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    Ishpeming, MI
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    Ishpeming, MI Apartment Buildings for Sale

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    Negaunee, MI Palmer, MI Champion, MI
    Downtown Ishpeming Mixed-Use Investment
    $499,900
    9,486 SF

    Downtown Ishpeming Mixed-Use Investment

    200 E Division St, Ishpeming, MI 49849

    Commercial/residential building with storefronts and apartments in downtown Ishpeming.

    • High‑efficiency boiler and rooftop solar panels provide significant energy savings, covering over half of the building's electricity needs.
    • Fully occupied commercial storefronts (Rare Earth Goods, Apiary Life Studio, Bats Amore Used Books) provide immediate rental income.
    • Four spacious, currently occupied, 1‑bedroom, 1‑bathroom rental units offer steady residential income.
    • Downtown Ishpeming location offers high visibility and accessibility for both commercial and residential tenants.
    • Remodel potential exists to convert two "dorm style" spaces into a fifth, larger apartment unit.
    Updated: Jan 26
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    Established Restaurant with Income Potential
    $399,900
    6,160 SF

    Established Restaurant with Income Potential

    220 S Main, Ishpeming, MI 49849

    Restaurant with apartments and retail space for sale.

    • Well‑established restaurant with great income opportunity
    • Includes 4 apartments, providing additional income streams
    • Features one additional retail space
    • Entire facade renovated in 2012 (windows, siding, doors, stonework)
    • Corner lot location
    Updated: Dec 16, 2021
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Ishpeming, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Antigo Multifamily Investment Opportunity
    $299,900

    Antigo Multifamily Investment Opportunity

    Two multifamily properties with eight units, income potential, convenient location.

    415 EDISON STREET, Antigo, WI 54409
    View details
    Antigo Investment Property For Sale
    $189,900

    Antigo Investment Property For Sale

    Well-maintained 5-unit property in Antigo with income potential.

    421 EDISON STREET, Antigo, WI 54409
    View details
    Versatile Commercial Space in Negaunee
    $200,000
    10,932 SF

    Versatile Commercial Space in Negaunee

    10,932 SF commercial/industrial space in historic downtown Negaunee.

    401 Jackson, Negaunee, MI 49866
    View details
    Turnkey Restaurant & Rental Income
    $750,000
    5,356 SF

    Turnkey Restaurant & Rental Income

    Established restaurant and bar with five rental units in Negaunee.

    305 Iron Street, Negaunee, MI 49866
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details
    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details
    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF

    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details

    Ishpeming, MI Apartment Buildings Investment Opportunities Market Analysis

    Explore 2 apartment buildings for sale in Ishpeming, MI on our real estate platform. These investment opportunities span a total of 15,646 square feet of properties for sale, with an estimated market value of $899,800.

    Sale prices for two-family homes in Ishpeming, MI start at $399,900, averaging $449,900, and reaching up to $499,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 12K
    Population Growth (5Y) -2.1%
    Median Household Income $63,425
    College Educated 16.6%

    High-Yield Neighborhoods for Strategic Investment

    Identify Ishpeming submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49849 $449.9K

    Taxes & Financing

    Tax Rate (average for all types) 4.96%
    Property Tax per SF $69.47 per sq ft
    Average Loan-to-Value 65.0%

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