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29 E Chapman St

Ely, Minnesota, 55731, United States

Property ID: #14064899 // Commercial // Source Status: Active
    / 67
Traditional Sale
List Price:
USD $209,000
Icon 7,000 ft²
Icon 0.15 acres
Icon - beds
Icon - baths
Address:
29 E Chapman St
City:
Ely
State:
Minnesota
Zip Code:
55731
County:
St. Louis County
Country:
United States
Property Type:
Commercial
Additional Property Types:
Commercial
Year Built:
1963
Property Size:
7,000 ft²
Lot Size:
0.15 acres
Units:
2
Data Source:
Lake Superior Area REALTORS®
MLS/Reference Number(s):
6126526
Source Status:
Active
Source Property Type:
Commercial Sale, Commercial

Property Provided By

  • Kate Davies
  • Bear Island Realty LLC
  • +1 (218) 343-9173

Property Information

Bring your vision to one of downtown Ely’s most versatile commercial properties. Offering approximately 7,000 square feet across two full levels, this building provides an impressive amount of space, flexibility, and income-producing potential in a high-visibility location near the heart of downtown. The main floor includes approximately 3,450 square feet and is well-suited for a wide range of commercial uses. Its combination of open floor space, private offices, bathrooms, utility area, and rear access options creates exciting potential for retail, office, studio, service-based, recreational, or light commercial use. The layout may also allow the main level to be separated into two individual business spaces, offering flexibility for an owner-occupant, investor, or entrepreneur looking to launch multiple concepts under one roof. The upper level offers another 3,450 square feet and is currently configured with expansive gathering areas, a stage area, kitchen space, bathrooms, and a private room ideal for an office or storage. With a separate entrance, this level could continue as a commercial space, be used for events or entertainment, or potentially be converted into residential apartments. A rear patio area adds additional usable space, complemented by ample off-street parking. With two full levels, separate access points, and a layout that invites creativity, this property is ready for someone with imagination and ambition. From boutique retail, professional offices, studio space, entertainment, mixed-use redevelopment, or income-producing apartments, the possibilities are wide open for the next owner to create something truly special in downtown Ely.

Directions

In Ely Take Central Ave. South to Chapman St. Turn left and follow to 29 E Chapman St. on the North side of the street.

Source Disclaimer

Lake Superior Area REALTORS®

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Lake Superior Area REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Lake Superior Area REALTORS®, Inc. All rights reserved.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2026-09-15 19:47:17. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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