Address
105/109 S Main Street, Ishpeming, MI
Price
$ 294,900
Property Attributes
- MLS#50184129
- TypeCommercial
- Listing Status Active
- CountyMARQUETTE
- CityIshpeming
- AreaIshpeming
- NeighborhoodIshpeming
- Zip49849
- StyleCommercial/Industrial
- Year Built1969
- Price$ 294,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage10158
- Lot Size0.17 Acres
Data Source:
MiRealSource (MIRS)
Property Description
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.
| Price History | |
|---|---|
| 8/5/2025 | Listed $335,000 |
| 1/21/2026 | 11$299,900 |
| 6/17/2026 | 2$294,900 |
General Features
| Roof | Flat |
|---|---|
| Zoning | CBD Commercial |
| Water | Public Water |
| Status | Active |
| Year Built | 1969 |
| Parking | Off Site,Parking Lot |
| Subdivision | none |
| County | Marquette |
| Class | COM/IND/BUS OPP |
| Type | Commercial/Industrial |
| Ownership | LLC |
| Status | Active |
| Zoning | Commercial |
| Sale/Rent | For Sale |
| Commercial Features | Alley,Cafe/Kitchen,Internet Available,Delivery Area,Display Window,Interior Sprinkler,Reception Area,Restroom(s),Showroom,Sidewalks,Sprinkler System |
| Subj to Short Sale Apprvl | No |
| Area | Ishpeming (52013) |
| Location | Main Street |
| Directions | Head South into downtown Ishpeming to right on Hematite Dr,to left on S Main to property on left. Currently houses Velodrome Coffee Co. |
| City | Ishpeming |
| Lease Y/N | No |
| Originating MLS | Upper Peninsula Assoc of Realtor |
| Source MLS | MI Real Source |
| Financial Terms | Cash,Commercial Loan |
| Legal Description | ORIGINAL PLAT CITY OF ISHPEMING S 13.75' OF LOT 82 |
| DOM | 419 |
| Price Per Sq Ft Total AG | 29.03 |
| Public Remarks | Great opportunity in Downtown Ishpeming for your budding business or dreams of commercial land-lording! Currently home to the popular Velodrome Coffee Company |
Interior Features
| Basement Y/N | Yes |
|---|---|
| Ceiling Height | Less than 16 Ft. |
| Fuel Type | Natural Gas |
Exterior Features
| Exterior | Brick |
|---|---|
| Lot Size Area | 0.17 |
| Lot Dimensions | 60x125 |
| Water Features | None |
| SEWER SEPTIC | Public Sanitary |
| Roads | City/County,Paved Street |
| 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
Year Built
Visits
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