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1145 E Sheridan St
Ely, MN 55731
Adventure Inn of Ely, MN · Hospitality Property For Sale · 18,804 SF

INVESTMENT HIGHLIGHTS

  • Excellent opportunity for an owner/operator
  • Very strong cash on cash returns
  • On site 2 bedroom living quarters

PROPERTY FACTS

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class C
Lot Size 0.43 AC
Building Size 18,804 SF
No. Stories 2
Year Built 1940
Parking Ratio 1.38/1,000 SF
Corridor Exterior
Zoning Commercial - Commercial

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi
  • Fully-Equipped Kitchen

ABOUT 1145 E SHERIDAN ST , ELY, MN 55731

The Adventure Inn of Ely, MN is a great opportunity to invest in an independent hotel. This energy efficient, eco-friendly hotel is located near a popular entry point for the Boundary Waters Canoe Area Wilderness, making it a very high demand leisure market. Other demand generators include Ely Bloomenson Community Hospital, U.S. Forest Service and U.S. Department of Veteran Affairs

  • Listing ID: 18357272

  • Date on Market: 1/31/2020

  • Last Updated:

  • Address: 1145 E Sheridan St, Ely, MN 55731