246 E. Sheridan St.

244 E Sheridan St
Ely, MN 55731

Seeking restaurant/cafe tenant to accommodate and collaborate with the State Theater
Under Renovation - Now Leasing


3100 sq.ft.

Sq.Ft. $/mo
Under Renovation - Now Leasing 3100 2750

Get to know 246 E. Sheridan St.

The State Theater was built in 1936 and was owned by the Swanson family in Ely. Its designer was a noted architecture firm called Liebenberg & Kaplan, who had designed many theaters in Minnesota and other northern states. Our goal with this historic building is to work with the State of Minnesota and the U.S. Department of Interior Guidelines to restore the exterior and interior to its original condition. Parts of the complex could be open as soon as the summer of 2017.

We will be working with consultants to create a multi-purpose independent theater that will show films and also have the capability of accommodating musical events and possibly live theater. By incorporating the adjacent Salerno Building to the east, this independent theater operation can house an additional but smaller screening room for smaller audiences, as well as a spacious casual food/concessions component and social area that will accommodate customers before, during, and after movie screenings.

On the second floor of the two buildings, there will be several up to date office/business incubation spaces. The plans also include reconditioning the iconic State Theater marquee as a reminder of all the social and entertainment experiences the people of Ely have encountered for almost 80 years.

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