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Multifamily Property with Parking Lot
For Sale
$199,000

313-315 E Pearl, Ishpeming, MI 49849

The offering includes a vacant parking lot identified as 317 E Pearl.

Property SizeContact for details
Days on Market23

Property Features for 313-315 E Pearl

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Baseboard
Boiler
Hot Water
Ceiling Fan(s)
Dishwasher
Range/Oven
Refrigerator

Building Details

Year Built 1880
Listing Agency: RE/MAX 1ST REALTY
Listed By: DAWN FLORIO · License #6506048630
Source: Kw
Added: Jul 21 Changed: Aug 12 Last Checked: Aug 12 at 3:20AM

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

Investment Insights

Based on property information with market context.

This multifamily property at 313-315 E Pearl includes a separate vacant parking lot identified as 317 E Pearl. The building dates to 1880 and features baseboard heating, a boiler, hot water service, and ceiling fans.

Interior appliances include a dishwasher, range/oven, and refrigerator. The included parking parcel adds dedicated off-street parking associated with the property.

Key Highlights

  • Vacant parking lot included at 317 E Pearl
  • Multifamily property at 313‑315 E Pearl
  • Building constructed in 1880

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Pharmacy Bakery Grocery & Convenience Store

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

286
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - The offering includes a vacant parking lot identified as 317 E Pearl.
Where is this multifamily property located?
The property is located at 313-315 E Pearl Ishpeming, MI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Vacant parking lot included at 317 E Pearl; Multifamily property at 313‑315 E Pearl; Building constructed in 1880
More about this property
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