628 Palms Ave, Ishpeming, MI

Listing agent Randy Blankstein License #471005983

Listing office The Boulder Group - Corporate Show Phone

Listing date Sep 29, 2025

Source Moodyscre

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 The Boulder Group - Corporate

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Overview

This is a newly constructed retail property featuring an upgraded decorative façade. The property is under a 10-year lease, set to expire in August 2035, and includes a 20-year roof warranty. The tenant is investment grade, with an S&P rating of BBB. The property is located along Palms Avenue/US Highway 41, which sees 19,000 vehicles per day. It is positioned within the main retail corridor, near tenants and attractions such as McDonald’s, Taco Bell, Holiday, Family Dollar, Pizza Hut, Flagstar Bank, Jubilee Foods, Ace Hardware, UP Health System, The US Ski & Snowboard Hall of Fame & Museum, and Cliffs Shaft Mine Museum & Iron Ore Heritage Bike Trail Trailhead. Over 15,000 residents live within a five-mile radius, with an average household income of $83,712 within the same area. The building has 10,000 square feet of space.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

Similar Places Nearby

• All Seasons Floral & Gifts — 1702 Ash St, Ishpeming, MI 49849

Location Insight

• Map
• Local Demand

City

Ishpeming

County

Marquette

State

Michigan

Longitude

-87.6628

Latitude

46.5042

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FAQs

What type of property is this?

Storefront property - New Dollar Tree with 10-year lease in Ishpeming, MI.

Where is this storefront property located?

The property is located at 628 Palms Ave Ishpeming, MI.

What is the asking price?

The asking price for this property is $1,953,000.

What are key features of this property?

This property features: Investment grade tenant – S&P: BBB; 10‑year lease through August 2035; Located along Palms Avenue/US Highway 41 (19,000 VPD) in the main retail corridor