NO MAJOR UPGRADES REQUIRED TO REOPEN & LOTS OF ROOM TO BUILD YOUR OWN CONDOS. Solid Updated Bldg, Prime Location VISIBLE FROM THE BRIDGE IN TOWER W/THOSE GOING TO ELY & THE BOUNDARY WATERS PASSING BY EVERY DAY. Also property just steps away from only downtown docking on Lake Vermilion. 8400 SF 3-story solid concrete bldg w/living quarters, hwy & river frontage. Originally ice house for Iron Range Brewing Assc, bomb shelter in the 60s & recently home to the Iron Ore Bar. Updated electrical, newer rubber roof. Cosmetic mortar veneer chipping but building solid. Incredible potential for brewpub w/riverside deck & shops or lodging. 1.34 acres on river offers room for more buildings & parking. Call today for more info!