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    536 Mather Ave Ishpeming, MI 49849

    Sponsored
    For Sale
    $284,900

    Spacious industrial building, great location, partial occupancy.

    Property size:
    7,650 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    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 Features for 536 Mather Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    7,650 SF
    Lot Size
    15,682 SF

    Building Details

    Year Built
    1954
    Property Profile Location Intelligence

    Current Use by Public Records

    Advacare Systems Medical Equipment Supplier JG/Prototype Manufacturing Manufacturer

    Suggested Use

    Realty agency Restaurant Law Firm Hair Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Ishpeming
    County
    Marquette
    State
    Michigan
    Longitude
    -87.6651
    Latitude
    46.50711

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    FAQs

    What type of property is this?
    Industrial property - Spacious industrial building, great location, partial occupancy.
    Where is this industrial property located?
    The property is located at 536 Mather Ave Ishpeming, MI.
    What is the asking price?
    The asking price for this property is $284,900.
    (906) 225-5992
    Request Owner's contact information
    536 Mather Ave 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
    536 Mather Ave Ishpeming, MI 49849
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