Mixed-Use Building with
New
For Sale
$499,900
205 Fifth, Calumet, MI 49913
Four separately metered units combine commercial space with one- and two-bedroom apartments.
Property SizeContact for details
Days on Market6
Property Features for 205 Fifth
General Information
Standard status
Active
Property subtype
Mixed Use
Site & Location
Utilities to Site
Yes
Mixed-Use Components
retail, residential
Units
Unit Mix
1 x one-bedroom apartment, 1 x two-bedroom apartment
Multifamily Units
2
Individually Metered Utilities
unspecified utilities
Additional Details
Sprinkler System
Yes
Amenities
off-street parking
large display windows
separate utilities
Building Details
Year Built
1890
Buildings
1
Tenancy
Multi
Listing Agency:
Coldwell Banker Schmidt Family Of Companies
Listed By:
Mark Heinonen · License #6501428222
(906) 299-2350
Source:
Cbcworldwide
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 28 at 4:45AM
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 Coldwell Banker Schmidt Family Of Companies
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Investment Insights
Based on property information with market context.
Built in 1890, this mixed-use property contains four units: two commercial storefronts, a one-bedroom apartment on the main floor, and a two-bedroom apartment upstairs. Storefront features include large display windows; one commercial unit also has a showroom, private rooms, a kitchenette, and a rear entrance. Both apartments have updated kitchens and bathrooms, and the upper residence has an open kitchen and living area.
Building improvements include new siding, windows, exterior doors, rear stairs, a sprinkler system, electrical service, two furnaces, and water and sewer lines from the alley. Each unit has separate utilities. The property offers sidewalk frontage, off-street parking, and rear alley access. Shops, restaurants, and local attractions are within walking distance in downtown Calumet.
Building improvements include new siding, windows, exterior doors, rear stairs, a sprinkler system, electrical service, two furnaces, and water and sewer lines from the alley. Each unit has separate utilities. The property offers sidewalk frontage, off-street parking, and rear alley access. Shops, restaurants, and local attractions are within walking distance in downtown Calumet.
Key Highlights
- Four units: two commercial storefronts, one 1‑bedroom apartment, and one 2‑bedroom apartment
- Separate utilities for all four units
- Building dates to 1890
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
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Business Placement
Demographics for 49913, MI
7,218
Population
3,990
Households
1.8
Avg Household Size
42
Median Age
25%
College-Educated
93%
High-School Grad
75.5 sq mi
ZIP Area
96
Density / Sq Mi
$50,469
Median Household Income
$31,667
Median Earnings
$678
Median Rent
$92,700
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 separately metered units combine commercial space with one- and two-bedroom apartments.
Where is this mixed-use property located?
The property is located at 205 Fifth Calumet, 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: Four units: two commercial storefronts, one 1‑bedroom apartment, and one 2‑bedroom apartment; Separate utilities for all four units; Building dates to 1890
