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    1120 Country Ln Ishpeming, MI 49849

    Sponsored
    For Sale
    $399,900

    Spacious building, ideal for diverse uses

    Property size:
    11,170 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This expansive 11,170 square foot commercial building presents a unique investment opportunity in Ishpeming, MI's vibrant Country Village Business District. Strategically located next to Ace Hardware and Shopko, this property enjoys high visibility and convenient access to a multitude of amenities. Within easy walking distance are hotels, restaurants, a Shell gas station, and other thriving businesses, ensuring a steady flow of potential customers. Originally a movie theater, the building's adaptable layout offers significant potential for a variety of commercial ventures. Imagine transforming this space into a bustling retail center, modern office complex, or a dynamic blend of both. The existing second-story office space provides a ready-made solution for immediate occupancy, while the large ground floor offers ample room for customization. A substantial parking lot ensures convenient parking for employees and customers alike. The property sits on a 0.8-acre lot, providing ample space for expansion or outdoor amenities. This is a rare chance to acquire a well-positioned, versatile commercial property in a thriving business district. The asking price is $399,900. Don't miss this exceptional opportunity to establish your business in a prime location.

    Property Features for 1120 Country Ln

    General Information

    Property type
    Industrial properties
    Square Feet
    11,170 SF
    Lot Size
    34,848 SF

    Building Details

    Year Built
    1998
    Property Profile Location Intelligence

    Current Use by Public Records

    Country Village RV ... Campground

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Ishpeming
    County
    Marquette
    State
    Michigan
    Longitude
    -87.67896
    Latitude
    46.50108

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    FAQs

    What type of property is this?
    Industrial property - Spacious building, ideal for diverse uses
    Where is this industrial property located?
    The property is located at 1120 Country Ln Ishpeming, MI.
    What is the asking price?
    The asking price for this property is $399,900.
    (906) 225-1136
    Request Owner's contact information
    1120 Country Ln Ishpeming, MI 49849
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    Ishpeming, MI 49849
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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
    1120 Country Ln Ishpeming, MI 49849
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