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Listings courtesy of Z'Up North Realty, Inc. as distributed by MLS GRID.

Active - Other for sale

Ely, MN

1 bd

Facts & features

Other Property type
66 days on Beycome
1900 Year built

Why you’ll love it

  • Rooftop

Excellent commercial space opportunity conveniently located on Chapman Street in Ely! This versatile property offers endless possibilities for an owner-occupant or investor. The main level features an open, flexible floor plan that is ideal for retail, professional office space, a boutique, studio, or a variety of other business uses. Upstairs, you'll find a spacious one-bedroom apartment with its own private rear entrance, a large rooftop deck, and convenient off-street parking. Live where you work, generate rental income, or lease both levels for maximum investment potential. A unique property offering flexibility, income-producing possibilities, and a prime Chapman Street location.

Translating description...

Listed by: Z'Up North Realty, Inc.

Co-listed by: Z'Up North Realty, Inc.

Source: Northstar MLS as distributed by MLS GRID, MLS#: 7100496 Northstar MLS as distributed by MLS GRID logo

Based on information as of Jun 01, 2026 at 01:00am EDT.

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Affordability

$150,000$310,000
1%20%
0%90%
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Estimated monthly payment

$1,438/mo

  • Mortgage$1,163
  • Property tax$275
  • HOA fee
  • Homeowners insurance
Due at closing$182,850
Down payment held in escrow$46,000
Closing costs$3,450
beycome credit Est.$4,600

Beycome estimates only. Actual amounts and terms vary by lender and location.

Discover the neighborhood

Travel times

About Ely

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AI-generated overview for informational purposes only.
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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Jun 01, 2026 at 01:00am EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$230,000 Listed price

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$4,600 Credit back

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