
Leines Hotel Advisors, Inc.
13253 Kerry Lane
Eden Prairie, MN 55346
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P 952-405-9370
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Properties for Sale
Northwoods Inn & Suites | Ely, Minnesota
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Property SummaryLocation 1605 East Sheridan St, Ely, MN, 55731 Price $1,845,000 Rooms 30 Price Per Key $61,500 Revenue $518K in 2024 |
Leines Hotel Advisors, Inc is pleased to present on an exclusive basis the
Northwoods Inn & Suites of Ely, Minnesota
The Northwoods Inn & Suites of Ely, Minnesota is a rare asset that has been well maintained. It is a high-performing hotel in northern Minnesota’s premier tourist destination on the doorstep of the Boundary Waters Canoe Area.
The current owner has cultivated a strong reputation for exceptional customer service, resulting in approximately 80% of bookings coming from repeat customers.
The Property
Built in 1995, this 30-room property includes 25 double queen rooms, one standard single queen, two handicap-accessible singles, one suite with a kitchenette and futon, and one queen suite featuring a whirlpool tub. All rooms have been recently upgraded, with new carpets installed in 2019 throughout the rooms and hallways. Guests enjoy a clean, welcoming breakfast area and a property that reflects consistent maintenance and pride of ownership.
The Location
Ely, often referred to as the “Gateway to the Boundary Waters,” is a year-round destination known for its natural beauty, world-class canoeing, hiking, fishing, and attractions like the International Wolf Center and North American Bear Center. With its strong repeat clientele, upgraded amenities, and ideal location in a thriving tourism market, Northwoods Inn & Suites is an outstanding turnkey opportunity for an investor or owner-operator seeking a stable and profitable hospitality asset.
Investment Highlights
- 30 Rooms
- All new carpets in rooms & hallways installed in 2019
- Managers Apartment with spacious downstairs kitchen & family area
- Microwaves and Fridges in all rooms
- Newer HVAC’s in 25 rooms
- Hotel built in 1995
More Details
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For more information call or email Leines Hotel Advisors, Inc.
Call 952-405-9370 or email Abe Semere at: Leines Hotel Advisors, Inc.

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