Find more Ely listings        

My notes for this property


Add listing to my favorites (required)
Active
Listed
$2,625,000
/mo   Edit
MLS# 5193963
459 Kawishiwi Trail
Ely, MN 55731
Commercial
Built 1919
59.7 acres
Lake Superior schools
Info: 763-576-8286
My rating:
Request a Showing:
Agent
Ask the Agent

Are You a
Pre-Approved Buyer?

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Agree to Terms & Conditions

    Thank You

    An agent will contact you soon.

    Description:   WELL MAINTAINED FULL SERVICE PROFITABLE BOUNDARY-WATERS-AREA RESORT with FINANCEABLE BOOKS & EXCELLENT DEVELOPMENT OPPORTUNITIES! One of a kind property includes 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, full commercial kitchen, full bar, banquet areas, retail space, marina, boat gas sales, and more.
    List Price: $2,625,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1919
    City: Ely
    Zip Code: 55731

    Interior

    Building Fin Sq Ft: 6,000 ft²

    Exterior

    Heating System: Forced Air, Radiant, Boiler, Fireplace, Wood Stove
    Foundation Size: 6,000 ft²
    Handicap Accessible: None
    Exterior Material: Wood, Brick/Stone, Log Home
    Garage Spaces: 2
    Other Parking Spaces: 30

    Lake/Waterfront

    Lake/Waterfront: Lake Front
    Lake/Waterfront Name: White Iron Lake
    DNR Lake ID#: 69000400
    WF Frontage: 3040
    Lake Acres: 3246.08000
    Lake Depth: 47

    Lot

    Acres: 59.7
    Latitude: 47.90417900
    Longitude: -91.75703600
    Lot Size Dim.: 2350x1270
    Zoning: Business/Commercial

    Schools

    School District: 381 - Lake Superior
    District Phone: 218-834-8216

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $24,240
    Assessment Pending: No
    Taxes w/ Assessments: $24,240

    Unit

    Total Units: 12

    Miscellaneous

    Current Use: Bed & Breakfast, Restaurant, Tavern/Lounge, Hotel/Motel, Food Service, Commercial
    Fuel System: Electric, Propane, Wood
    Owner Occupied: Y
    Sale Includes: Business, Building, Land, Inventory, Fixture/Equipment
    Sewer System: Private
    Water System: Well

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Get to know our Home Mortgage Professionals

    Jeff
    Zajac
    TruStone
    Chrissy
    Von Itter
    Movement
    Richard
    Smyth
    TruStone
    Jeff Zajac
    Area Sales Manager
    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

     Residential Loan Pre-Qualification Form

    To get started on your loan pre-qualification, please complete the form below. A loan officer will need to gather additional information in order to determine your eligibility for a loan.

    to

    I would like to get pre-qualified:  

    I am interested in buying:  

    I plan to use my new home as:  

    I want to finance using:  

    Loan term:  

    I am interested in down payment assistance:  

    Down payment amount:  

    I am married:  

    I am currently renting:  

    My credit score:  

    Comments/Questions:  

    Listing provided by RMLS, courtesy of Janisch Realty, Inc