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Ishpeming, MI Retail Properties & Spaces for Sale

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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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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.
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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.

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See what stands out in Marquette County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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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.

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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.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 5 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.

Car Wash with Upgraded Conveyor
Car Wash with Upgraded Conveyor

135 BROOKTON RD, Marquette, MI 49855

$2,200,000
3,526 sqft 4.50 AC lot

Operating car wash with remodeled improvements, established services, and on-site equipment supporting exterior and interior vehicle cleaning.

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Flex Building with New Roof
Flex Building with New Roof

401 Jackson Street, Negaunee, MI 49866

$200,000
10,932 sqft 0.43 AC lot

Commercially zoned building with flexible interior space, public water, and a roof replaced in 2024.

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Automotive Repair Shop with Hoists
Automotive Repair Shop with Hoists

2743 US 41 W Highway, Marquette, MI 49855

$2,500,000
4,712 sqft 0.83 AC lot

Commercial building on a signalized corner with showroom, office, service areas, and public water.

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Pub Building with Terrazzo Flooring
Pub Building with Terrazzo Flooring

440 Iron Street, Negaunee, MI 49866

$99,900
3,456 sqft

Former pub space in Negaunee’s downtown business district, adjacent to Jackson Park and nearby dining and recreation.

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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.

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.

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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

Commercial-zoned land with approved paved access, three-phase electric service, and public water available.

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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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Commercial Land with US 41 Frontage
Commercial Land with US 41 Frontage

349 E US41 Highway, Negaunee, MI 49855

$1,400,000
2.33 AC lot

Level commercial parcel with paved parking, natural gas, high-speed internet, and a driveway serving US 41.

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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.

407 3rd St
COMMERCIAL (GENERAL)

407 3rd St, Ishpeming, MI 49849-1702

$285,000
Estimated value
884 sqft 0.12 AC lot
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Ishpeming, MI Retail Properties & Spaces Market Trends and Statistics

Explore 6 retail properties & spaces for sale in Ishpeming, MI, showcased through 5 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 $1,589,700.

Sale prices for stores in Ishpeming, MI start at $49,900, averaging $317,940, 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

Storefront properties 3
Auto shops 1
Automotive properties 1

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 $317.9K

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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