About This Home

This 0-bedroom, 0-bathroom commercial at 43 E Camp St in Ely, MN is listed for $395,000 ($56 per sqft). Built in 1910, the home offers 7,000 sqft of living space on a 0.60 acres lot.

Key Features

  • Built in 1910
  • 0.60 acre lot

Property Details

1910
Listing Description

**Prime Cannabis Retail Property - Downtown Ely, MN** **Over 7,000 sq ft Commercial Building** 43 E Camp Street, Ely, Minnesota This property is ideally located in the heart of downtown Ely and has already received full approval from the City of Ely Planning & Zoning for **cannabis retail** and **lower-potency hemp edibles**.

A formal approval letter from the City is available upon request. Property is agent owned. Significant pre-opening work has already been completed, saving any new owner months of time and expense. This includes: - Detailed construction documents and build-out drawings - Comprehensive market analysis and financial projections (pro formas) - Extensiv

e demolition and preparation in the upper suite (43 E Camp St, Suite 100) specifically designed for a modern cannabis dispensary **Property Highlights:** - **Upper Level (Suite 100)**: Partially demo'd and ready for dispensary build-out - **Lower Level**: More than 3,000 sq ft with its own private entrance, large dedicated parking lot, multiple offices of varying sizes, generous storage space, and two bathrooms.

Currently configured as professional commercial space. - **Flexible Tenants**: The two businesses occupying the lower level are willing to terminate their leases or negotiate new terms with the incoming owner. This is a rare, shovel-ready opportunity to open a cannabis dispensary in an approved downtown location with strong foot traffic, excellent visibility, and immediate infrastructure in place.

Take advantage of all the hard work already done - step in and start building your cannabis business in Ely! Serious inquiries only. Construction documents, financials, market study, and City approval letter available to qualified buyers.

Monthly Cost Estimate

$2,113/mo

20% down · 6.5% · 30 years

Principal$286
Interest$1,712
Insurance$115

Estimates only. Actual payments may vary.

Location

43 E Camp St

Ely, MN 55731

Property Details

Heating

Electric (Heating)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 43 E Camp St is listed at $395,000 ($56/sqft). The estimated monthly payment is $2,112 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.60 acre lot.

This property is listed by Chad Davis and can be reached at (218) 235-1084.

CD

Chad Davis

Agent at Canoe Capital Realty, LLC

(218) 235-1084

Listed by Canoe Capital Realty, LLC

MLS# 6125542· Source: listhub· Listed today

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43 E Camp St, Ely, MN 55731

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