Mixed-Use Building with
For Sale
$385,000
121/123 E Division Street, Ishpeming, MI 49841
Four upstairs apartments sit above three vacant commercial spaces with street-facing display windows.
Property Size7,000 SF
Price / SF$55
Days on Market34
Property Features for 121/123 E Division Street
General Information
Standard status
Active
Size
7,000 SF
Property subtype
Commercial,1 to 4 Units,Investment
Property Condition
Severity
Repairs Needed
Evidence
awaiting new flooring
Additional Details
Mixed-Use Components
retail, residential
Multifamily Units
4
Tenant in Place
Yes
Building Details
Year Built
1900
Buildings
1
Tenancy
Multi
Listing Agency:
RE/MAX 1ST REALTY
(906) 225-1136
Listed By:
KRISTINE GOUPILLE · License #6501288851
(906) 250-7344
Source:
Tilleryrealtygroup
Added: Sep 30
Changed: Nov 2
Last Checked: Nov 2 at 2:32AM
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
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Investment Insights
Based on property information with market context.
This 7,000-square-foot mixed-use building combines three ground-floor commercial storefronts with four apartments on the upper level. The storefronts are vacant and feature street-facing display windows. One apartment is also vacant and requires new flooring. A full, dry Michigan basement provides additional storage and workshop space.
Located at 121/123 E Division Street in Ishpeming, the property has no on-site parking; public parking lots are nearby. Built in 1900, the building also has architectural details along its second story.
Located at 121/123 E Division Street in Ishpeming, the property has no on-site parking; public parking lots are nearby. Built in 1900, the building also has architectural details along its second story.
Key Highlights
- 7,000‑square‑foot mixed‑use building
- Three vacant commercial storefronts with street‑facing display windows
- Four apartments upstairs; one is vacant and needs new flooring
Property Analytics
Who owns this building?
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Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
116
Businesses Nearby
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Business Placement
Demographics for 49841, MI
7,193
Population
3,847
Households
1.9
Avg Household Size
41
Median Age
24%
College-Educated
96%
High-School Grad
227.6 sq mi
ZIP Area
32
Density / Sq Mi
$61,337
Median Household Income
$34,437
Median Earnings
$731
Median Rent
$150,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four upstairs apartments sit above three vacant commercial spaces with street-facing display windows.
Where is this mixed-use property located?
The property is located at 121/123 E Division Street Ishpeming, MI.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 7,000‑square‑foot mixed‑use building; Three vacant commercial storefronts with street‑facing display windows; Four apartments upstairs; one is vacant and needs new flooring
