# 2331 Old Hwy 169, Ely, MN 55731

> **TL;DR:** commercial, $459,000. Est. $2,455/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $459,000 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,321 |
| Estimated Insurance | $134 |
| **Total** | **$2,455** |

## Description

### Agent Description
OPEN HOUSE: Click link for 3D Virtual Tour. Here's Your Opportunity to Live & Work Up North In Ely! Boat Storage/Rental/Servicing Business with BOOKS THAT EASILY SUPPORT THE ASKING PRICE, PASSIVE INCOME & EXCELLENT GROWTH OPPORTUNITIES! Set on paved road with 11.5 acres and visibility from the corner of Highway 169 & Grant McMahan, just 5 mi s of Ely. 1B/1B yr rnd house w/screen porch potential to be 2nd BR. 4920SF storage bldg w/17ft high dbl door on each end, office w/laundry bath, 1B/1B upstairs yr rnd apt & indoor storage for 14 boats. 50 + boats stored outside, room for more & potential to construct addl storage bldg. Most storage is repeat contract for 6-7 months & includes retrieval from lake, motor winterization, storage & spring launch. Addl services such as tune ups & rigging as needed. Currently 128 boats shrink wrapped on or off site, including commercial multi-boat clients. Business includes 2 pontoon rentals. Property available without business for $379,000.

## Location

- **Address:** 2331 Old Hwy 169, Ely, MN 55731
- **Coordinates:** 47.893988, -91.924751
- **Google Maps:** https://www.google.com/maps?q=47.893988,-91.924751

## Virtual Tour & Media

- **Video Tour:** https://my.matterport.com/show/?m=2FJ5j3zcsMo&mls=1

## Listing Agent

- **Name:** Lisa Janisch
- **Brokerage:** Janisch Realty
- **Phone:** 2187806644
- **Broker Phone:** (218) 780-6644
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/RAORMN/148712/?channel=propsimple)

## Photos

![2331 Old Hwy 169 - Photo 1](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f2212007436r.jpg)

![2331 Old Hwy 169 - Photo 2](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f1261918539r.jpg)

![2331 Old Hwy 169 - Photo 3](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f3186375369r.jpg)

![2331 Old Hwy 169 - Photo 4](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f2705067496r.jpg)

![2331 Old Hwy 169 - Photo 5](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f3367494656r.jpg)

![2331 Old Hwy 169 - Photo 6](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f788678780r.jpg)

![2331 Old Hwy 169 - Photo 7](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f2115734026r.jpg)

![2331 Old Hwy 169 - Photo 8](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f2723556345r.jpg)

![2331 Old Hwy 169 - Photo 9](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f725368674r.jpg)

![2331 Old Hwy 169 - Photo 10](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f1221971293r.jpg)

![2331 Old Hwy 169 - Photo 11](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f132142748r.jpg)

![2331 Old Hwy 169 - Photo 12](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f11708069r.jpg)

![2331 Old Hwy 169 - Photo 13](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f2603831405r.jpg)

![2331 Old Hwy 169 - Photo 14](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f3150607756r.jpg)

![2331 Old Hwy 169 - Photo 15](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f926050823r.jpg)

![2331 Old Hwy 169 - Photo 16](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f3188253730r.jpg)

![2331 Old Hwy 169 - Photo 17](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f1253467833r.jpg)

![2331 Old Hwy 169 - Photo 18](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f550422286r.jpg)

![2331 Old Hwy 169 - Photo 19](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f9749852r.jpg)

![2331 Old Hwy 169 - Photo 20](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f1843939416r.jpg)

![2331 Old Hwy 169 - Photo 21](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f2012869301r.jpg)

![2331 Old Hwy 169 - Photo 22](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f2987170195r.jpg)

![2331 Old Hwy 169 - Photo 23](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f69033286r.jpg)

![2331 Old Hwy 169 - Photo 24](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f3989661008r.jpg)

![2331 Old Hwy 169 - Photo 25](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f1528895185r.jpg)

![2331 Old Hwy 169 - Photo 26](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f1146087559r.jpg)

![2331 Old Hwy 169 - Photo 27](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f3473518212r.jpg)

![2331 Old Hwy 169 - Photo 28](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f697995149r.jpg)

![2331 Old Hwy 169 - Photo 29](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f717159794r.jpg)

![2331 Old Hwy 169 - Photo 30](http://lh.rdcpix.com/15c1a4033c05bb4ccb5827ffdf6c3c01l-f4147594361r.jpg)

---

**MLS#:** 148712 | **Updated:** 2026-08-29
**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/2331-old-hwy-169-ely-mn-55731-n148712)

---

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