Historic Mixed-Use
For Sale
$950,000
308 Cleveland Avenue, Ishpeming, MI 49849
COM/IND/BUS OPP, Ishpeming, MI
Property Size72,000 SF
Lot Size0.30 Acres
Price / SF$13.19
Days on Market407
Property Features for 308 Cleveland Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Zoning description
Commercial
Parking features
Off Street, Parking Lot
Subdivision
Original City Of Ishpeming
Standard status
Active
Size
72,000 SF
Lot size
0.30 Acres
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Mixed-Use Components
retail, office
Property Use
Office
Utilities
Heating system
Hot Water(Heating)
Cooling system
Other (Cooling), Ceiling Fan(s)
Water source
Public
Building Details
Year built
1888
Roof type
Flat
Buildings
1
Listing Agency:
RE/MAX 1ST REALTY · RE/MAX International
(906) 225-1136
Listed By:
FRAN SEVEGNEY
(906) 869-7465
Added: Sep 17, 2025
Changed: Oct 27
Last Checked: Oct 28 at 5:06PM
MLS# 50190059
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.
The Gossard Building is a four-story, 72,000-square-foot mixed-use property on a 0.3-acre site in Ishpeming. Built in 1888 and expanded and renovated in 1903–04, it is listed on the National Register of Historic Places. Retail and shop space occupies the first floor, with offices on the second and third floors. The fourth floor is mostly unused and currently serves as storage. Interior and exterior details include maple flooring, large windows, pressed-metal ornament, sandstone courses, and a brick firewall dividing the east and west sections.
The building fronts Cleveland Avenue in downtown Ishpeming, with a facade approximately 150 feet long and arranged in six bays. The property is zoned Commercial and has off-street parking and a parking lot. Heating is hot water; cooling features include ceiling fans and other cooling equipment.
The building fronts Cleveland Avenue in downtown Ishpeming, with a facade approximately 150 feet long and arranged in six bays. The property is zoned Commercial and has off-street parking and a parking lot. Heating is hot water; cooling features include ceiling fans and other cooling equipment.
Key Highlights
- 72,000 square feet across four stories on a 0.3‑acre site
- Retail and shop space on the first floor; offices occupy the second and third floors
- Mostly unused fourth floor currently used for storage
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Explore this area
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
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial space includes ground-floor retail, upper-level offices, and a largely unused fourth floor.
Where is this mixed-use property located?
The property is located at 308 Cleveland Avenue Ishpeming, MI.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 72,000 square feet across four stories on a 0.3‑acre site; Retail and shop space on the first floor; offices occupy the second and third floors; Mostly unused fourth floor currently used for storage
