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10-Unit Apartment Building on US-41

42280 Willson Memorial Drive Chassell, MI 49916

Claim this Listing
For Sale
$640,000

COMMERCIAL - Chassell, MI

Property size:
8,184 SF
Lot size:
1.03 Acres
Price / SF:
$78/SF
Added:
May 27, 2026
Days on Market:
46
Last Refresh:
Jul 11 at 10:06 pm

Property Features for 42280 Willson Memorial Drive

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking features
Parking Lot
Standard status
Active
Size
8,184 SF
Lot size
1.03 Acres

Utilities

Heating system
Baseboard
Cooling system
Wall/Window Unit(s)
Water source
Public

Building Details

Year built
1950
Roof type
Asphalt

Listing agent TIM KEOHANE License #UPAR

Listing office GREAT LAKES & LAND OF MARQUETTE, INC. 856 W Washington Street, Marquette, MI

Listing date May 27, 2026

MLS# 50209111

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.


Investment Insights

Based on property information with market context.

Chippewa Apartments is a 10-unit multifamily property originally constructed in 1950 and converted from a motel into apartment units between 2010 and 2011. The mix of unit types includes studio, one-bedroom, and two-bedroom layouts, and the property features updated interiors and energy star appliances, along with modernized mechanical systems and tenant-controlled HVAC. A coin laundry facility is available on-site, and one unit is wheelchair accessible. Renovations referenced include updated insulation, drywall, flooring, windows, roofing, boiler systems, and exterior components such as soffits and fascia. The property operates as smoke-free and includes a sprinkler system.

The building is located directly on US-41 in Chassell, Michigan, and sits adjacent to Chassell Centennial Park with views toward Pike Bay and Portage Lake. Extensive parking is part of the site improvements.

The property is set on approximately 1.03 acres and contains approximately 8,184 square feet of living space. A stabilized rental asset, it provides an established apartment layout with renovation history and year-round amenities tied to the surrounding recreational area.

Key Highlights

  • Stabilized 10‑unit multifamily property with income potential.
  • Prime location on US‑41, close to Houghton and Michigan Technological University.
  • Extensive renovations (2010‑2011) including updated interiors, energy star appliances, and modernized mechanical systems.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Parking Lot & Garage Auto Repair Shop Storage Facility Garden Center Furniture & Home Goods Pet Grooming Service Grocery & Convenience Store Restaurant Travel Agency Real Estate Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 10-unit apartment building with studio through two-bedroom units, updated interiors, parking, coin laundry, and sprinkler system.
Where is this apartment building located?
The property is located at 42280 Willson Memorial Drive Chassell, MI.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Stabilized 10‑unit multifamily property with income potential.; Prime location on US‑41, close to Houghton and Michigan Technological University.; Extensive renovations (2010‑2011) including updated interiors, energy star appliances, and modernized mechanical systems.
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