$425,000
$495,000
14.1%For more information regarding the value of a property, please contact us for a free consultation.
0.72 Acres Lot
SOLD DATE : 03/07/2024
Key Details
Sold Price $425,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6393770
Sold Date 03/07/24
Year Built 1989
Annual Tax Amount $9,578
Tax Year 2023
Contingent None
Lot Size 0.720 Acres
Acres 0.72
Lot Dimensions 250x125
Property Description
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.
Location
State MN
County St. Louis
Zoning Business/Commercial
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Garage Parking Lot, Open
Utilities Available Electric Common, Heating Common, Hot Water Common
Roof Type Rubber
Present Use Restaurant,Bar/Tavern
Parking Type Parking Lot, Open
Building
Lot Description Corner Lot, Tree Coverage - Light
Story One
Foundation 4124
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Brick Veneer,Metal Siding,Other
Schools
School District Ely
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