LakePlace.com® The Lakeshore Sales Specialists      Sellers ▶ List With Us      Realtors ▶ Learn More

MLS # 5291127 - $720,000

60 W Lakeview Pl - Ely, MN 55731 - Shagawa Lake

Description Details Map Calculator Contact Us
Print   Save
Share this page with your friends!

Web Address For This Page:

https://lakeplace.com/listing/northstar/5291127

Property Description

$720,000  |  MLS # 5291127  |  60 W Lakeview Pl - Ely, MN 55731

WOW! BLUE-SKY AWAITS YOU IN BOTH THE BUSINESS AND THE AMAZING VIEWS FROM THE DECK, RESTAURANT, CABINS AND RV / CAMPGROUNDS ON THE SHORES OF GORGEOUS SHAGAWA LAKE IN ELY! THIS YEAR ROUND BUSINESS FEATURES INDOOR SEATING AND OUTDOOR DECK SEATING, AS WELL AS FIRESIDE DINING FOR OVER 100 PEOPLE. RUSTIC SEATING LEADS TO THE AMBIANCE AND ATMOSPHERE OF THE TRUE UP NORTH FEEL. AMAZING OPPORTUNITY FOR THAT GO-GETTER THAT'S LOOKING FOR RESORT LIFE IN ELY! FULL SERVICE RESTAURANT WITH BAR SERVICE, 4 ONE (1) BEDROOM LOG CABIN RENTALS, 6 RV SITES WITH ELECTRIC SERVICE, 5 TENT CAMPING SITES TUCKED IN THE WOODS ON 3+ ACRES. 72 FEET OF DOCK SPACE WITH ENOUGH ROOM FOR 15-16 BOATS, 278 FT OF SANDY SOFT BEACH. BAIT AND TACKLE GIFT SHOP, OFFICE SPACE &/OR LIVING QUARTERS, AND 20 YEARS OF SOLID 20 YEARS OF PROFITABLE BUSINESS, WITH PLENTY OF ROOM FOR EXPANSION OF SERVICES AND FEATURES. SKY IS THE LIMIT CABINS INCLUDED BOAT RENTAL AND WIFI/SATELLITE. WEBSITE AND TRADEMARKS INCLUDED.

Property Details

$720,000  |  MLS # 5291127  |  60 W Lakeview Pl - Ely, MN 55731

Class: CMU
Acres: 0.214
Lot Size Dimensions: 175x220
Lot Description: Irregular Lot
Waterfront Type: Lake Front
Waterfront Name: Shagawa Lake
Waterfront Feet: 175
Garage Stalls: 1
Garage Description: Detached Garage
Additional Parking: 20
Exterior Type: Log Siding
Roof Type: Asphalt Shingles
Fuel Type: Propane
Heating Description: Forced Air
Sewer: City Sewer/Connected
Water: City Water/Connected
Handicap Access: Wheelchair Ramp
Courtesy Listing: Zup North Realty, Inc

Additional Details

County Name: St. Louis
Tax Year: 2019
Taxes: $3,055
Body of Water Name: Shagawa Lake
Zoning: Business/Commercial
Year Built: 1959
School District: 696 - Ely
School District Phone: 218-365-6166
Lender Owned: No

Approximate Location

$720,000  |  MLS # 5291127  |  60 W Lakeview Pl - Ely, MN 55731

Payment Calculator

$720,000  |  MLS # 5291127  | 

Mortgage Information
Loan Amount •
Interest Rate
Number of Years
Monthly Payment

Contact Us

Re: $720,000  |  MLS # 5291127  |  60 W Lakeview Pl - Ely, MN 55731

Your Contact Information
First Name •
Last Name •
Email Address •
Phone Number
Comments or Questions

Broker Reciprocity Member LakePlace.com participates in Regional Multiple Listing Service of Minnesota, Inc. Broker Reciprocity (sm) program, allowing us to display other broker's listings on our website. Information Deemed reliable but not guaranteed. Information is being provided for consumer's personal, non-commercial use.

©2019 LakePlace.com. All information should be verified. LakePlace.com shall not be responsible or liable for any typographical errors, mapping errors, misinformation, or misprints. All properties are subject to prior sale, change or withdrawal.

  • We're Here To Help!

  • Ask us a Question
  • get our expert advice

  • Call Our Local Office

  • 218-940-6353

  • Mon-Fri 9am-5pm. Sat 9am-3pm

  • ybc-2018-05-02.jpg
    Related Real Estate Listings
    Minnesota Lake Properties
    9,239 Lake Property Listings in Minnesota
    Northeastern MN Lake Properties
    1,059 Northeastern Minnesota Listings
    St. Louis County Lake Properties
    832 Listings in St. Louis County Minnesota
    Ely MN Lake Properties
    224 Listings in Ely Minnesota
    Shagawa Lake Properties
    37 Shagawa Lake Listings

    Wisconsin & Minnesota lake property, cabin rentals & resorts

    Copyright ©2019 LakePlace.com® All Rights Reserved

    All information deemed reliable but not guaranteed and should be independently verified.

    LakePlace.com shall not be responsible or liable for any typographical errors, mapping errors, misinformation, or misprints.

    All properties are subject to prior sale, change or withdrawal. 198.20.88.186 34.204.189.171Member Login