Ely Steak House Business for Sale in Downtown Ely, MN

This listing offers a unique opportunity to acquire the business operations associated with the former Ely Steak House, a well-known establishment located in a prime downtown Ely, Minnesota location. The business historically focused on steaks, burgers, and a diverse beverage selection, benefiting from high visibility and foot traffic on the main street. While the equipment and assets are sold separately, the location presents significant potential for redevelopment into a new dining concept or other commercial ventures. The property context includes a second story with a four-unit apartment complex, though the real estate itself is not part of this sale. Reported sales were $21,000, with asking price and cash flow available upon request. This opportunity is ideal for an entrepreneur seeking a high-potential location in a busy commercial district.