# 133 E Chapman Street, Ely, MN 55731

> **TL;DR:** commercial, $230,000. Est. $1,230/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $230,000 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,163 |
| Estimated Insurance | $67 |
| **Total** | **$1,230** |

## Description

### Agent Description
Excellent commercial space opportunity conveniently located on Chapman Street in Ely! This versatile property offers endless possibilities for an owner-occupant or investor. The main level features an open, flexible floor plan that is ideal for retail, professional office space, a boutique, studio, or a variety of other business uses. Upstairs, you'll find a spacious one-bedroom apartment with its own private rear entrance, a large rooftop deck, and convenient off-street parking. Live where you work, generate rental income, or lease both levels for maximum investment potential. A unique property offering flexibility, income-producing possibilities, and a prime Chapman Street location.

## Location

- **Address:** 133 E Chapman Street, Ely, MN 55731
- **Coordinates:** 47.902549, -91.864427
- **Google Maps:** https://www.google.com/maps?q=47.902549,-91.864427

## Listing Agent

- **Name:** Julian Rasmusson
- **Brokerage:** z' Up North Realty
- **Phone:** 6512708911

## Primary Photo

![133 E Chapman Street - Primary Photo](http://lh.rdcpix.com/6eb031f92f75a9ce89537ac0cba38ecel-f778206856r.jpg)

*30 total photos available on [listing page](https://www.propertysimple.ai/listing/133-e-chapman-street-ely-mn-55731-n150225)*

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**MLS#:** 150225 | **Updated:** 2026-08-02
**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/133-e-chapman-street-ely-mn-55731-n150225)

---

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