308 Cleveland Avenue Ishpeming, MI $ 1,070,000
308 Cleveland Avenue
$ 1,070,000
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308 Cleveland Avenue

Ishpeming, MI, 49849
$ 1,070,000
Bedrooms-- Baths-- Sq 72,000

Monthly Estimate*

$ 6,675

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Commercial Property for sale in Ishpeming, MI

for $1,070,000. This 72,000 square foot building was built in 1888 on a lot size of 0.3.

Historic Mixed-Use Gem for Sale: The Gossard Building (Pioneer Square), Ishpeming, Michigan. An iconic landmark in downtown Ishpeming, the Gossard Building (also known as Pioneer Square) offers a rare opportunity: a four-story, solid brick structure, steeped in history, yet primed for vibrant, modern reuse. Listed on the National Register of Historic Places, this building merges original character with versatile commercial potential. Historic pedigree: Built in 1888 and expanded/renovated in 1903-04, with additions over the decades. Known for its origins as a dry goods/general store, later for manufacturing (corsets/brassieres), now hosting a myriad of different businesses. Architectural character: The facade spans approximately 150 ft along Cleveland Avenue, divided into six bays, trimmed with rock-face sandstone belt courses and raised piers. Many original details remain: pressed metal ornamentation on ceilings/walls, large windows, maple floors. Mixed-use layout: First floor: Retail / shop / mall space, ideal for storefront businesses. Second & third floors: Flexible office leasing spaces of various sizes. Fourth floor: Mostly unused—storage space with potential for redevelopment. Structural & aesthetic integrity: Thick brick firewall divides the east / west sections; original maple flooring; sturdy foundation; strong “bones” with architectural details for those passionate about preservation. Activate the under-utilized fourth floor: convert to lofts, more offices, or creative spaces. Expand retail/on-site food & beverage uses on the street level to draw foot traffic. Leverage the historic designation to access tax credits, grants, or incentives for restoration. Utilize its central location in downtown for cultural, artisan, or service-oriented businesses. Why This Building Matters: It’s not just real estate — it’s a piece of Ishpeming’s story: built by Norwegian immigrant Frederick Braastad, serving the community in multiple roles (store, manufacturing, community hub). Its prominent location and size make it a landmark. Any occupant will benefit from recognition and visibility. Sale includes 317 E Pearl vacant lot Parcel ID# 52-51-300-079-00 a 35x95 lot and 313 E Pearl St. A duplex with 2,726 sq. ft of living space that includes 3 commodious bedrooms, 1 1/2 baths on both sides. 315 side had a remodel in 2022 of the kitchen and upstairs bathroom, new cabinets and counter tops, dishwasher, new vinyl chic flooring. There is no washer and dryer but hookups available. In addition, 313 side had the water heater replaced in 2024. Both sides are currently occupied with leases. The information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied as to the accuracy of the information. References to square footage, lot size/dimensions, and age are approximate. Buyer must verify the information and bear all risk for inaccuracies. Taxes are not zero and may change upon sale.

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Commercial Active

Price

$ 1,070,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial/Industrial

Lot Size

0.3

Year Built

1888

Town/City

Ishpeming

County/Region

Marquette

MLS | Web ID

50190059

Features
General
Heating Boiler Hot Water
Cooling Ceiling Fan(s) Partial
Roof Flat
Zoning CBD Commercial Business District. Commercial
Water Public Water
Status Active Active
Year Built 1888
Parking 6-10 Spaces Off Street Parking Lot
Subdivision Original City Of Ishpeming MI
County Marquette
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership LLC
Municipality Ishpeming
Sale/Rent For Sale
Status Detail 0
Commercial Features 3 Phase Power Additional Bldg(s) Carpet Internet Available Electric Available Elevator(s) Freight Elevator(s) Interior Sprinkler Living Quarters Loading Dock(s) Meeting Rooms Network Wiring Installed
Area Ishpeming (52013)
Primary City Ishpeming
Directions US 41 W to Ishpeming at the roundabout take the 3rd Street exit to Cleveland Avenue.
City Ishpeming
Financial Terms Cash Commercial Loan
Legal Description ORIGINAL PLAT CITY OF ISHPEMING LOTS 105 106 107 AND VACATED ALLEY ALONG E. LINE OF SAID LOTS
DOM 77
Postal Code 49849
Price Per Sq Ft Total AG 14.86
Public Remarks Historic Mixed-Use Gem for Sale: The Gossard Building (Pioneer Square) Ishpeming Michigan. An iconic landmark in downtown Ishpeming
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Exterior
Exterior Brick Stone
Frontage 138
Lot Size Area 0.3
Lot Dimensions 138 x irregular
Water Features None
Roads City/County Paved Street Year Round
Waterfront Y/N No
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Interior
Ceiling Height 16-20 Feet Greater than 20 Ft. Less than 16 Ft.
Fuel Type Natural Gas
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* Excluded Features
List By
FRAN SEVEGNEY

Listing Agent

Re/Max 1St Realty

Broker

fran7e@gmail.com

Email

Affordability Calculator

$6,675
Per Month
100%
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Monthly Principal & Interest
$6,675
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2025$1,070,000 Listed Price

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308 Cleveland Avenue, Ishpeming, MI, 49849 is a Commercial Property for sale at $1,070,000 with 72,000 sqft and a lot size of 0.3. 308 Cleveland Avenue was built in 1888. The property's zip code is 49849 which is in Ishpeming, MI