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$300,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 5,150 Sq. Ft.
  • Updated 1 day ago

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Commercial Building - Ely, Mn - REAL ESTATE ONLY - 5000 sq ft commercial building in the heart of downtown Ely. This historic building, built in 1920, has 4 separate leasing areas. The main floor front space is leased until April, 2027 and features original tin ceilings and wood floors. The additional main floor and second floor space is occupied by the owners of the building to operate their existing business. Major updates to the building including a new roof in 2023 and a new fuel oil boiler in 2021. Great corner location. The building was a successful clothing store for 30+ years. This is an opportunity to bring your existing business to this location or to establish a new business venture.

Full Property Details for 145 E Chapman St

General

  • Price: $300,000
  • Status: Active
  • Type: Commercial
  • Source: 1404
  • MLS ID: 149947
  • Updated: 5/13/2026
  • Added to Site: 3 day(s) ago

Business

  • Business Type: See Remarks

Additional Information

  • Business Amenities: Display Window, Inside Storage

Parking

  • Parking: Street Parking, Paved

Location

  • Area: Ely/Winton
  • Location Details: Corner Lot, Downtown Area

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Three or More Unit(s)

Utilities

  • Utility Description: City Sewer, City Water, Electric

Structural Information

  • Exterior Const.: Block
  • Basement Desc.: Full
  • Roof: Rubber
  • Square Feet: 5,150
  • Upper: 2,575 Sq. Ft.
  • Lower: 2,575 Sq. Ft.
  • Main/1st Level: 2,575 Sq. Ft.
  • Finished Total: 5,150 Sq. Ft.
  • Basement Finished: 0%

Lot Features

  • Lot Dimensions: 125 x 25
  • Frontage: City Street
  • Zoning: Com

Disclosures and Reports

  • Property ID: 030-0010-01810

Listed by Ely Realty

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— 145 E Chapman St —

  • Ely Realty

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 145 E Chapman St

School District:Ely Public School District
NameGradesDistance
Washington Elementary School, Ely, MN
520 East Harvey Street, Ely, MN 55731
PK-50.3 mi
Memorial Middle School
600 East Harvey Street, Ely, MN 55731
6-80.3 mi
Memorial Secondary
600 East Harvey Street, Ely, MN 55731
9-120.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 145 E Chapman St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/11/2026
Listed
$300,000
122.22%
MLS
9/11/2019
Sold
$135,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 145 E Chapman St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,236
7%
$179,100
5%
2025
$4,888
8%
$170,100
18%
2024
$4,508
14%
$144,300
—
2023
$3,954
-9%
$144,300
12%
2022
$4,344
14%
$129,100
—
2020
$3,822
1%
$129,100
—
2019
$3,770
1%
$129,100
1%
2018
$3,728
-18%
$128,300
—
2017
$4,534
-13%
$128,300
-15%
2016
$5,186
-12%
$150,400
-9%
2015
$5,912
-1%
$165,300
—
2014
$5,977
-8%
$165,300
-5%
2013
$6,487
—
$173,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Ely Realty

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145 E Chapman St, Ely, MN 55731 (MLS# 149947) is a Commercial property. 145 E Chapman St is currently listed for $300,000 and was received on May 11, 2026. Want to learn more about 145 E Chapman St? Do you have questions about finding other Commercial real estate for sale in Ely? You can browse all Ely real estate or contact a Coldwell Banker agent to request more information.

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