10-Unit Apartment Building with
For Sale
$640,000
42280 Willson Memorial Drive, Chassell, MI 49916
COMMERCIAL - Chassell, MI
Property Size8,184 SF
Lot Size1.03 Acres
Price / SF$78.20
Days on Market78
Property Features for 42280 Willson Memorial Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
13
Bathrooms
11
Full bathrooms
11
Rooms
Bathroom 1, Bathroom 6, Bedroom 10, Bathroom 10, Bedroom 7, Bedroom 4, Bedroom 8, Bathroom 2, Bedroom 3, Bathroom 7, Bedroom 11, Bathroom 11, Bedroom 9, Bathroom 8, Bedroom 13, Bathroom 4, Bedroom 1, Bedroom 12, Bedroom 5, Bathroom 9, Bedroom 6, Bedroom 2, Bathroom 3, Bathroom 5
High school district
000000
Standard status
Active
Size
8,184 SF
Lot size
1.03 Acres
Amenities
coin laundry
tenant-controlled HVAC
energy star appliances
wheelchair accessible unit
Listing Agency:
Great Lakes & Land Real Estate
(906) 228-9312
Listed By:
Timothy Keohane
(906) 228-9312
Added: May 27
Changed: Aug 11
Last Checked: Aug 12 at 7:06AM
MLS# 11793137
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Chippewa Apartments is a 10-unit apartment building set on approximately 1.03 acres with about 8,184 square feet of living space. Originally constructed in 1950 and converted from a motel into apartments between 2010 and 2011, the property offers a mix of studio, one-bedroom, and two-bedroom units. Updates include insulation, drywall, flooring, windows, roofing, boiler systems, and exterior improvements such as soffits and fascia. The building includes tenant-controlled HVAC, coin laundry, a sprinkler system, and a smoke-free environment. One unit is wheelchair accessible, supporting a broader range of tenant needs.
The property is located directly on US-41 and sits adjacent to Chassell Centennial Park, with views toward Pike Bay and Portage Lake. The setting provides direct access to outdoor recreation opportunities that are available year-round, including hiking, biking, snowmobiling, skiing, boating, kayaking, kayaking/fishing activities, and Lake Superior adventures.
With extensive parking and a documented renovation history, Chippewa Apartments offers a stabilized multifamily rental setup with a long-term residential use focus.
The property is located directly on US-41 and sits adjacent to Chassell Centennial Park, with views toward Pike Bay and Portage Lake. The setting provides direct access to outdoor recreation opportunities that are available year-round, including hiking, biking, snowmobiling, skiing, boating, kayaking, kayaking/fishing activities, and Lake Superior adventures.
With extensive parking and a documented renovation history, Chippewa Apartments offers a stabilized multifamily rental setup with a long-term residential use focus.
Key Highlights
- 10‑unit apartment building with a mix of studio, one‑bedroom, and two‑bedroom units
- Approximately 1.03 acres and 8,184 square feet of living space
- Converted from a motel into apartments between 2010 and 2011; originally constructed in 1950
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Explore this area
Business Placement
Demographics for 49916, MI
2,855
Population
1,788
Households
1.6
Avg Household Size
43
Median Age
39%
College-Educated
99%
High-School Grad
109.7 sq mi
ZIP Area
26
Density / Sq Mi
$77,000
Median Household Income
$39,591
Median Earnings
$770
Median Rent
$190,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Tenants enjoy tenant-controlled HVAC, coin laundry, and updated interiors in a smoke-free multifamily community.
Where is this apartment building located?
The property is located at 42280 Willson Memorial Drive Chassell, MI.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: 10‑unit apartment building with a mix of studio, one‑bedroom, and two‑bedroom units; Approximately 1.03 acres and 8,184 square feet of living space; Converted from a motel into apartments between 2010 and 2011; originally constructed in 1950
