For Sale
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Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Production Facility
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Industrial Manufacturer Production Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
14.0 SECTION 14.0: (GC) GENERAL COMMERCIAL DISTRICT 14.1 Intent: To establish and preserve a general commercial business district containing uses which include the retail sale or combination retail/wholesale of commoditi…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GC · Ishpeming, MI14.0 SECTION 14.0: (GC) GENERAL COMMERCIAL DISTRICT 14.1 Intent: To establish and preserve a general commercial business district containing uses which include the retail sale or combination retail/wholesale of commoditi…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
14.0 SECTION 14.0: (GC) GENERAL COMMERCIAL DISTRICT 14.1 Intent: To establish and preserve a general commercial business district containing uses which include the retail sale or combination retail/wholesale of commoditi…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GC in Ishpeming, MI.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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