Mixed-Use

Ishpeming, MI Mixed-use Properties for Sale

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Negaunee, MI Champion, MI Marquette, MI Michigamme, MI Gwinn, MI Republic, MI Skandia, MI Big Bay, MI
Downtown Ishpeming Mixed-Use Investment
Updated: Mar 27
Downtown Ishpeming Mixed-Use Investment

200 East Division Street, Ishpeming, MI 49849

$499,900
9,486 sqft
High‑efficiency boiler and rooftop solar panels provide significant energy savings, covering over half of the building's electricity needs.
Fully occupied commercial storefronts (Rare Earth Goods, Apiary Life Studio, Bats Amore Used Books) provide immediate rental income.
Four spacious, currently occupied, 1‑bedroom, 1‑bathroom rental units offer steady residential income.
Downtown Ishpeming location offers high visibility and accessibility for both commercial and residential tenants.
Remodel potential exists to convert two "dorm style" spaces into a fifth, larger apartment unit.
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Historic Mixed-Use Commercial Building
Updated: Feb 23
Historic Mixed-Use Commercial Building

100-106 S Main St, Ishpeming, MI 49849

Contact for pricing
16,368 sqft
16,368‑square‑foot mixed‑use commercial building
Constructed in the late 1800s with modern functional improvements
Nicolet National Bank tenant with a recently completed substantial renovation
Approximately 12,000 square feet across lower and upper levels
Commercial zoning in downtown Ishpeming's commercial corridor
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See hot listings in Ishpeming

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Ishpeming, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Apartment
Mixed-Use Property with Apartment

216 Jackson Street, Negaunee, MI 49866

$200,000
11,836 sqft 0.27 AC lot

Connected commercial areas include an upstairs two-bedroom apartment and rear storage improvements.

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Turnkey Restaurant & Rental Income
Turnkey Restaurant & Rental Income

305 Iron Street, Negaunee, MI 49866

$750,000
5,356 sqft

Established restaurant and bar with five rental units in Negaunee.

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Development Land Near Retail Hub
Development Land Near Retail Hub

420 Brickyard Road, Marquette, MI 49855

$589,500

2.74 acres of land near major retailers.

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Commercial Land with Existing Improvements
Commercial Land with Existing Improvements

2100 W US 41 Highway, Marquette, MI 49855

$3,700,000
2.20 AC lot

A multi-parcel commercial site with an office building, residential home, and public water service.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Parcel
Commercial Land Parcel

E US41/M28 Highway, Negaunee, MI 49866

$294,000
1.00 AC lot

Vacant, flat commercial land with sandy soil and highway frontage between Marquette and Negaunee.

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Ishpeming, MI Mixed-Use Properties Market Trends and Statistics

Explore 2 mixed-use properties for sale in Ishpeming, MI on our real estate platform. These investment opportunities span a total of 25,854 square feet of properties for sale, with an estimated market value of $499,900.

Sale prices for multi use buildings in Ishpeming, MI average $499,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 12K
Population Growth (5Y) -2.1%
Median Household Income $63,425
College Educated 16.6%

High-Yield Neighborhoods for Investment

Identify Ishpeming submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49849 $575K

Taxes & Financing

Tax Rate (average for all types) 4.96%
Property Tax per SF $69.47 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marquette County

New Delisted

Total CRE Inventory on Market (SF)

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