerMetal SidingOther Foundation Area 4124 Levels One Lot Features Corner LotTree Coverage - Light Lot Size Dimensions 250X125 Parking Features Parking LotOpen Parking Open 41 Road Frontage Type City StreetState Road Roof Rubber

Interior Features

Cooling Central Air Heating Forced Air

Property Features

Accessibility Features No Stairs Internal Additional Parcels YN No Assessment Pending Unknown Contingency None Current Use RestaurantBar/Tavern Foreclosure Status No Fractional Ownership YN No Fuel Natural Gas Inclusions BuildingFixture/EquipmentLand Land Lease YN No Lender Owned No Postal City Ely Potential Short Sale No Property Sub Type Business Rental License YN No Sewer City Sewer/Connected Tax Annual Amount 9578 Tax With Assessments 9578.0000 Tax Year 2023 Utilities Electric CommonHeating CommonHot Water Common Water Source City Water/Connected Zoning Description Business/Commercial

NorthstarMLS] logo © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Ferndale Realty: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Realty | Team Borchardt are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Keller Williams Realty | Team Borchardt is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Keller Williams Realty | Team Borchardt, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2023-09-23T09:23:28.163.

Click here for Digital Millennium Copyright Act
 
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NorthstarMLS] logo Listing courtesy of Ferndale Realty.