10-Unit Apartment
For Sale
$640,000
42280 Willson Memorial Drive, Chassell, MI 49916
COM/IND/BUS OPP, Chassell, MI
Property Size8,184 SF
Lot Size1.03 Acres
Price / SF$78.20
Days on Market98
Property Features for 42280 Willson Memorial Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Zoning description
Commercial
Parking features
Parking Lot
Lot features
Main Street
Subdivision
Chassell Twp (31005)
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
Amenities
coin laundry
Building Details
Year built
1950
Roof type
Asphalt
Listing Agency:
GREAT LAKES & LAND OF MARQUETTE, INC.
(906) 228-9312
Listed By:
TIM KEOHANE · License #UPAR
(906) 228-9312
Added: May 27
Changed: Aug 19
Last Checked: Sep 1 at 9:06AM
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 at 42280 Willson Memorial Drive in Chassell, Michigan. The building was constructed in 1950 and converted from motel use to apartments during 2010–2011. The approximately 8,184-square-foot property includes studio, one-bedroom, and two-bedroom units, with updated interiors, Energy Star appliances, tenant-controlled HVAC, coin laundry, a sprinkler system, and one wheelchair-accessible unit. Heating is provided by baseboard systems, cooling by wall/window units, and water by a public source. The property also includes an asphalt roof and a parking lot.
Positioned directly on US-41, the property is approximately 7.6 miles from Houghton and adjacent to Chassell Centennial Park. The setting includes views toward Pike Bay and Portage Lake, with nearby access to hiking, biking, snowmobiling, skiing, boating, kayaking, and fishing. The property occupies approximately 1.03 acres in Houghton County.
Positioned directly on US-41, the property is approximately 7.6 miles from Houghton and adjacent to Chassell Centennial Park. The setting includes views toward Pike Bay and Portage Lake, with nearby access to hiking, biking, snowmobiling, skiing, boating, kayaking, and fishing. The property occupies approximately 1.03 acres in Houghton County.
Key Highlights
- 10‑unit multifamily property with studio, one‑bedroom, and two‑bedroom units
- Approximately 8,184 square feet on approximately 1.03 acres
- Converted from motel use to apartments during 2010–2011
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Explore this area
Business Placement
Demographics for 49916, MI
2,855
Population
1,788
Households
1.6
Avg Household Size
43
Median Age
39%
College-Educated
99%
High-School Grad
109.7 sq mi
ZIP Area
26
Density / Sq Mi
$77,000
Median Household Income
$39,591
Median Earnings
$770
Median Rent
$190,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated multifamily property offering studio, one-bedroom, and two-bedroom residences with tenant-controlled HVAC and coin laundry.
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: 10‑unit multifamily property with studio, one‑bedroom, and two‑bedroom units; Approximately 8,184 square feet on approximately 1.03 acres; Converted from motel use to apartments during 2010–2011
