Address
308 Cleveland Avenue, Ishpeming, MI
Price
$ 950,000
Property Attributes
  • MLS#50190059
  • TypeCommercial
  • Listing Status Active
  • CountyMARQUETTE
  • CityIshpeming
  • AreaIshpeming
  • NeighborhoodIshpeming
  • Zip49849
  • StyleCommercial/Industrial
  • Year Built1888
  • Price$ 950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage72000
  • Lot Size0.3 Acres
Data Source:
MiRealSource (MIRS)
Property Description

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 unused—storage space with potential for redevelopment. Structural & aesthetic integrity: Thick brick firewall divides the east / west sections; original maple flooring; sturdy foundation; strong “bones” 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: It’s not just real estate — it’s a piece of Ishpeming’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.

Price History
9/30/2025 Listed $1,070,000
7/20/2026 12$950,000

General Features

Heating Boiler,Hot Water
Cooling Ceiling Fan(s),Partial
Roof Flat
Zoning CBD Commercial Business District.
Water Public Water
Status Active
Year Built 1888
Parking 6-10 Spaces,Off Street,Parking Lot
Subdivision Original City Of Ishpeming
County Marquette
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership LLC
Status Active
Zoning Commercial
Subdivision MI
Sale/Rent For Sale
Commercial Features 3 Phase Power,Additional Bldg(s),Carpet,Internet Available,Electric Available,Elevator(s),Freight Elevator(s),Interior Sprinkler,Living Quarters,Loading Dock(s),Meeting Rooms,Network Wiring Installed
Subj to Short Sale Apprvl No
Area Ishpeming (52013)
Primary City Ishpeming
Directions US 41 W to Ishpeming,at the roundabout take the 3rd Street exit to Cleveland Avenue.
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 LOTS 105,106,107 AND VACATED ALLEY ALONG E. LINE OF SAID LOTS
DOM 372
Postal Code 49849
Price Per Sq Ft Total AG 13.19
Internet Remarks Listing Agent: FRAN SEVEGNEY Broker: RE/MAX 1ST REALTY: Historic Mixed-Use Gem for Sale: The Gossard Building (Pioneer Square),Ishpeming,Michigan. An iconic landmark in downtown Ishpeming
Public Remarks Historic Mixed-Use Gem for Sale: The Gossard Building (Pioneer Square),Ishpeming,Michigan. An iconic landmark in downtown Ishpeming

Interior Features

Basement Y/N Yes
Ceiling Height 16-20 Feet,Less than 16 Ft.,Greater than 20 Ft.
Fuel Type Natural Gas

Exterior Features

Exterior Brick,Stone
Frontage 138
Lot Size Area 0.3
Lot Dimensions 138 x irregular
Water Features None
SEWER SEPTIC Public Sanitary
Roads City/County,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 $380K
$950K
Year Built
AVG 1937
1888
Visits
AVG 110
381
Data Provided by Inside Real Estate®