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    304 S Sophie St Bessemer, MI 49911

    For Sale
    $109,900

    1 to 4 Units,Historic,Investment - Bessemer, MI

    Property size:
    4,320 SF
    Lot size:
    0.07 Acres
    Days on Market:
    173
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 304 S Sophie St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    2751-00-103-000
    Interior features
    Alley, Bath, Carpet, Internet Available, Meeting Rooms, Reception Area, Restroom(s)
    Exterior features
    Alley
    Size
    4,320 SF
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Hot Water (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Flooring type
    Carpet
    Architectural style
    Other

    Zak's Realty Inc (906) 932-2688 [email protected]

    Listing agent NANCY ZAK (906) 932-2688 License #6501351668

    Listing date Jun 24, 2025

    MLS# 50146519 Listing URL

    Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Building in Downtown Bessemer

    This two-story historic building, located in downtown Bessemer, Michigan, presents a business opportunity with original charm and character. The entry features a stone arched design, a large custom wood door, and a circle top window. The front reception area includes original leaded glass windows and a fireplace. The main level offers a large open room with high beamed, tray ceilings, crown molding, and mid-century modern design elements, along with a couple of extra rooms. The upstairs area could be converted into a large apartment or an art gallery. The basement includes a sitting area and another fireplace. The property is situated on a lot of 0.07 acres and the building size is 4,320 square feet. This commercial property is located in Gogebic County. The building is suitable for investment and retail purposes, offering potential for revitalization of downtown Bessemer. The property is zoned for commercial use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Frick-Zielinski Funeral Home Funeral Home

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bessemer
    County
    Gogebic
    State
    Michigan
    Longitude
    -90.050805898148
    Latitude
    46.47911594041

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      Historic Bessemer Business Opportunity

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    FAQs

    What type of property is this?
    Investment property - Charming, two-story historic building in downtown Bessemer, Michigan.
    Where is this investment property located?
    The property is located at 304 S Sophie St Bessemer, MI.
    What is the asking price?
    The asking price for this property is $109,900.
    What are key features of this property?
    This property features: - Historic building in downtown Bessemer, MI, offering a unique business opportunity.; - Original features include **leaded glass windows, stone arched entry, and large custom wood door.**; - **Large open room with high beamed, tray ceilings, crown molding, and Mid Century Modern design elements.**
    (906) 932-2688
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    304 S Sophie St Bessemer, MI 49911
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