27
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$499,900
Est. payment /mo
9,486 SqFt
Active
200 E Division Street Ishpeming, MI 49849
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 9,486 sqft
Price per Sqft $52
Subdivision Mi
MLS Listing ID 50190002
Year Built 1900
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 55x100
Property Sub-Type Commercial/Industrial
Property 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.
Location
State MI
County Marquette
Area Ishpeming (52013)
Zoning Mixed Use,Commercial,Residential
Interior
Heating Boiler, Hot Water
Cooling Ceiling Fan(s), Heat Pump(s), Wall/Window A/C
Exterior
Parking Features Off Site, Parking Lot
Roof Type Rubber
Building
Foundation Basement
Water Public Water
Structure Type Brick
Others
Ownership LLC
SqFt Source Assessors Data
Energy Description Natural Gas
Financing Cash,Commercial Loan
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX 1ST REALTY
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