141 E Chapman St

141 E Chapman St , Ely, Minnesota, 55731 | 3,000 sq.f | $ 329,000

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About This Restaurant

Investment Highlights

Executive Summary

Property Details

  • Sale Type    Investment
  • Sale Condition    Business Value Included
  • Property Type    Retail
  • Property Subtype    Storefront Retail/Residential Storefront Retail/Residential General Retail Restaurant General Retail Supermarket Storefront Retail/Residential
  • Building Size    3,000
  • Building Class    C
  • Year Built/Renovated    1910/1985
  • Price    329,000
  • Price Per SF    110
  • Business Value    150,000
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    0.98
  • Land Acres    0.07 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Restaurant
  • Accent Lighting
  • Air Conditioning

Property Taxes

Parcel Number 030001001800 Improvements Assessment $11,400
Land Assessment $81,300 Total Assessment $92,700
Date Created: 2024-07-16 04:16:20 Last Updated: 2024-07-16 04:16:20
Address: 141 E Chapman St , Ely, Minnesota, 55731