200 e division
ishpeming, MI 49849
$499,900 for Sale
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ABOUT PROPERTY

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.

Square FeetSize

9486

Year Built

1900

PROPERTY DETAILS

200 e division, ishpeming, MI 49849

Overview

    Sale Price: $499,900 Size: 9,486 sq.ft. Acreage: 0.13 est. Year Built: 1900 Property Type: Commercial/Industrial Status: Active MLS#: 50190002

Location & Schools

    City: ishpeming Post Office: ishpeming

Tax, Fees & Legal

    Est. Summer Taxes: $0 Est. Winter Taxes: $0

Property Location

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200 e division
ishpeming, MI 49849


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LISTING AGENT

DAWN FLORIO

RE/MAX 1ST REALTY

906-360-0796

Office Location
RE/MAX 1ST REALTY
2854 venture drive
marquette, MI 49855


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