2 W Sheridan St, Ely, MN 55731

Other
AUD $1,411,495
USD $979,000
Published on: 11 Jul 2026
Last updated on: 29 Sep 2026
2 W Sheridan St, Ely, MN 55731
2 W Sheridan St, Ely, MN 55731
2 W Sheridan St, Ely, MN 55731
+33
2 W Sheridan St, Ely, MN 55731
  • 33
Property ID: 110119331942
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COMMERCIAL, Ely, MN

2 W Sheridan St, Ely, MN 55731
Rarely does an opportunity arise to own a cornerstone of the Ely community-a business that is not just a destination, but a way of life for those who love and live on Northern Grounds. After more than 30 years of expansion and growth, the current owners are ready to retire, leaving behind a thriving, multi-faceted enterprise with the iconic name that was twice established and is deeply rooted at the gateway to the Boundary Waters Canoe Area (BWCA). This turnkey sale includes a successful business operation at 2 W. Sheridan St. (leased building) and the strategic real estate and production hub at 36 W. Sheridan St. (Parcel 030-0260-00010). The Premier Coffee  it's a journalistic tribute to the 47 degrees N life, free from filters and full of heart. The most desirable asset of Northern Grounds is its people. A loyal, trained staff and a devoted customer base are ready to welcome the next owner. This is a rare invitation to lead a business where honesty, trust, and curiosity are the daily backdrop. Asking price $979,000 Call Kerry

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
283.28 m2
Building Size
404.13 m2
Year Built
1910
County
St. Louis County
Provider
Lake Superior Association of REALTORS®
Brokerage Office Name
Canoe Capital Realty LLC
Brokerage Office Phone
(218) 235-1084
Neighbourhoods
LSAR
Address
2 W Sheridan St, Ely, MN 55731

Tax History

YearTax amount
2026USD $3702AUD $5,337*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.com.au nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.com.au recommends that you independently verify any information before relying on it.

Contact Agent
Kerry Davis
Canoe Capital Realty, LLC
Ely, MN
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Ely, MN
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      Property ID: 110119331942

      Original Property ID: 3yd-DAARMN-6124637
      Data provided by Lake Superior Association of REALTORS®, MLS #: 6124637
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      Copyright © 2026 Lake Superior 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.