205 E Division Street Ishpeming, MI $ 225,000
205 E Division Street
$ 225,000
Share Save

205 E Division Street

Ishpeming, MI, 49849
$ 225,000
Baths0.0 Sq 3,737

Monthly Estimate*

$ 1,572

205 E Division Street, Ishpeming, MI 49849 - Image 1
205 E Division Street, Ishpeming, MI 49849 - Image 2
205 E Division Street, Ishpeming, MI 49849 - Image 3
205 E Division Street, Ishpeming, MI 49849 - Image 4
205 E Division Street, Ishpeming, MI 49849 - Image 5
205 E Division Street, Ishpeming, MI 49849 - Image 6
205 E Division Street, Ishpeming, MI 49849 - Image 7
205 E Division Street, Ishpeming, MI 49849 - Image 8
205 E Division Street, Ishpeming, MI 49849 - Image 9
205 E Division Street, Ishpeming, MI 49849 - Image 10
205 E Division Street, Ishpeming, MI 49849 - Image 11
205 E Division Street, Ishpeming, MI 49849 - Image 12
205 E Division Street, Ishpeming, MI 49849 - Image 13
205 E Division Street, Ishpeming, MI 49849 - Image 14
205 E Division Street, Ishpeming, MI 49849 - Image 15
205 E Division Street, Ishpeming, MI 49849 - Image 16
205 E Division Street, Ishpeming, MI 49849 - Image 17
205 E Division Street, Ishpeming, MI 49849 - Image 18
205 E Division Street, Ishpeming, MI 49849 - Image 19
205 E Division Street, Ishpeming, MI 49849 - Image 20
205 E Division Street, Ishpeming, MI 49849 - Image 21
205 E Division Street, Ishpeming, MI 49849 - Image 22
205 E Division Street, Ishpeming, MI 49849 - Image 23
205 E Division Street, Ishpeming, MI 49849 - Image 24
205 E Division Street, Ishpeming, MI 49849 - Image 25
205 E Division Street, Ishpeming, MI 49849 - Image 26
205 E Division Street, Ishpeming, MI 49849 - Image 27
205 E Division Street, Ishpeming, MI 49849 - Image 28
205 E Division Street, Ishpeming, MI 49849 - Image 29
205 E Division Street, Ishpeming, MI 49849 - Image 30
205 E Division Street, Ishpeming, MI 49849 - Image 31
205 E Division Street, Ishpeming, MI 49849 - Image 32
205 E Division Street, Ishpeming, MI 49849 - Image 33
205 E Division Street, Ishpeming, MI 49849 - Image 34
205 E Division Street, Ishpeming, MI 49849 - Image 35
205 E Division Street, Ishpeming, MI 49849 - Image 36
205 E Division Street, Ishpeming, MI 49849 - Image 37
205 E Division Street, Ishpeming, MI 49849 - Image 38
205 E Division Street, Ishpeming, MI 49849 - Image 39
Studio

Commercial Property for sale in Ishpeming, MI

for $225,000. This 3,737 square foot building was built on a lot size of 0.24.

Great business opportunity with Business and residential income. It is located on three city lots and has a spacious outdoor area with a liquor license for outdoor service. The bar area is equipped with a stage for live music, a microphone and speaker system, security system, several TV screens and pool tables, including one for tournaments. The bar also has a kitchen and two restrooms for customers. In addition, there is a rental unit upstairs with three bedrooms, one bathroom, a living room, and an eat-in kitchen. The full basement serves as storage for liquor room, kegs and ice machine. The electrical and plumbing systems have been updated, as well as new lighting, newer roof and the parking lot has been newly paved. The liquor license includes Sunday sales, entertainment, package sales, a food handler license and lottery. This is a great chance to own a profitable and well-maintained property in Ishpeming.

See more

Commercial Active

Price

$ 225,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,781

Style

Commercial/Industrial

Lot Size

0.24

Town/City

Ishpeming

County/Region

Marquette

MLS | Web ID

50130709

Features
General
Heating Boiler
Cooling Dual/Zoned
Roof Rubber
Zoning CBD - Commercial Business District Commercial
Water Public Water
Status Active Active
Year Built 0
Parking 21+ Spaces
Subdivision Original City Of Ishpeming MI
Water Heater Gas
County Marquette
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Type Bar/Tavern
Business Name Royal Pub
Percent Ownership LLC
Municipality Ishpeming
Commercial Features Living Quarters Restroom(s) Security Syetem Owned Sidewalks Wood Floors
Area Ishpeming (52013)
Primary City Ishpeming
Location Main Street
Directions US41 W South on Lakeshore Drive straight to Division Property on the Left.
City Ishpeming
Street Name Division
Financial Terms Cash Commercial Loan
Legal Description ORIGINAL PLAT CITY OF ISHPEMING LOT 56 LOT 57 & 6' 3 OF ALLEY ADJACENT TO LOT 57 N. 38' OF LOT 55 S. 62' OF LOT 55.
DOM 147
Postal Code 49849
Price Per Sq Ft 60.21
Coming Soon
See more
Exterior
Exterior Metal Stone Vinyl Siding
Frontage 105
Lot Size Area 0.24
Lot Dimensions 105x100
Water Features None
Roads City/County
Waterfront Y/N No
See more
Interior
Fuel Type Natural Gas
See more
* Excluded Features
List By
FRAN SEVEGNEY

Listing Agent

Re/Max 1St Realty

Broker

fran7e@gmail.com

Email

Affordability Calculator

$1,720
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,572
Monthly Property Taxes
$148
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2024$225,000 -7.98% Price Down
1/3/2024$244,500 Listed Price

Map


See all

205 E Division Street, Ishpeming, MI, 49849 is a Commercial Property for sale at $225,000 with 3,737 sqft and a lot size of 0.24. 205 E Division Street is a studio with 0.0 baths. The property's zip code is 49849 which is in Ishpeming, MI