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Mixed-Use Building with Restaurant

113 N 2nd, Ishpeming, MI 49849

For Sale
$285,000

Restaurant improvements include a full-service bar, a two-level kitchen, and an upstairs two-bedroom residence.

Property SizeContact for details
Days on Market127

Property Features for 113 N 2nd

General Information

Standard status Active
Property subtype Commercial/Industrial

Additional Details

Equipment Included Yes

Building Details

Year Built 1904
Listing Agency: Keller Williams First Up
Listed By: Lisa Elzinga
Source: Jabachler
Added: Jul 9 Changed: Nov 11 Last Checked: Nov 11 at 10:56PM

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 Keller Williams First Up

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Investment Insights

Based on property information with market context.

Built in 1904, this mixed-use property in Ishpeming combines a restaurant with a two-bedroom residence above. The dining area has skylights and two pool tables, while the restaurant includes a full-service bar and a two-level kitchen. Equipment includes pizza ovens, a commercial range, a steam table, fryers, a walk-in refrigerator and freezer, and a food lift connecting the kitchen levels. A dish tank is located in the basement. The lower-level kitchen offers space configured for bakery use.

The residence features hardwood floors. A separate office or storage area has its own bathroom. Recent building improvements include a new roof and a new boiler.

Key Highlights

  • Restaurant space with skylit dining area, full‑service bar, and two pool tables
  • Two‑level kitchen with pizza ovens, commercial range, steam table, fryers, and walk‑in refrigerator and freezer
  • Food lift links kitchen levels; dish tank is located in the basement

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Pharmacy Grocery & Convenience Store Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

292
Businesses Nearby
2k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 100%
Jim's Jubilee Foods Groceries
2,387 visits/mo 0.0 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
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant improvements include a full-service bar, a two-level kitchen, and an upstairs two-bedroom residence.
Where is this mixed-use property located?
The property is located at 113 N 2nd Ishpeming, MI.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Restaurant space with skylit dining area, full‑service bar, and two pool tables; Two‑level kitchen with pizza ovens, commercial range, steam table, fryers, and walk‑in refrigerator and freezer; Food lift links kitchen levels; dish tank is located in the basement
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