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Downtown Multi-Unit Retail Building
For Sale
$335,000

105/109 S Main Street, Ishpeming, MI 49849

Two street-level commercial spaces include front storefront/display areas plus restrooms and shared access to a back parking lot door.

Property Size10,158 SF
Price / SF$32.98
Days on Market401

Property Features for 105/109 S Main Street

General Information

Standard status Active
Size 10,158 SF

Building Details

Tenancy Multi
Listing Agency: RE/MAX 1ST REALTY
Listed By: DAWN FLORIO · License #6506048630
Source: Exprealty
Added: Aug 1, 2025 Changed: Aug 20 Last Checked: Sep 4 at 8:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 1ST REALTY

Investment Insights

Based on property information with market context.

This downtown commercial building features two separate commercial spaces with restrooms. The existing tenant space includes a cafe setup in the front with open workspace, along with back prep space and two delivery-oriented entrances including a man door and a larger loading door. The neighboring unit includes a storefront/display area at the front and additional interior rooms leading to a back door that provides access to the public parking lot.

The property is located on S Main Street in Ishpeming, offering direct downtown storefront presence and convenient back-of-building access tied to the public parking lot.

The building totals 5,392 above-ground square feet with an additional 4,766 below-ground dry storage area. The current lease for the occupied space runs through the end of 2026.

Key Highlights

  • Downtown Ishpeming commercial building with two street‑level commercial spaces and shared back parking‑lot access
  • Total size: 5,392 above‑ground SF plus 4,766 below‑ground dry storage space
  • Velodrome Coffee Company space offers 3,851 SF open workspace with cafe up front and prep space at the back

Property Analytics

Current Use

Coffee shops

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy HVAC Service Parking Lot & Garage Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 92% Home Improvements & Furnishings 8%
Jim's Jubilee Foods Groceries
2,387 visits/mo 0.2 miles
Carpet Specialists Carpet One Floor & Home Home Improvements & Furnishings
209 visits/mo 0.4 miles

Demographics for 49849, MI

11,819
Population
5,915
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
95%
High-School Grad
241.4 sq mi
ZIP Area
49
Density / Sq Mi
$63,425
Median Household Income
$35,081
Median Earnings
$769
Median Rent
$145,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Velodrome Coffee Company 105 S Main St, Ishpeming, MI 49849
  • Rare Earth Goods Cafe 200 E Division St, Ishpeming, MI 49849

Frequently Asked Questions

What type of property is this?
Coffee shop - Two street-level commercial spaces include front storefront/display areas plus restrooms and shared access to a back parking lot door.
Where is this coffee shop located?
The property is located at 105/109 S Main Street Ishpeming, MI.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Downtown Ishpeming commercial building with two street‑level commercial spaces and shared back parking‑lot access; Total size: 5,392 above‑ground SF plus 4,766 below‑ground dry storage space; Velodrome Coffee Company space offers 3,851 SF open workspace with cafe up front and prep space at the back
More about this property
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