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Partially Remodeled School Building
For Sale
$450,000

530 Mitchell Street, Gwinn, MI 49841

COMMERCIAL - Gwinn, MI

Property Size39,000 SF
Lot Size19.38 Acres
Price / SF$11.54
Days on Market102

Property Features for 530 Mitchell Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Forsyth Twp (52009)
Standard status Active
Size 38,997 SF
Lot size 19.38 Acres

Utilities

Water source Public

Building Details

Year built 1960
Listing Agency: COLDWELL BANKER SCHMIDT REALTORS
Listed By: DYLAN WILLEY · License #6501429957
Added: May 12 Changed: Aug 10 Last Checked: Aug 21 at 7:06AM
MLS# 50207469

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.

Built in 1960, this 38,997-square-foot school property occupies 19.38 acres and includes three wings with distinct existing improvements. Wing A contains five configured living spaces and an attached garage, including a two-bedroom, two-bath primary unit with an en suite, kitchen, and living areas. Additional layouts include two two-bedroom units, a studio, and a four-bedroom, one-and-a-half-bath configuration.

Wing B retains the former gymnasium, four classrooms, a studio, and a guest area with two bedrooms, a bunk room, and a bathroom. Wing C provides garage space, substantial storage, and large group meeting areas. The property is served by public water and is located at 530 Mitchell Street in Gwinn, Michigan, within the former KI Sawyer Air Force Base.

Key Highlights

  • 38,997‑square‑foot school property on 19.38 acres
  • Three‑wing layout with residential, classroom, gymnasium, garage, storage, and meeting areas
  • Wing A includes five configured living spaces and an attached garage

Property Analytics

Current Use

First Nations, LLC High School

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Pharmacy Grocery & Convenience Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby

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

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

What type of property is this?
School - Multi-wing facility with residential configurations, a gymnasium, classrooms, garage, storage, and group meeting areas.
Where is this school 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: 38,997‑square‑foot school property on 19.38 acres; Three‑wing layout with residential, classroom, gymnasium, garage, storage, and meeting areas; Wing A includes five configured living spaces and an attached garage
More about this property
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