Address
113/115 Cleveland Avenue, Ishpeming, MI
Price
$ 224,900
Property Attributes
  • MLS#50134049
  • TypeCommercial
  • CountyMARQUETTE
  • CityIshpeming
  • AreaIshpeming
  • NeighborhoodIshpeming
  • Zip49849
  • StyleCommercial/Industrial
  • Year Built1880
  • Taxes$ 3996
  • Price$ 224,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5270
  • Lot Size0.08 Acres
Data Source:
MiRealSource (MIRS)
Property Description

Prime Opportunity in the Heart of the Ishpeming Business District! This expansive commercial building includes a charming façade featuring new paint, newly installed display windows and beautiful new doors, exuding curb appeal and drawing attention. With its high ceilings, original wood floors, commercial grade vinyl flooring, a large workroom in back, one could easily envision a café, boutique or artisanal workshop here! Main floor space was a former vibrant yarn shop, buzzing with creativity and energy. Gorgeous new tin ceiling tiles and a layout that allows for easy conversion into two separate business spaces, this building offers endless possibilities!! The basement in this building is Huge!! Clean and has storage options galore. Electric has 4 meters. All 3 newer furnaces on 1 meter. Half bath on main floor. Updated laundry hookups. TWO spacious two bedroom, 1 bath apartments above provide income potential or live-in work options. Separate outside entrance for the apartments, so no need for tenants to go through the business spaces. Each apartment has its own unique features. Apt A has an updated furnace & electrical panel, beautiful hardwood floors, original built-in book cases, several newer windows and the original interior wood doors with glass knobs. Apt B is fun with its classic 1960's kitchen, spacious living room, sunroom and an enormous bedroom. The immense attached 28x30 two car garage, complete with high ceilings and ample workshop benches, offers convenient storage and workspace for businesses, tenants, or hobbyists alike. Don't miss out on this awesome opportunity to own an extremely versatile commercial property and be a part of reviving a beloved community hub.

Price History
2/21/2024 Listed $229,900
6/24/2024 3% - $224,900

General Features

Heating Forced Air,Zoned Heating
Roof Rubber,Shingles
Zoning CBD Central Business District
Water Public Water at Street
Status Active
Year Built 1880
Parking 3-5 Spaces,On Site
Subdivision Original City Of Ishpeming
Water Heater Gas
County Marquette
Class COM/IND/BUS OPP
Type Commercial/Industrial
Percent Ownership Private
Associated Document Count 5
Status Active
Zoning Commercial
Subdivision MI
Sale/Rent For Sale
Flood Insurance Not Required
Commercial Features Bath,Concrete Floor,Internet Available,Display Window,Electric Available,Gas Available,Living Quarters Attached,No Elevator,Occupied,Sidewalks,Terrazo Floor,Vinyl/Laminate Floors,Wood Floors
Subj to Short Sale Apprvl No
Area Ishpeming (52013)
Primary City Ishpeming
Location Main Street
Directions US 41 West to Ishpeming. Take traffic circle near Ralphs Deli towards 2nd st. Exit to Third st and follow to Hematite Dr and turn right. Turn left onto Main St. Turn left onto Cleveland Ave.
ModificationTimestamp 2024-06-24T21:06:34.5
City Ishpeming
Lease Y/N No
Originating MLS Upper Peninsula Assoc of Realtor
Source MLS MI Real Source
Financial Terms Cash,Commercial Loan,Conventional Blend
Legal Description ORIGINAL PLAT CITY OF ISHPEMING W. 35' OF LOTS 120,121,AND 122.
DOM 124
Postal Code 49849
Price Per Sq Ft Total AG 42.68
BUSINESS TYPE Apartment Bldg,Retail,Service
Coming Soon Prime Opportunity in the Heart of the Ishpeming Business District! This expansive commercial building includes a charming façade featuring new paint

Interior Features

Basement Y/N Yes
Ceiling Height Less than 16 Ft.
Fuel Type Natural Gas

Exterior Features

Exterior Brick,Stucco
Frontage 35
Flood Plan None
Lot Size Area 0.08
Lot Dimensions 35x100
Water Features None
SEWER SEPTIC Public At Street
Roads Curbed,Paved Street,Year Round
FOUNDATION TYPE Basement
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 49849

Price
AVG $320K
$220K
Taxes
AVG $3,947
$3,996
Visits
AVG 439
1402
Data Provided by Inside Real Estate®
Year Built
AVG 1948
1880