Mixed-Use Building with
For Sale
$499,900
200 E Division Street, Ishpeming, MI 49849
COM/IND/BUS OPP, Ishpeming, MI
Property Size9,486 SF
Lot Size0.13 Acres
Price / SF$52.70
Days on Market407
Property Features for 200 E Division Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Mixed Use,Commercial,Resi
Zoning description
Mixed Use, Commercial, Residential
Parking features
Offsite, Parking Lot
Subdivision
US Steel Corp Assrs 1
Lot features
Main Street, Residential Area
Standard status
Active
Size
9,486 SF
Lot size
0.13 Acres
Additional Details
Tenant in Place
Yes
Mixed-Use Components
retail, residential
Utilities
Heating system
Hot Water(Heating)
Cooling system
Wall/Window Unit(s), Ceiling Fan(s), Heat Pump
Water source
Public
Amenities
balcony
Building Details
Year built
1900
Roof type
Rubber
Buildings
1
Listing Agency:
RE/MAX 1ST REALTY · RE/MAX International
(906) 225-1136
Listed By:
DAWN FLORIO
(906) 360-0796
Added: Sep 17, 2025
Changed: Oct 27
Last Checked: Oct 28 at 5:06PM
MLS# 50190002
Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 9,486 square feet, this mixed-use property combines three storefronts with four one-bedroom apartments and two dorm-style rooms that share a bathroom. The apartments include a kitchen, full bathroom, bedroom, living room, formal dining area, and hallway closet. A tenant-accessible wooden balcony extends off the common hallway. All four one-bedroom units and the storefronts are occupied; the two dorm-style rooms are not. Building improvements include a high-efficiency boiler, replacement windows, and rooftop solar panels that supply more than half of the building’s electricity.
The property occupies a 0.13-acre site at 200 E Division Street in Ishpeming. There is no on-site parking; street parking and nearby city lots serve tenants. Zoning is listed as Mixed Use, Commercial, and Resi.
The property occupies a 0.13-acre site at 200 E Division Street in Ishpeming. There is no on-site parking; street parking and nearby city lots serve tenants. Zoning is listed as Mixed Use, Commercial, and Resi.
Key Highlights
- 9,486‑square‑foot mixed‑use property on a 0.13‑acre lot
- Three occupied storefronts and four occupied one‑bedroom apartments
- Two dorm‑style rooms share a bathroom and are currently unoccupied
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four occupied one-bedroom apartments sit above three occupied retail spaces, with two additional dorm-style rooms sharing a bathroom.
Where is this mixed-use property located?
The property is located at 200 E Division Street Ishpeming, MI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 9,486‑square‑foot mixed‑use property on a 0.13‑acre lot; Three occupied storefronts and four occupied one‑bedroom apartments; Two dorm‑style rooms share a bathroom and are currently unoccupied
