Partially Remodeled Apartment
For Sale
$450,000
530 Mitchell Street, Gwinn, MI 49841
MULTI_FAMILY - Gwinn, MI
Property Size38,997 SF
Lot Size19.38 Acres
Price / SF$11.54
Days on Market102
Property Features for 530 Mitchell Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
12
Bathrooms
9
Full bathrooms
8
Half bathrooms
1
Rooms
Bedroom 7, Bathroom 2, Bedroom 4, Bathroom 9, Bedroom 6, Bathroom 7, Bedroom 3, Bedroom 12, Bedroom 8, Bedroom 10, Bathroom 3, Bedroom 2, Bathroom 5, Bedroom 1, Bedroom 9, Bedroom 11, Bathroom 4, Bathroom 1, Bedroom 5, Bathroom 6, Bathroom 8
Parking features
Covered
Lot features
Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
Elementary school district
Gwinn Area Community Schools
Middle school district
Gwinn Area Community Schools
High school district
Gwinn Area Community Schools
Subdivision
Forsyth Twp (52009)
Standard status
Active
Size
38,997 SF
Lot size
19.38 Acres
Utilities
Water source
Public
Amenities
attached garage
in-unit laundry
gymnasium
storage spaces
meeting areas
Building Details
Year built
1960
Floors in Building
1
Number of units
6
Architectural style
Other
Listing Agency:
COLDWELL BANKER SCHMIDT REALTORS
(906) 225-5992
Listed By:
DYLAN WILLEY · License #6501429957
(906) 362-1688
Added: May 12
Changed: Aug 10
Last Checked: Aug 21 at 2:06AM
MLS# 50208065
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.
Partially remodeled former school building offering a large, flexible footprint on a 19.38-acre parcel. The property includes roughly 39,000 square feet of gross building area and was built in 1960, with covered parking on site.
Wing A has been transformed and is currently configured into five distinct living spaces, including an attached garage. Wing A includes a primary unit with two bedrooms and two bathrooms (including an en suite), plus a large kitchen and spacious living areas. The remaining configured spaces include a two-bedroom unit with in-unit laundry, a second two-bedroom unit, a large open-concept studio, and a four-bedroom, one-and-a-half-bathroom layout.
Wings B and C offer additional development and/or creative reuse options. Wing B includes the original school gymnasium, four former classrooms, a studio space, and a guest wing with two bedrooms, a bunk room, and a bathroom. Wing C remains in its original condition with an excellent garage, large-scale storage spaces, and expansive group meeting areas.
Served by public water, this property is positioned for buyers looking for a distinctive, multi-wing residential conversion opportunity in Gwinn, MI.
Wing A has been transformed and is currently configured into five distinct living spaces, including an attached garage. Wing A includes a primary unit with two bedrooms and two bathrooms (including an en suite), plus a large kitchen and spacious living areas. The remaining configured spaces include a two-bedroom unit with in-unit laundry, a second two-bedroom unit, a large open-concept studio, and a four-bedroom, one-and-a-half-bathroom layout.
Wings B and C offer additional development and/or creative reuse options. Wing B includes the original school gymnasium, four former classrooms, a studio space, and a guest wing with two bedrooms, a bunk room, and a bathroom. Wing C remains in its original condition with an excellent garage, large-scale storage spaces, and expansive group meeting areas.
Served by public water, this property is positioned for buyers looking for a distinctive, multi-wing residential conversion opportunity in Gwinn, MI.
Key Highlights
- 19.38‑acre parcel with roughly 39,000 SF of gross building area
- Wing A configured into five distinct living spaces plus attached garage
- Primary unit in Wing A: two bedrooms, two bathrooms including an en suite
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
Demographics for 49841, MI
7,193
Population
3,847
Households
1.9
Avg Household Size
41
Median Age
24%
College-Educated
96%
High-School Grad
227.6 sq mi
ZIP Area
32
Density / Sq Mi
$61,337
Median Household Income
$34,437
Median Earnings
$731
Median Rent
$150,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Partially remodeled former school building configured for multiple living spaces, with public water and covered parking on a 19.38-acre parcel.
Where is this apartment building located?
The property is located at 530 Mitchell Street Gwinn, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 19.38‑acre parcel with roughly 39,000 SF of gross building area; Wing A configured into five distinct living spaces plus attached garage; Primary unit in Wing A: two bedrooms, two bathrooms including an en suite
