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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
    Updated: Jan 26
    Downtown Ishpeming Mixed-Use Investment

    200 E Division St, Ishpeming, MI 49849

    $499,900
    9,486 sqft
    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.
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    Established Restaurant with Income Potential
    Updated: Dec 16, 2021
    Established Restaurant with Income Potential

    220 S Main, Ishpeming, MI 49849

    $399,900
    6,160 sqft
    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
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Multifamily Property Near Portage Lake
    Multifamily Property Near Portage Lake

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft · 1.03 AC lot

    Multifamily property with 10 units near outdoor recreation.

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    10-Unit Multifamily Apartment Building
    10-Unit Multifamily Apartment Building

    42280 Willson Memorial Drive, Chassell, MI 49916

    $640,000
    8,184 sqft · 1.03 AC lot

    A renovated, smoke-free 10-unit apartment property with coin laundry, tenant-controlled HVAC, and extensive parking.

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    Marquette 5-Plex Income Opportunity
    Marquette 5-Plex Income Opportunity

    421 N Front Street, Marquette, MI 49855

    $525,000
    4,258 sqft · 0.17 AC lot

    Five-unit apartment building near downtown Marquette.

    View details
    Luxury Waterfront Condominium Residences
    Luxury Waterfront Condominium Residences

    2401 N Lakeshore Blvd, Marquette, MI 49855

    Contact for pricing
    2,095 sqft

    Exclusive condominium development on Lake Superior with modern interiors.

    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
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

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

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Brooklyn Two-Family Home with Development Potential
    Brooklyn Two-Family Home with Development Potential

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    2,660 sqft · 0.10 AC lot

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

    View details

    Ishpeming, MI Apartment Buildings Market Trends and Statistics

    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 Investment

    Identify Ishpeming submarkets with the highest inventory density on the market and evaluate the average 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 SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marquette County

    New Delisted

    Total CRE Inventory on Market (SF)

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