Investment opportunity in downtown Ishpeming. 2000 main floor square feet--the historic Johnson Drug and most recently Snyder Drug--ready to become your business. Full basement for storage. Upstairs is another 2000 square feet for owner occupied 3 bedroom/1 bath apartment or rental income. Apartment features large windows for day long light, updated bath, large closets, spacious kitchen and laundry room. Financial help may be possible for small business through the Ishpeming DDA. Entrepreneurs, don't miss the investment possibilities of this property.
This is an exceptional opportunity to own a landmark commercial building in the heart of historic downtown Ishpeming. Originally constructed in the late 1800's this iconic property offers over 16,300 square feet of prime commercial and mixed-use space, blending timeless architectural character with modern upgrades and functionality. This building is anchored by a strong, established financial institution tenant that has recently completed a substantial renovation. The quality of the improvements reflects Nicolet National Bank's long-term commitment to the property and the revitalization of the community it serves. 12,000 square feet and versatile floor plans on the lower lever and upper levels present excellent potential for residential development, office suites or additional income producing units. The building's prominent location in downtown Ishpeming provides outstanding visibility, walk-ability and accessibility within the commercial corridor. The sale includes a dedicated parking lot located directly behind the building - an invaluable amenity that ensures convenient access and enhanced appeal for future tenants.
Prime Commercial Opportunity - Ishpeming, MI Discover exceptional potential with this versatile commercial building offering 6,450 square feet of adaptable interior space in the City of Ishpeming. Thoughtfully divided, the layout includes multiple private offices, flexible work areas, and both private and public restrooms, making it ideal for a wide range of business operations. The building is also wheelchair accessible, ensuring ease of access for employees and customers. Adding even more value, the property includes an additional 1,288-square-foot garage space equipped with an overhead door and a loading ramp to the basement, perfect for storage, and shipping/receiving. Convenient on-site and off-street parking offers ample space for staff and visitors. Whether you're seeking an owner-occupied opportunity, expanding your business footprint, or looking for a strong investment in a growing community, this property delivers the flexibility and function you need.
Prime downtown location right on the Al Quaal Trailâ??a scenic stretch of The Heritage Trail in the heart of Ishpeming! This nearly 3,500 sq ft space offers flexible options for retail, studio, gallery, or specialty use, giving you the freedom to bring your vision to life. A Beer & Wine (Take-out) License is also available at a separately negotiated price, adding even more value and potential to your business plans. Opportunities in locations like this donâ??t come oftenâ??secure your spot in this high-traffic, highly desirable area! Phase 1, 2 & 3 Environmental Assessments on file; tanks have been removed.
Historic Mixed-Use Gem for Sale: The Gossard Building (Pioneer Square), Ishpeming, Michigan. An iconic landmark in downtown Ishpeming, the Gossard Building (also known as Pioneer Square) offers a rare opportunity: a four-story, solid brick structure, steeped in history, yet primed for vibrant, modern reuse. Listed on the National Register of Historic Places, this building merges original character with versatile commercial potential. Historic pedigree: Built in 1888 and expanded/renovated in 1903-04, with additions over the decades. Known for its origins as a dry goods/general store, later for manufacturing (corsets/brassieres), now hosting a myriad of different businesses. Architectural character: The facade spans approximately 150 ft along Cleveland Avenue, divided into six bays, trimmed with rock-face sandstone belt courses and raised piers. Many original details remain: pressed metal ornamentation on ceilings/walls, large windows, maple floors. Mixed-use layout: First floor: Retail / shop / mall space, ideal for storefront businesses. Second & third floors: Flexible office leasing spaces of various sizes. Fourth floor: Mostly unusedâ??storage space with potential for redevelopment. Structural & aesthetic integrity: Thick brick firewall divides the east / west sections; original maple flooring; sturdy foundation; strong â??bonesâ? with architectural details for those passionate about preservation. Activate the under-utilized fourth floor: convert to lofts, more offices, or creative spaces. Expand retail/on-site food & beverage uses on the street level to draw foot traffic. Leverage the historic designation to access tax credits, grants, or incentives for restoration. Utilize its central location in downtown for cultural, artisan, or service-oriented businesses. Why This Building Matters: Itâ??s not just real estate â?? itâ??s a piece of Ishpemingâ??s story: built by Norwegian immigrant Frederick Braastad, serving the community in multiple roles (store, manufacturing, community hub). Its prominent location and size make it a landmark. Any occupant will benefit from recognition and visibility. Sale includes 317 E Pearl vacant lot Parcel ID# 52-51-300-079-00 a 35x95 lot and 313 E Pearl St. A duplex with 2,726 sq. ft of living space that includes 3 commodious bedrooms, 1 1/2 baths on both sides. 315 side had a remodel in 2022 of the kitchen and upstairs bathroom, new cabinets and counter tops, dishwasher, new vinyl chic flooring. There is no washer and dryer but hookups available. In addition, 313 side had the water heater replaced in 2024. Both sides are currently occupied with leases. The information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied as to the accuracy of the information. References to square footage, lot size/dimensions, and age are approximate. Buyer must verify the information and bear all risk for inaccuracies. Taxes are not zero and may change upon sale.
Great investment opportunity in this large commercial/residential building in Downtown Ishpeming! This building features 3 store fronts currently occupied by the beloved Rare Earth Goods, Apiary Life Studio, and Bats Amore Used Books. There are secondary entrances in the front of the building and the back with staircases that lead to a common area space that includes 4 spacious 1 bedroom, 1 bathroom rental units. As well as 2 "dorm style" spaces (remodel potential for a fifth larger apartment out of these!) that share a private bathroom in the common area hallway. Further down the hallway you'll find a tenant-accessible wooden balcony for outdoor enjoyment steps outside of one's unit. The one-bedroom units have front entries with hallway closets, formal dining, living room, bedroom , full bathroom, and a kitchen. Some units have new appliances such as new fridge and oven. Further updates that were completed were a new high efficiency boiler, required developmental construction to the basement, previous owner replaced the windows and roof top solar panels were installed and help contribute over half of the buildings electricity needs. While there is no on-site parking, there is plenty of street parking and nearby city lots available for the winter parking for the tenants. All units besides the "dorm style" rooms are currently occupied. One member of the selling LLC is a licensed real estate agent in the state of Michigan.
Well maintained building in heart of the Country Village in Ishpeming. Over 6300 square feet of fully rented office/studio space. Large parking lot with plenty of space for tenants and customers. Great investment opportunity in a fast-growing commercial area.
Potential grants available to change uses of the building from the state and from the brownfield authority. Prime Two-Story Office Building in Downtown Ishpeming Looking for the perfect location for your business? This two-story office building, ideally situated in the heart of downtown Ishpeming, offers exceptional flexibility and visibility. Whether you plan to fully occupy the space or run your business while leasing out the remaining offices, this property is a smart investment opportunity. Located directly across from Ishpeming High School, the building enjoys steady foot traffic and convenient access for clients and staff alike. It features a spacious layout across both levels, a large private parking lot with ample space, and is fully accessible to accommodate all visitors. This is a rare chance to establish or grow your business in one of Ishpemingâ??s most central and visible locations.
Great opportunity in Downtown Ishpeming for your budding business or dreams of commercial land-lording! Currently home to the popular Velodrome Coffee Company, this commercial building boasts two commercial spaces with tons of potential. with a total of 5,392 above ground sqft and an additional 4,766 below-ground dry storage space, the possibilities are endless. Velodrome's space accounts for 3,851 sqft of open workspace with a classy cafe up front, and prep space in the back, including a man door and a larger loading door for big deliveries. Their lease currently runs through the end of 2026. The space next door is a little over 1500sqft consisting of a storefront/display space up front, and then various spaces to the back of the building, leading to the back door of the public parking lot which can be used by owners or renters. Both units have restrooms and would be well suited for a variety of business endeavors. Open your new operation in the vacant space and let the existing lease cover a chunk of your costs! One member of the selling LLC is a licensed real estate agent in the state of Michigan.
**Turn Key Restaurant with 2-Bedroom Residence Above in Ishpeming â?? Formerly Known as The Venice! This remarkable property in Ishpeming presents an exciting turn-key opportunity for any restaurateur or investor. Previously known as The Venice, the restaurant is fully equipped and ready to welcome guests immediately. The main level features a welcoming dining area with beautiful skylights, adding natural light to the space, and two pool tables for entertainment. A full-service bar area and a well-appointed 2 level kitchen with all the necessary equipment, including pizza ovens, commercial range, steam table, 3 and 2 compartment fryers and a walk-in refrigerator and freezer and a silent food lift that connects both levels, ensure the restaurant runs efficiently. The spacious, lower-level kitchen is perfectly designed for a bakery, providing ample space and the right setup for anyone looking to expand their culinary offerings. Dish tank is located in the basement as well to minimize the shound in the dining area. A Silent Food Lift connects both kitchen levels for ease of service. Above the restaurant, the 2-bedroom residence features stunning hardwood floors throughout, offering a cozy and comfortable living space for owners or staff. There is also an office or storage area with itâ??s own bathroom that can be rented out as well or added to the living area. This home provides a perfect balance of private living and business in one convenient location. With everything you need to run a successful restaurant and bakery, this property offers great potential in a prime Ishpeming location. Donâ??t miss out on this opportunity to own a piece of local history and start your next venture today! This listing is cross listed with residential mls 50188033
Great commercial opportunity just off the busy US HWY 41 corridor in Ishpeming. There's retail space on the main level and office and storage/warehouse upstairs. There is a retail flower shop operating on the main level and an archery business/range in the basement. Great visibility and parking for your business with two additional tenants already in place. New curbing, intersection, and green space have been recently developed by the city. Easy access! Year built estimated.
One of Upper Michigan's finest Italian dining restaurants, Mama Mias could be yours. This long established business is a sought-after dining experience for many. The restaurant is known for it's long-held, authentic Italian, recipes. Nestled in the heart of downtown Ishpeming, Mama Mias attracts customers far and wide. Whether it's families in the summer tourist season, or snowmobilers in the beautiful winters, Mama Mias serves them all. This is a turn key operation being sold - the real property; building and lot, the business itself with inventory, supplies, POS system, Class C Liquor License and it's closely held recipes. Brand new HVAC in the back dining room and new water heater installed 2/26. Mama Mia's is an operating business. Be sure to check out the 3-D tour. Please contact your agent for a reserved showing.
Incredibly well-established restaurant with great income opportunity. Includes 4 apartments and one additional retail space. Entire facade including windows, siding, doors and stonework were renovated in 2012.
Large commercial building located in the middle of the busy Country Village Business District. Right next door to Ace Hardware and Shopko, and located within walking distance to hotels, restaurants, Shell gas station, and various other small businesses. Site was a former movie theater, but could be converted into a number of commercial opportunities, including retail space, office space, or a combination of them both. Features a large parking lot, and a second story with office space in place already. Seller is a licensed real estate agent.
Ishpeming is located in Michigan. Ishpeming, Michigan has a population of 6,223. Ishpeming is more family-centric than the surrounding county with 31.25% of the households containing married families with children. The county average for households married with children is 26.28%.
The median household income in Ishpeming, Michigan is $49,757. The median household income for the surrounding county is $57,981 compared to the national median of $69,021. The median age of people living in Ishpeming is 38.8 years.
The average high temperature in July is 77.6 degrees, with an average low temperature in January of 3.9 degrees. The average rainfall is approximately 32.2 inches per year, with 156.7 inches of snow per year.
