Financial
Distress signals
Property profile

207 Pearl St Ishpeming, MI 49849

OFF-MARKET
Other commercial real estate
Property ID
US43-2461991
2,790 SF 0.07 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a long-established Italian restaurant in downtown Ishpeming, Michigan, configured as a dining establishment within a 2,790-square-foot building on an included lot. It includes restaurant operations and is equipped with a point-of-sale (POS) system and inventory and supplies associated with the business use. The property holds a Class C liquor license and includes a dining area served by a heating, ventilation, and air conditioning system with a newer HVAC unit installed for the

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$76k
Effective rate6.01%

Value estimate

· Sep 2026
$100k
$90k – $110k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBD
The purpose of CBD district is to establish and provide flexible regulations that apply to businesses serving a local or regional market ...
General categoryCOMMERCIAL
JurisdictionMARQUETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.0
Law Firm11.9
Pharmacy11.5

Location

207 Pearl St Ishpeming, MI 49849-2023
County assessor Recorded deeds · not on file 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
105 1st, Ishpeming, MI 49849-1855 $68,000 Jan 2024 1,820 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 207 Pearl St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message