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Mixed-Use Building with Retail Space

705 1ST STREET Menominee, MI 49858

705 1ST STREET, Menominee, MI, 49858
$375,000
For Sale
$375,000

Building features retail space on the first two floors and five apartments on the second floor, with a vacant third floor.

Property Size15,312 SF
Price / SF$24.49
Days on Market48

Property Features for 705 1ST STREET

General Information

Standard status
Active
Size
15,312 SF
Property subtype
General Commercial

Building Details

Year Built
1965
Listing agency
Listed by Broadway Real Estate
Source Xome
Added: Jun 5 Updated: Jul 21 at 8:00PM Checked: Jul 21 at 8:00PM

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 Broadway Real Estate


Investment Insights

Based on property information with market context.

This mixed-use property offers commercial space on the 1st floor plus residential units on the 2nd floor, with an additional third-floor level available. The 1st floor includes 5,104 sq. ft. The 2nd floor also includes 5,104 sq. ft. and is configured for five apartments: two units with 2 bedrooms and three units with 1 bedroom. Each apartment has its own bath, and a laundry room is available for residents. The 3rd floor contains 5,104 sq. ft. and is currently vacant, providing an opportunity to remodel and potentially convert the space to additional living arrangements.

Located at 705 1st Street in Menominee, the building offers income potential from the existing apartments while also providing flexibility for a new operator on the main commercial level.

Key Highlights

  • Commercial building with retail space on the first two floors and 5 apartments on the second floor
  • 1st floor: 5,104 SF retail; 2nd floor: 5,104 SF with five apartments (2 two‑bedroom units and 3 one‑bedroom units)
  • 3rd floor: 5,104 SF vacant space for remodeling or conversion to additional living units

Property Analytics

Location Intelligence

Current Use by Public Records

Miller's Action Office ... (Bike/Boat/Book/etc) Store

Suggested Use

HVAC Service Kitchen & Bath Showroom Parking Lot & Garage Furniture & Home Goods Bakery Garden Center (Bike/Boat/Book/etc) Store Barber Shop (Bike/Boat/Book/etc) Store Building Supply

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

FAQs

What type of property is this?
Apartment building - Building features retail space on the first two floors and five apartments on the second floor, with a vacant third floor.
Where is this apartment building located?
The property is located at 705 1ST STREET Menominee, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Commercial building with retail space on the first two floors and 5 apartments on the second floor; 1st floor: 5,104 SF retail; 2nd floor: 5,104 SF with five apartments (2 two‑bedroom units and 3 one‑bedroom units); 3rd floor: 5,104 SF vacant space for remodeling or conversion to additional living units
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