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A truly special commercial opportunity in the heart of Ely. This highly visible, centrally located property offers a warm and welcoming setting that has been thoughtfully cared for and has provided a space for community engagement and philanthropy. Currently operating as a restaurant with a full commercial kitchen, the property is well-suited for continued use as a dining establishment or could be reimagined for a variety of retail, hospitality, or other commercial ventures. The Northwoods-inspired building is full of character, featuring attractive half-log siding, a beautiful fireplace, and a charming open-concept interior that immediately makes visitors feel at home. The tasteful finishes, inviting atmosphere, and flexible layout create a memorable space with excellent potential. There is also the possibility for on-site owner quarters or rental income, adding even more value and versatility. Outside, the expansive deck is surrounded by beautiful landscaping and seasonal flowers, offering a lovely outdoor seating area and a wonderful place for guests to gather and enjoy the Ely experience. With good parking options, convenient customer access, and strong visibility, this property stands out as a rare opportunity to own a beloved commercial space in one of Ely's most recognizable and welcoming locations.

Property Details of 955 E Sheridan Street

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Listed by Kate Davies of Bear Island Realty LLC (***)

Listings courtesy of Lake Superior Area REALTORS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 5, 2026 7:08 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

 
 

 

 

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