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    304 Sophie St Bessemer, MI 49911

    For Sale
    $120,000

    Charming 2-story building, 4,320 sq ft.

    Property size:
    4,320 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 4,320 square foot, two-story industrial building located at 304 S Sophie Street in Bessemer, Michigan, presents a unique business opportunity. Situated on a 0.07-acre lot in the heart of downtown Bessemer, this historic building is brimming with character and charm. The striking entrance features a stone arched entryway, a large custom wood door, and a distinctive circle-top window. The main level boasts a spacious reception area with original leaded glass windows and a fireplace, adding to its historical appeal. A large open room with high beamed, tray ceilings, beautiful crown molding, and Mid-Century Modern design elements provides ample space for various business uses. Several additional rooms are also located on the main floor. The upper level offers significant potential, adaptable to a large apartment, art gallery, or other creative uses. The basement includes a comfortable sitting area and a second fireplace, adding to the building's versatility. This property offers a chance to be part of the ongoing revitalization of downtown Bessemer, bringing new life and business to this beautiful and historically significant building. The asking price is $120,000.

    Property Features for 304 Sophie St

    General Information

    Property type
    Industrial properties
    Square Feet
    4,320 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1900
    Property Profile 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
    -90.05088
    Latitude
    46.47908

    Nearby Comparable

    • $109,900
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      Historic Building in Downtown Bessemer

      Charming, two-story historic building in downtown Bessemer, Michigan.
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      Bessemer Industrial Space - Huge Potential

      Downtown Bessemer, 2660 sq ft, .18 acre lot
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      Bessemer Industrial Gem: 19,716 SF

      Versatile multi-use industrial building, high visibility, great location.
      200 Lead St, Bessemer, MI 49911
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    • $595,000
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      Full Log Home with Acreage

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      5964 E Us 2, Bessemer, MI 49938
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    Nearby Similar for Sale

    • $595,000
      7,294 SF

      Full Log Home with Acreage

      7000+ sq ft log home with rental income potential.
      5964 E Us 2, Bessemer, MI 49938
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    • $109,900
      4,320 SF

      Historic Building in Downtown Bessemer

      Charming, two-story historic building in downtown Bessemer, Michigan.
      304 S Sophie St, Bessemer, MI 49911
      View Details
    • Contact for pricing
      2,660 SF

      Bessemer Industrial Space - Huge Potential

      Downtown Bessemer, 2660 sq ft, .18 acre lot
      400 Moore St, Bessemer, MI 49911
      View Details
    • $449,000
      19,716 SF

      Bessemer Industrial Gem: 19,716 SF

      Versatile multi-use industrial building, high visibility, great location.
      200 Lead St, Bessemer, MI 49911
      View Details

    FAQs

    What type of property is this?
    Industrial property - Charming 2-story building, 4,320 sq ft.
    Where is this industrial property located?
    The property is located at 304 Sophie St Bessemer, MI.
    What is the asking price?
    The asking price for this property is $120,000.
    (906) 932-2688
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    304 Sophie St Bessemer, MI 49911
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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 Sophie St Bessemer, MI 49911
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