Storefront

Ishpeming, MI Storefront Properties 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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Downtown Multi-Unit Retail Building
Updated: Aug 1, 2025
Downtown Multi-Unit Retail Building

105/109 S Main Street, Ishpeming, MI 49849

$335,000
10,158 sqft
Downtown Ishpeming commercial building with two street‑level commercial spaces and shared back parking‑lot access
Total size: 5,392 above‑ground SF plus 4,766 below‑ground dry storage space
Velodrome Coffee Company space offers 3,851 SF open workspace with cafe up front and prep space at the back
Velodrome includes a man door and a larger loading door for deliveries; lease runs through the end of 2026
Second unit is just over 1,500 SF with a front storefront/display area plus back spaces to the public parking lot back 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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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ishpeming, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Four-Story Mixed-Use Property
Four-Story Mixed-Use Property

756 W Washington Street, Marquette, MI 49855

$295,000
1,624 sqft 0.33 AC lot

Multi-Use zoning and substantial on-site parking support storefront, office, or residential income configurations.

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Updated Flex Space with Shipping Area
Updated Flex Space with Shipping Area

2220 S US41 Highway, Marquette, MI 49855

$700,000
3,600 sqft 0.90 AC lot

Commercially zoned building with flexible layout, dedicated shipping access, parking, and business-support amenities.

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B-2 Zoned Storefront Property
B-2 Zoned Storefront Property

798 E Us 41, Negaunee, MI 49866

Contact for pricing

Mid-century building with a kitchen, hardwood floors, and adaptable main-level rooms.

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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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Ishpeming, MI Storefront Properties Market Trends and Statistics

Explore 2 storefront properties for sale in Ishpeming, MI on our real estate platform. These investment opportunities span a total of 19,644 square feet of properties for sale, with an estimated market value of $834,900.

Sale prices for retail units in Ishpeming, MI start at $335,000, averaging $417,450, 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 $417.5K

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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