141 E Chapman St
Ely, MN 55731

Growing downtown Ely market and building ready to operate as your own. The property includes two upper-level apartments for owner occupation or for rental income. This established market, with year-over-year increases in sales, is focused on natural & organic products along with in-house deli and baked goods. Includes a large commercial kitchen, walk-in cooler, freezers & storage.
The building was once the home of Montgomery Wards where customers would order and pick up catalog items. The apartments and commercial space were renovated in recent years along with the addition of the commercial kitchen. It was run as a restaurant until 2017 when it transitioned towards the market it is today. Market and rental revenue have gone up dramatically since 2020, setting up success for the next owner/s.