Ishpeming, MI
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    Ishpeming, MI Storefront Properties for Sale

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    Negaunee, MI Palmer, MI Champion, MI
    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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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Ishpeming, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Commercial Building with Living Quarters
    $599,900
    1,962 SF
    Commercial Building with Living Quarters

    Commercial building with living space in Marquette, Michigan.

    521 W Washington Street, Marquette, MI 49855

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    Historic Mixed-Use Downtown Building
    $799,900
    4,550 SF
    Historic Mixed-Use Downtown Building

    Historic mixed-use building combines retail storefront space with private office areas and an independently accessed residence.

    221 West Washington Street, Marquette, MI 49855

    View details
    Unique Tourist Attraction with Waterfalls
    $6,900,000
    2,714 SF
    Unique Tourist Attraction with Waterfalls

    Established tourist attraction featuring waterfalls, gardens, and retail space.

    602 Bell Avenue, Munising, MI 49862

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    Unique Tourist Attraction with Waterfalls
    $6,900,000
    2,714 SF
    Unique Tourist Attraction with Waterfalls

    Established tourist attraction featuring waterfalls, gardens, and gift shop.

    602 Bell, Munising, MI 49862

    View details

    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 Commercial Lot For Sale
    $250,000
    2,335 SF
    Prime Commercial Lot For Sale

    High-visibility commercial lot in Iron Mountain, Michigan.

    909 S Stephenson Avenue, Iron Mountain, MI 49801

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    Land in Rapid River, MI
    $49,900
    1.97 Acres
    Land in Rapid River, MI

    Commercial land with high traffic exposure in Rapid River.

    7683 US2 HIGHWAY, Rapid River, MI 49878

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    Prime Land in Rapid River
    $49,900
    1.97 Acres
    Prime Land in Rapid River

    Commercial land with high traffic exposure in Rapid River, MI.

    7683 US2 Highway, Rapid River, MI 49878

    View details
    Copper Harbor Land For Sale
    $250,000
    0.33 Acres
    Copper Harbor Land For Sale

    Prime building site in Copper Harbor's tourism destination.

    Gratiot Street, Copper Harbor, MI 49918

    View details

    Ishpeming, MI Storefront Properties Investment Opportunities Market Analysis

    Explore 2 storefront properties for sale in Ishpeming, MI on our real estate platform. These investment opportunities span a total of 19,486 square feet of properties for sale, with an estimated market value of $2,452,900.

    Sale prices for retail units in Ishpeming, MI start at $499,900, averaging $1,226,450, 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 $499.9K

    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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