459 Kawishiwi Trail Ely, MN
$ 2,625,000
Property Attributes
  • ID#5733597
  • TypeCommercial
  • CountyLAKE
  • CityEly
  • Zip55731
  • StyleResort
  • Year Built1919
  • Taxes$ 26860
  • Price$ 2,625,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6000
  • Lot Size59.7 Acres
Listing Provided Courtesy Of:
Janisch Realty, Inc
Data Source:
Northstar MLS (NSTAR) - 133 - MN
Property Description

WELL MAINTAINED FULL SERVICE BOUNDARY-WATERS-AREA RESORT with FINANCEABLE BOOKS & EXCELLENT DEVELOPMENT OPPORTUNITIES! One of a kind property! 59.7 acres with 3,040 ft lakeshore split between White Iron & Farm Lake offering multiple use recreation lakes & direct entry to BWCA. Property features individual small cabins, large group cabins, hotel units, camping and RV sites, dining area w/full commercial kitchen, full bar, banquet areas, retail space, marina, boat gas sales, rental boats, 40 person sauna, laundry facilities, recreation space and ample room for expansion in this growing market. DON'T MISS THIS TURN KEY OPPORTUNITY TO OWN YOUR OWN POPULAR BUSINESS!

Price History
4/1/2021 Listed $2,625,000

General Features

Accessibility None
Additional Parcels Description 28631129850
Additional Parcels Y/N Yes
City Ely
Construction Materials Brick/Stone, Log, Wood Siding
Contingency None
County Lake
Current Use Bed & Breakfast, Restaurant, Bar/Tavern, Hotel/Motel, Food Service, Commercial
Days on Market 90
Directions On Kawishiwi Trail by bridge.
Garage Spaces 2
Heating Forced Air, Radiant, Boiler, Fireplace(s), Wood Stove
High School District Lake Superior
Lender Owned No
Property SubType Resort
Property Type Commercial Sale
Sewer Private Sewer
Standard Status Active
Street Name Kawishiwi
Tax Annual Amount 26860
Tax Year 2020
Total Units 12
Utilities Heating Separate, Electric Common, Hot Water Separate
Virtual Tour https://my.matterport.com/show/?m=rUcwPLJ9tsu&mls=1
Water Body Name White Iron
Waterfront Features Lake Front
Year Built 1919
Zoning Description Business/Commercial

Interior Features

Fuel Electric, Propane, Wood
Lake Acres 3246
Street Suffix Trail
Unit Type Efficiencies, 1 Bedroom, 2 Bedroom, 3 Bedroom, 1 Room, 2 Room, 3 Room, 4 Room, 5 Room, 6 Room, 7 Room
Waterfront Feet 3040

Exterior Features

Foundationarea 6000
Inclusions Business, Building, Land, Inventory, Fixture/Equipment
Lot Dimensions 2350x1270
Lot Size Area 59.7
Lot Size Units Acres
Parking Features Gravel, Open
Water Source Well
Waterfront Y/N Yes


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 55731

AVG $2.63M
AVG $26,860
AVG 98
Year Built
AVG 1933
AVG 40
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover