121/123 E Division Street Ishpeming, MI $ 385,000
121/123 E Division Street
$ 385,000
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121/123 E Division Street

Ishpeming, MI, 49841
$ 385,000
Bedrooms-- Baths-- Sq 7,000

Monthly Estimate*

$ 2,659

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Commercial Property for sale in Ishpeming, MI

for $385,000. This 7,000 square foot building was built in 1900 on a lot size of 0.08.

Opportunity awaits with this substantial 7000 sq ft mixed use building offering a great combination of commercial and residential space! The main level features three separate commercial storefronts, all currently vacant and ready for new businesses or tenants. Each space offers large street facing display windows that fill the interiors with natural light while providing excellent visibility and exposure to passing traffic. Upstairs you'll find four apartments, offering built-in income potential. One apartment is currently vacant and awaiting new flooring, giving the next owner an opportunity to make updates before welcoming a new tenant. Ask your agent for rental income info. A full and dry Michigan basement provides an impressive amount of additional storage, a workshop, hobbies, or other uses. Outside, take a moment to appreciate the interesting architectural details along the second story that add character and hint at the buildings history. There is no onsite parking, however, public parking lots are located nearby and provide convenient winter parking options. Owned by the same owner for 34 years, this property presents an exciting opportunity for an investor, entrepreneur, or owner looking for a building where commercial and residential uses come together under one roof. Motivated seller.

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Commercial Active

Price

$ 385,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial/Industrial

Lot Size

0.08

Year Built

1900

Town/City

Ishpeming

County/Region

Marquette

MLS | Web ID

50223475

Features
General
Heating Boiler Steam
Cooling Ceiling Fan(s) Window Unit(s)
Roof Rubber
Zoning CBD Central Business District Commercial
Water Public Water
Status Active Active
Year Built 1900
Parking Municipal Off Site
Water Heater Gas
County Marquette
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Type 4 apts 3 comm spaces
Ownership Trust
Municipality Ishpeming
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Commercial Features Alley Cable TV Available Carpet Concrete Floor Display Window Electric Available Meeting Rooms No Loading Facility Private Restrooms Reception Area Showroom Sidewalks Unfinished Floor
Area Ishpeming (52013)
Primary City GWINN
Location Corner Lot Main Street
Directions From Marquette head west on US 41 towards Ishpeming. Go left on Lakeshore Dr and follow to Division St. Head E on Division. Building is on your left.
City Ishpeming
Financial Terms Cash Commercial Loan
Legal Description Original Plat City of Ishpeming Lot 51
DOM 12
Postal Code 49841
Price Per Sq Ft Total AG 55
Public Remarks Opportunity awaits with this substantial 7000 sq ft mixed use building offering a great combination of commercial and residential space! The main level features three separate commercial storefronts
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Exterior
Exterior Brick Concrete Stone Wood
Frontage 33
Body of Water none
Lot Size Area 0.08
Lot Dimensions 33x90
Water Features None
Roads City/County Curbed Paved Street Year Round
Waterfront Y/N No
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Interior
Ceiling Height Less than 16 Ft.
Fuel Type Natural Gas
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* Excluded Features
List By
KRISTINE GOUPILLE

Listing Agent

Re/Max 1St Realty

Broker

kgoupille@kristinegoupille.com

Email

Affordability Calculator

$2,659
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,659
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
9/30/2026$385,000 Listed Price

Map


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121/123 E Division Street, Ishpeming, MI, 49841 is a Commercial Property for sale at $385,000 with 7,000 sqft and a lot size of 0.08. 121/123 E Division Street was built in 1900. The property's zip code is 49841 which is in Ishpeming, MI