536 Mather Ave, Ishpeming, MI 49849
For Sale
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This exceptional 7,650 square foot commercial building, located at 536 Mather in Ishpeming, Michigan, presents a unique investment opportunity. Situated on a 0.36-acre lot, the property boasts ample parking and attractive landscaping. The building's interior is thoughtfully divided into numerous private spaces, providing flexibility for a variety of uses. Multiple bathrooms are conveniently located throughout. Currently, the building enjoys 43% occupancy with existing active leases in place, offering immediate income potential. The property's history includes a previous use as the Williams Medical Clinic, suggesting a strong foundation and potential for medical or related businesses. The building's size and layout offer significant potential for expansion or adaptation to suit a wide range of commercial needs. A confidentiality agreement is required before access to financial and lease agreements will be granted. This is an excellent opportunity to acquire a well-maintained, strategically located industrial property in a desirable Michigan market. Serious inquiries only. Contact us today to schedule a showing and learn more about this promising investment.
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Advacare Systems Production Facility
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JG/Prototype Manufacturing Industrial Manufacturer Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
GC · Ishpeming, MIIshpeming. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.