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Ishpeming, MI

Retail

Ishpeming, MI Retail Properties & Spaces for Sale

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Negaunee, MI Palmer, MI Champion, MI Marquette, MI Miami, FL Gwinn, MI Republic, MI Skandia, MI

6 properties

Downtown Ishpeming Mixed-Use Investment

Updated: Jan 26

Downtown Ishpeming Mixed-Use Investment

200 E Division St, 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.

Versatile Commercial Building in Business District

Updated: Sep 25, 2025

Versatile Commercial Building in Business District

1120 Country Lane, Ishpeming, MI 49849

$379,900

11,170 sqft

Prime location in the busy Country Village Business District.
High‑traffic area next to Ace Hardware and Shopko.
Versatile space suitable for retail, office, or mixed‑use conversion.
Existing second‑story office space in place.
Large parking lot.

Downtown Multi-Unit Retail Building

Downtown Multi-Unit Retail Building

105/109 S Main Street, Ishpeming, MI 49849

$335,000

10,158 sqft

Two street-level commercial spaces include front storefront/display areas plus restrooms and shared access to a back parking lot door.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Retail and Office Space Available

Retail and Office Space Available

1790 Ash St, Ishpeming, MI 49849

$325,000

0.85 AC lot

Commercial space with retail, office, and storage potential.

Automotive Garage and Vacant Land

Automotive Garage and Vacant Land

309 Greenwood St, Ishpeming, MI 49849

$56,000

0.77 AC lot

Two-parcel offering includes an existing garage structure plus additional vacant land for flexible commercial use.

Auto Shop with Large Bay

Auto Shop with Large Bay

212 S 2nd Street, Ishpeming, MI 49849

$49,900

1,287 sqft

As-is commercial property with a 26' x 30' bay, 13'+ ceilings, and two rolling garage doors for vehicle access.

Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 6 Active listings in Ishpeming, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 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.

Historic Event Venue Building

Historic Event Venue Building

260 Northwoods Rd, Marquette, MI 49855

$1,750,000

15,288 sqft

1934 Barrel + Beam building with a renovated eastern half, unfinished west wing, and an operating event concept for possible continued tenancy.

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.

Automotive Repair Building with Overhead Doors

Automotive Repair Building with Overhead Doors

2743 US 41 W Highway, Marquette, MI 49855

$2,500,000

4,712 sqft 0.83 AC lot

Automotive repair facility with three oversized overhead doors, vehicle hoists, and a paint booth on a signalized US-41 corner.

Versatile Commercial Building with New Roof

Versatile Commercial Building with New Roof

401 Jackson Street, Negaunee, MI 49866

$200,000

10,932 sqft 0.43 AC lot

Commercially zoned building with 10,932 SF and a 2024 roof featuring a transferrable 15-year guarantee.

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.

Prime Land Near Highway

Prime Land Near Highway

US-41 Highway, Ishpeming, MI 49849

$150,000

21.00 AC lot

20+ acre commercial land parcel with highway frontage.

Commercial Land with Highway Frontage

Commercial Land with Highway Frontage

411 US 41 E Highway, Negaunee, MI 49866

$399,900

21,000 sqft 0.47 AC lot

Vacant commercial lot with MDOT-approved entry, curbed and paved, and 3-phase electric available.

High Exposure Land on Highway

High Exposure Land on Highway

E US41/M28 Highway, Negaunee, MI 49866

$294,000

1.00 AC lot

Desirable location with high traffic volume in Michigan's Upper Peninsula.

Commercial Lot on US-41 Highway

Commercial Lot on US-41 Highway

349 E US41 Highway, Negaunee, MI 49855

$1,400,000

2.33 AC lot

High-visibility 2.33-acre commercial lot with utilities in Negaunee Township.

Off-Market Properties in Ishpeming, MI

Consider similar Off-Market properties in Ishpeming, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

COMMERCIAL (GENERAL)

407 3rd St, Ishpeming, MI 49849-1702

Value Estimation by Request

884 sqft 0.12 AC lot

Ishpeming, MI Retail Properties & Spaces Market Trends and Statistics

Explore 7 retail properties & spaces for sale in Ishpeming, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 32,101 square feet of properties for sale, with an estimated market value of $1,645,700.

Sale prices for stores in Ishpeming, MI start at $49,900, averaging $274,283, and reaching up to $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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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	$396.9K

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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