420 E Sheridan Street Ely MN 55731 | MLS 134255

420 E Sheridan Street Ely MN 55731 | MLS 134255

420 E Sheridan Street
Ely, MN, 55731
$115,900
Beds
Baths
2,456 SqFt
0 Acres
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RENTAL INCOME – Retail Beauty Salon, with nice 3 bedroom apartment on second floor. Main floor has a large front area plus 3 private offices and a conference room with kitchen area in the back. New Heating system with propane furnace January 2014. All flooring, windows, siding, and wiring replaced since 2008. Current tenants leases must be honored to the extent of the law. Main floor lease is in place until November 1, 2021 with incremental increases. Possible Contract for Deed with $25,000 down @ 6% interest. New metal roof on main section of the building installed August of 2016. Owner/Agent

Property Details

Price:
$115,900
MLS #:
134255
Status:
Active
Address:
420 E Sheridan Street
Type:
Commercial
City:
Ely
Listed Date:
Apr 14, 2018 (66 days)
State:
MN
Square Ft (approx):
2,456
ZIP:
55731
Year Built:
1925

Interior

BASEMENT
Full, Poured, Walkout
COOLING
Window Unit
HEAT
Propane

Exterior

CONSTRUCTION
Wood Frame
EXTERIOR
Steel
PARKING
Parking Area, Street Parking
ROAD FRONTAGE
City Street, State Highway
ROOF
Metal

Financial

UTILITIES
City Sewer,City Water

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disclosure
Courtesy of Wildwoods Land Company. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Minnesota – Range Association of REALTORS. Detailed information about real estate listings held by brokerage firms other than Island View Realty include the name of the listing broker. Neither the listing company nor Island View Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2018. Minnesota – Range Association of REALTORS. All rights reserved.
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Pam Oveson, Owner

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Born and raised in International Falls, Pam left at age twenty-two to continue her education and explore the world.  She graduated from the University of New York with a Bachelor of Science, and from Augsburg College with a Masters of Business Administration.  She started her…

Office: 218-285-7060Mobile: 218-240-1103Fax: 218-283-8480

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Jill Kiner, Real Estate Agent

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I grew up in the town of Hallock in northwestern Minnesota.  When I was 18 my parents bought their resort on Kabetogama and I learned how to clean fish and cabins!   I worked at the resort for 17 years while my husband Paul worked in…

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Team Watson, Real Estate Agents

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Team Watson brings a double whammy of experience to help with your real estate needs. The Watson’s careers have spanned the education field, coaching, resort ownership, and guiding on the area lakes. They have the background of business, the knowledge of rural land, history of…

Office: 218-285-7060 Ext. 110Mobile: 218-390-6637Fax: 218-283-8480

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Kim Bolstad, Real Estate Agent

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I started my real estate career in 1995 at Realty World, then bought Island View Realty.  From 1996 – 2013 I was part of the management team of Island View Realty, helping foster the growth & cultivating the trust of our clients.  Prior to that I received my…

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