# 120 E Sheridan Street, Ely, MN 55731

> **TL;DR:** commercial, $219,000, built 1910.
> A/C. Est. $1,171/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $219,000 |
| Year Built | 1910 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,107 |
| Estimated Insurance | $64 |
| **Total** | **$1,171** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1910

## Description

### Agent Description
Strategic Commercial + Income Property on Sheridan Street, Ely - Exceptional Traffic & Dual Rental Potential. 3,000+ sq ft commercial building available for the first time. Plenty of off-street parking as well! Located on Ely's principal business corridor it features four large display windows, making it an ideal space for showcasing merchandise. Surrounded by shops, outfitters, galleries, and eateries-this property taps into both local residents and transient recreation customers. Dual Income Streams: Property includes two rentable 1-bedroom apartments, generating extra income alongside commercial use. The retail space easily divides into two separate units-ideal for multiple tenants or increased rental turnover. Traffic Exposure: Sheridan Street boasts approximately 7,700 vehicles per day, driven by Ely's strong tourism traffic-including visitors en route to the Boundary Waters Canoe Area Wilderness, state parks, resorts, and outdoor recreation destinations. Ely is a Tourism Magnet

## Location

- **Address:** 120 E Sheridan Street, Ely, MN 55731
- **Coordinates:** 47.903041, -91.864773
- **Google Maps:** https://www.google.com/maps?q=47.903041,-91.864773

## Virtual Tour & Media

- **Video Tour:** https://www.tourfactory.com/idxr3223219

## Listing Agent

- **Name:** Andrea Zupancich
- **Brokerage:** Z' Up North Realty
- **Phone:** 2188272288
- **Broker Phone:** 2188272288
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/RAORMN/148955/?channel=propsimple)

## Photos

![120 E Sheridan Street - Photo 1](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f3967823552r.jpg)

![120 E Sheridan Street - Photo 2](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f197314516r.jpg)

![120 E Sheridan Street - Photo 3](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f1074691648r.jpg)

![120 E Sheridan Street - Photo 4](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f645289476r.jpg)

![120 E Sheridan Street - Photo 5](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f1646324396r.jpg)

![120 E Sheridan Street - Photo 6](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f1389883527r.jpg)

![120 E Sheridan Street - Photo 7](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f2406206018r.jpg)

![120 E Sheridan Street - Photo 8](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f1074691648r.jpg)

![120 E Sheridan Street - Photo 9](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f1646324396r.jpg)

![120 E Sheridan Street - Photo 10](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f436281627r.jpg)

![120 E Sheridan Street - Photo 11](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f1794505137r.jpg)

![120 E Sheridan Street - Photo 12](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f3309235419r.jpg)

![120 E Sheridan Street - Photo 13](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f3058125938r.jpg)

![120 E Sheridan Street - Photo 14](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f2830406180r.jpg)

![120 E Sheridan Street - Photo 15](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f3894035423r.jpg)

![120 E Sheridan Street - Photo 16](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f3253501761r.jpg)

![120 E Sheridan Street - Photo 17](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f2451212440r.jpg)

![120 E Sheridan Street - Photo 18](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f134883135r.jpg)

![120 E Sheridan Street - Photo 19](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f662958093r.jpg)

![120 E Sheridan Street - Photo 20](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f1796152256r.jpg)

![120 E Sheridan Street - Photo 21](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f3282171281r.jpg)

![120 E Sheridan Street - Photo 22](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f2431888511r.jpg)

![120 E Sheridan Street - Photo 23](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f2552883763r.jpg)

![120 E Sheridan Street - Photo 24](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f2144700179r.jpg)

![120 E Sheridan Street - Photo 25](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f3429401344r.jpg)

![120 E Sheridan Street - Photo 26](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f2605553229r.jpg)

![120 E Sheridan Street - Photo 27](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f430880733r.jpg)

![120 E Sheridan Street - Photo 28](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f686757897r.jpg)

![120 E Sheridan Street - Photo 29](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f3860353646r.jpg)

![120 E Sheridan Street - Photo 30](http://lh.rdcpix.com/d5cdc4b14bdf49396b5304fe68be0befl-f687849609r.jpg)

---

**MLS#:** 148955 | **Updated:** 2026-08-28
**Source:** listhub

*Copyright © 2026 Range Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/120-e-sheridan-street-ely-mn-55731-n148955)

---

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