$720,000

60 W Lakeview Pl

Ely MN, 55731

Description

WOW! Blue-sky awaits you in both the business and the amazing views from the deck, restaurant, cabins and RV / Campgrounds on the shores of gorgeous Shagawa Lake in Ely! This year round business features indoor seating and outdoor deck seating, as well as fireside dining for over 100 people. Rustic seating leads to the ambiance and atmosphere of the true Up North feel. Amazing Opportunity for that go-getter that's looking for resort life in Ely! Full service restaurant with bar service, 4 one (1) bedroom log cabin rentals, 6 RV sites with electric service, 5 tent camping sites tucked in the woods on 3+ acres. 72 feet of dock space with enough room for 15-16 boats, 278 ft of sandy soft beach. Bait and tackle gift shop, office space &/or living quarters, and 20 years of solid 20 years of profitable business, with plenty of room for expansion of services and features. Sky is the limit Cabins included boat rental and wifi/satellite. Website and trademarks included.

Details

MLS#5291127
Sub-TypeResale
StatusActive
Year1959
Days On Site92

Features

SQ Feet2,003
Story(s)1
Units6
ZoningBusiness/Commercial

Market Activity 55731

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Area Information

StateMN
CountySt. Louis
CityEly
Zip Code55731
AreaEly (MN)
Listing VS Median (in 55731)
Price:
$720,000
low | high
Med:
$214,750
100% of Average
SqFt:
2,003
low | high
Med:
1,200
90.089865202197% of Average
$ / SqFt:
$359
low | high
Med:
$183
99.017551135074% of Average
On Site:
92
low | high
Med:
186
49.462365591398% of Average
Listing Updated: 12/10/2019
MLS Number: 5291127
Listing Provided By:
Andrea Zupancich  of  ZUp North Realty Inc.
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this firm are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

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