Mixed Use Properties in Ely
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Reonomy attracts a large community of Ely commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in mixed use properties.
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Ely mixed use property sold prices and values
| Values and sold prices (last 24 months) | United States | Minnesota | Ely |
|---|---|---|---|
| Average price/sqft | -- | -- | -- |
| Average sold price | $1,422,745 | $615,740 | -- |
| Median sold price | $203,913 | $201,765 | -- |
| Number of sales | 34,913 | 469 | -- |
| Number of sales over $250k | 16,188 | 205 | -- |
| Number of sales over $1m | 5,818 | 62 | -- |
| Number of sales over $10m | 823 | 2 | -- |
| Average total tax amount | $13,089 | $14,672 | -- |
| Average assessed value | $613,175 | $458,569 | -- |
| Average market value | $851,717 | $459,942 | -- |
Ely mixed use property property averages
| Property averages | United States | Minnesota | Ely |
|---|---|---|---|
| Average lot size | 140,907 sf | 129,763 sf | -- |
| Median lot size | 8,159 sf | 14,041 sf | -- |
| Average building area | -- | -- | -- |
| Median building area | -- | -- | -- |
| Median year built | 1944 | 1955 | -- |
| Average number of units | 23 | 17 | -- |
| Median number of units | 3 | 3 | -- |
Ely mixed use property total supply
| Supply | United States | Minnesota | Ely |
|---|---|---|---|
| Number of parcels | 401,014 | 5,940 | -- |
| Aggregate lot acerage | 1,735,320 | 7,367 | -- |
| Aggregate building area | -- | -- | -- |
| Aggregate units | 3,470,213 | 5,918 | -- |
Ely mixed use property industrial mortgages
| Debt | United States | Minnesota | Ely |
|---|---|---|---|
| Number of mortgages | 678,069 | 1,968 | -- |
| Average value of mortgages | $4,859,789 | $2,474,605 | -- |
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