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$425,000

  • Sold
  • Closed
  • Business
  • 4,124 Sq. Ft.
  • 0.72 Acres
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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.

Full Property Details for 302 E Sheridan St

General

  • Sold For: $425,000
  • Taxes: $9,578 (2023)
  • Status: Closed
  • Type: Business
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6393770
  • Added to Site: 1, 045 day(s) ago

Parking

  • Parking Features: Parking Lot, Open

School Information

  • School District: 696 - Ely
  • High School District: Ely

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Financial Considerations

  • Tax Amount: $9,578
  • Tax Year: 2023

Disclosures and Reports

  • Legal Description: WHITESIDES ADDITION TO THE TOWN OF ELY LOTS 1 THRU 10
  • Inclusions: Building, Fixture/Equipment, Land
  • Property ID: 30037000930

Listed by Ferndale Realty
Sold by Non-MLS

Listing agent

— 302 E Sheridan St —

  • Ferndale Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 302 E Sheridan St

School District:Ely Public School District
NameGradesDistance
Washington Elementary School, Ely, MN
520 East Harvey Street, Ely, MN 55731
PK-50.2 mi
Memorial Secondary
600 East Harvey Street, Ely, MN 55731
9-120.2 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 302 E Sheridan St

Date
Details
Price
Change
Source
3/07/2024
Sold
$425,000
-14.14%
MLS
6/27/2023
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Ferndale Realty
Sold by Non-MLS

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302 E Sheridan Street, Ely, MN 55731 (MLS# 6393770) is a Business property that was sold at $425,000 on March 07, 2024. Want to learn more about 302 E Sheridan Street? Do you have questions about finding other Business real estate for sale in Ely? You can browse all Ely real estate or contact a Coldwell Banker agent to request more information.