Sold for $365,000 on 12/08/23
$365,000
343 E Sheridan St, Ely, MN 55731
2beds
2,456sqft
SingleFamily
Built in 1900
6,250 Square Feet Lot
$375,900 Zestimate®
$149/sqft
$2,435 Estimated rent
Home value
$375,900
$353,000 - $398,000
$2,435/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
[MORE PHOTOS COMING SOON!] The newly remodeled Front Porch is an iconic coffee shop in charming Ely, Minnesota. Highlighted by its a large wrap-around 410 sf dining deck as well as over 1000 sf of retail and dining space indoors, it is truly one-of-a-kind in the heart of Ely.
The main building features 1500 sf and encompasses a well-equipped kitchen, a generous barista / service / counter area, a dedicated retail nook, a private meeting room with French doors, two public restrooms (one handicap accessible), and a large dining room with a corner (gas) fireplace. Steps down from the kitchen hallway lead to shelved and well-lit 225 sf basement storage area. The rear entrance and a small side deck both lead to a lovely covered patio offering an additional 310 sf dining area with built-in benchwork. The detached garage behind the property also features plenty of additional open storage space as well as an insulated 110 sf fridge/freezer room plus a heated 100 sf upstairs office with two large windows that overlook the main building. The back driveway also has two large parking spots, currently in use as an owner/renter spot as well as a dedicated handicap parking spot for customers with a wheelchair-accessible rear entrance.
But that's not all..! For use by future owners (or as a rental/B&B for an additional stream of income), steps from the rear of the main building lead up to a private sitting and BBQ deck and a very nice 575 sf apartment. This 2nd-floor apartment has two oversized living room windows, a private bedroom, a walk-in closet, as well as a kitchen with eating nook and 3/4 bath, and has updated fixtures and lighting throughout.
Between the one-of-a-kind wrap-around sitting deck in front and the delightful covered patio in the rear, the expansive main floor with its new cabin-in-the-woods look, multiple storage areas, a private office, as well as the upstairs private deck and dedicated owner’s / rental / B&B apartment, the Front Porch encompasses over 3100 sf of indoor and outdoor living, dining, and commercial retail space to make your "up north" dream come true!
AVAILABLE NOW (WHILE RENOVATION CONTINUES) FOR ONLY $375,000, OR TURNKEY-READY AT $395,000 LATER THIS FALL..!
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- 3/4 bathrooms: 1
- 1/2 bathrooms: 2
Heating
- Baseboard, Other, Radiant, Electric, Propane / Butane
Cooling
- Other
Appliances
- Included: Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Softwood, Tile, Concrete, Hardwood, Linoleum / Vinyl
- Basement: Partially finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,456 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached, Off-street
Features
- Exterior features: Wood
- Has view: Yes
- View description: City
Lot
- Size: 6,250 sqft
Details
- Parcel number: 030037000910
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood
- Roof: Asphalt
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Ely
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2023 | Sold | $365,000-2.7%$149/sqft |
Source: Public Record | ||
| 9/4/2023 | Price change | $375,000+2.7%$153/sqft |
Source: Owner | ||
| 8/16/2023 | Listed for sale | $365,000+42.9%$149/sqft |
Source: Owner | ||
| 4/7/2022 | Sold | $255,500+39.2%$104/sqft |
Source: Public Record | ||
| 2/5/2007 | Sold | $183,500+190.3%$75/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,568 +32.1% | $232,900 +13.6% |
| 2023 | $3,458 -3.8% | $205,100 +46.2% |
| 2022 | $3,594 +0.6% | $140,300 |
Find assessor info on the county website
Neighborhood: 55731
Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 6/10Memorial Middle SchoolGrades: 6-8Distance: 0.3 mi
- 9/10Memorial SecondaryGrades: 9-12Distance: 0.3 mi

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