Ishpeming, MI
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    Ishpeming, MI Retail Properties & Spaces for Sale

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    Negaunee, MI Palmer, MI Champion, MI
    6 listings
    New Construction Retail Investment Property
    $1,953,000
    10,000 SF
    New Construction Retail Investment Property

    628 Palms Ave, Ishpeming, MI

    New Dollar Tree with 10-year lease in Ishpeming, MI.
    • Investment grade tenant – S&P: BBB
    • 10‑year lease through August 2035
    • Located along Palms Avenue/US Highway 41 (19,000 VPD) in the main retail corridor
    • 20‑year roof warranty
    • Brand new construction with upgraded decorative façade
    Updated: Sep 29, 2025
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    Downtown Ishpeming Mixed-Use Investment
    $499,900
    9,486 SF
    Downtown Ishpeming Mixed-Use Investment

    200 E Division St, Ishpeming, MI 49849

    Commercial/residential building with storefronts and apartments in downtown Ishpeming.
    • 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.
    Updated: Jan 26
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    Retail and Office Space Available
    $325,000
    0.85 Acres
    Retail and Office Space Available

    Commercial space with retail, office, and storage potential.

    1790 Ash St, Ishpeming, MI 49849

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    Versatile Commercial Building in Business District
    $379,900
    11,170 SF
    Versatile Commercial Building in Business District

    Large building suitable for retail or office in busy district.

    1120 Country Lane, Ishpeming, MI 49849

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    Established Restaurant with Income Potential
    $399,900
    6,160 SF
    Established Restaurant with Income Potential

    Restaurant with apartments and retail space for sale.

    220 S Main, Ishpeming, MI 49849

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    Commercial Building in Country Village
    $379,900
    11,170 SF
    Commercial Building in Country Village

    Large commercial building in a busy business district.

    1120 Country, Ishpeming, MI 49849

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    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.

    Marquette Commercial Investment Opportunity
    $325,000
    2,408 SF
    Marquette Commercial Investment Opportunity

    Prime commercial building on high-traffic corridor with strong rental history.

    1104 Washington Street, Marquette, MI 49855

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    Versatile Space in Downtown Negaunee
    $200,000
    10,932 SF
    Versatile Space in Downtown Negaunee

    Nearly 11,000 sq ft of versatile space in downtown Negaunee.

    401 Jackson Street, Negaunee, MI 49866

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    Versatile Commercial Property For Sale
    $2,500,000
    3,516 SF
    Versatile Commercial Property For Sale

    Adaptable commercial building suitable for various business operations.

    928 Co Rd 480, Marquette, MI 49855

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    Versatile Space in Historic Downtown
    $200,000
    10,932 SF
    Versatile Space in Historic Downtown

    Nearly 11,000 sq ft of versatile space in Negaunee.

    401 Jackson, Negaunee, MI 49866

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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
    $150,000
    21.00 Acres
    Prime Land Near Highway

    20+ acre commercial land parcel with highway frontage.

    US-41 Highway, Ishpeming, MI 49849

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    US 41 Frontage Commercial Lot
    $399,900
    21,000 SF
    US 41 Frontage Commercial Lot

    Commercial lot with high traffic and utilities in Negaunee.

    411 US 41 E Highway, Negaunee, MI 49866

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    114 Acres on U.S. Highway
    $319,200
    114.09 Acres
    114 Acres on U.S. Highway

    114 acres with 1,350 feet of frontage on U.S. Highway.

    000000 U.S. Highway 41, Negaunee, MI 49866

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    High Exposure Land on Highway
    $294,000
    1.00 Acre
    High Exposure Land on Highway

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

    E US41/M28 Highway, Negaunee, MI 49866

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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)
    884 SF Lot: 0.12 Acres
    Value Estimation by Request

    407 3rd St, Ishpeming, MI 49849-1702

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    Ishpeming, MI Retail Properties & Spaces Investment Opportunities Market Analysis

    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 47,986 square feet of properties for sale, with an estimated market value of $3,612,600.

    Sale prices for stores in Ishpeming, MI start at $379,900, averaging $722,520, and reaching up to $1,953,000 — 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

    Storefront properties 2

    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 median 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 sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Retail

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