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Property profile & analytics

403 3rd St Ishpeming, MI 49849-1702

  • Commercial land
  • 0.16 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US43-2062122
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial land

Property Details for 403 3rd St

Lot size
0.16 lot acres
Zone code
GR
Property type
Commercial land
APN
52-51-215-001-01
APU
525121500101

Description

This exceptional 3,408 square foot industrial property, located at 403 N 3rd Street in the heart of downtown Ishpeming, Michigan, presents a unique investment opportunity. Situated on a 0.43-acre lot, this building boasts a prime location directly on the Al Quaal Trail, a section of the Heritage Trail system. Its central downtown location offers high visibility and accessibility for a wide range of businesses. The expansive interior space is ideal for a variety of uses, including studios, art galleries, specialty shops, or hospitality ventures. The property's versatility allows for creative adaptation to suit diverse business needs. A significant advantage is the inclusion of a transferable beer and wine license (take-out only), providing immediate operational capabilities for businesses requiring such permits. This turnkey opportunity combines a desirable location with substantial square footage and a valuable existing license, making it an attractive proposition for entrepreneurs and investors seeking a well-positioned commercial space in a vibrant downtown setting. The property's size and location offer significant potential for growth and profitability. Serious inquiries are encouraged to explore this exceptional opportunity further. The asking price is $359,000.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Ishpeming
County
Marquette
State
Michigan
Longitude
-87.6652
Latitude
46.4924
CBSA code
32100
CBSA name
MARQUETTE, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$415
$0.00
$0.00
$9,000
-
$0.00
$0.00
$18,000
More about this property
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