Listing ID : 960248
Listed On June 3, 2026 144
Listing Updated June 3, 2026
**Over 7,000 sq ft Commercial Building**
43 E Camp Street, Ely, Minnesota
Call for details: 218-235-3962
This property is ideally located in the heart of downtown Ely and has already received full approval from the City of Ely Planning & Zoning for **cannabis retail** and **lower-potency hemp edibles**. A formal approval letter from the City is available upon request. Property is agent owned.
Significant pre-opening work has already been completed, saving any new owner months of time and expense. This includes:
– Detailed construction documents and build-out drawings
– Comprehensive market analysis and financial projections (pro formas)
– Extensive demolition and preparation in the upper suite (43 E Camp St, Suite 100) specifically designed for a modern cannabis dispensary
**Property Highlights:**
– **Upper Level (Suite 100)**: Partially demo’d and ready for dispensary build-out
– **Lower Level**: More than 3,000 sq ft with its own private entrance, large, dedicated parking lot, multiple offices of varying sizes, generous storage space, and two bathrooms. Currently configured as professional commercial space.
– **Flexible Tenants**: The two businesses occupying the lower level are willing to terminate their leases or negotiate new terms with the incoming owner.
This is a rare, shovel-ready opportunity to open a cannabis dispensary in an approved downtown location with strong foot traffic, excellent visibility, and immediate infrastructure in place.
Take advantage of all the hard work already done — step in and start building your cannabis business in Ely!
Serious inquiries only. Construction documents, financials, market study, and City approval letter available to qualified buyers.
Contact Listing Owner
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