$499,900
( $52.70Per Sq Foot )
 $2,684 est/mo Sourced by Back At You

200 E Division Street,Ishpeming, MI 49849

Ishpeming, MI 49849

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Description

Great investment opportunity in this large commercial/residential building in Downtown Ishpeming! This building features 3 store fronts currently occupied by the beloved Rare Earth Goods, Apiary Life Studio, and Bats Amore Used Books. There are secondary entrances in the front of the building and the back with staircases that lead to a common area space that includes 4 spacious 1 bedroom, 1 bathroom rental units. As well as 2 "dorm style" spaces (remodel potential for a fifth larger apartment out of these!) that share a private bathroom in the common area hallway. Further down the hallway you'll find a tenant-accessible wooden balcony for outdoor enjoyment steps outside of one's unit. The one-bedroom units have front entries with hallway closets, formal dining, living room, bedroom , full bathroom, and a kitchen. Some units have new appliances such as new fridge and oven. Further updates that were completed were a new high efficiency boiler, required developmental construction to the basement, previous owner replaced the windows and roof top solar panels were installed and help contribute over half of the buildings electricity needs. While there is no on-site parking, there is plenty of street parking and nearby city lots available for the winter parking for the tenants. All units besides the "dorm style" rooms are currently occupied.

Details

MLS #50190002
Listing TypeFor Sale
StyleCommercial,5 Or More Units
Sub-TypeResale
StatusActive
Year1900
Days On Site334
Listing Provided ByRE/MAX 1ST REALTY | DAWN FLORIO

Features

SQ Feet9,486
BasementY
ZoningCBD - Commerical/Business Distri
Acreage0.13

Interior

Cooling Yes / NoYes
CoolingCeiling Fan(s), Heat Pump, Wall/Window Unit(s)
Heating Yes / NoYes
HeatingBoiler, Hot Water
AppliancesGas Water Heater

Exterior

RoofRubber
Security FeaturesSmoke/Fire Alarm
Construction MaterialsBrick
Foundation DetailsBasement
Lot FeaturesMain Street, Residential Area

Parking

Parking FeaturesOff Site, Parking Lot

Utilities

UtilitiesElectricity Connected, Other, Sewer Connected, Water Connected

Other

List AorUpper Peninsula Assoc of Realtors

Area Information

StateMI
CountyMarquette
CityIshpeming
Zip Code49849
AreaIshpeming (52013)
Community NameUs Steel Corp Assrs 1
Sourced by Back At You

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Learn More About This Property

StateMI
CountyMarquette
CityIshpeming
Zip Code49849
AreaIshpeming (52013)
Community NameUs Steel Corp Assrs 1
Sourced by Back At You
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sqft: 7,000 - 11,500
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Listing Updated: August 26, 2026 at 5:56:54 PM PDT