Address
113 N 2nd Street, Ishpeming, MI
Price
$ 285,000
Property Attributes
  • MLS#50214353
  • TypeCommercial
  • Listing Status Active
  • CountyMARQUETTE
  • CityIshpeming
  • AreaIshpeming
  • NeighborhoodIshpeming
  • Zip49849
  • StyleCommercial/Industrial
  • Year Built1904
  • Taxes$ 4391
  • Price$ 285,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4488
  • Lot Size0.08 Acres
Data Source:
MiRealSource (MIRS)
Property Description

Previously known as The Venice, the restaurant is fully equipped and ready to welcome guests immediately. SELLERS ARE REPLACING THE ROOF for new Buyers. 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 it’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. Don’t miss out on this opportunity to own a piece of local history and start your next venture today! SELLERS ARE REPLACING THE ROOF! BRAND NEW BOILDER!! This listing is cross listed with residential mls 50214351

Price History
7/10/2026 Listed $285,000

General Features

Heating Radiator
Cooling Ceiling Fan(s),Exhaust Fan,Wall/Window A/C
Roof Flat
Water Public Water
Status Active
Year Built 1904
Subdivision Original City Of Ishpeming
County Marquette
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name Previously known as the Venice
Ownership Other/See Remarks
Associated Document Count 3
Status Active
Subdivision MI
Sale/Rent For Sale
Commercial Features Alley,Cafe/Kitchen,Internet Available,Fixtures,Furniture,Interior Sprinkler,Living Quarters,Living Quarters Attached,No Loading Facility,Private Restrooms,Public Restrooms,Restroom(s),Sidewalks
Subj to Short Sale Apprvl No
Area Ishpeming (52013)
Primary City Ishpeming
Location Main Street
Directions US 41 W to N Second St (3rd Exit on circle) 600 ft N to Third (2nd Exit) to Right on Hematite Dr (.7 miles). Go 500 ft Left on Second and building is 400 ft on the right. Former Venice.
City Ishpeming
Lease Y/N No
Originating MLS Upper Peninsula Assoc of Realtor
Source MLS MI Real Source
Financial Terms Cash,Commercial Loan,Conventional
Legal Description ORIGINAL PLAT CITY OF ISHPEMING LOT 141.
DOM 77
Postal Code 49849
Price Per Sq Ft Total AG 63.5
BUSINESS TYPE Food Service,Residential,Restaurant
Internet Remarks Listing Agent: LISA ELZINGA Broker: KELLER WILLIAMS FIRST UP: Previously known as The Venice
Public Remarks Previously known as The Venice

Interior Features

Basement Y/N Yes
Ceiling Height Less than 16 Ft.
Fuel Type Natural Gas
Back on Market Date 2025-11-17

Exterior Features

Exterior Frame,Precast,Stone,Stucco
Frontage 35
Lot Size Area 0.08
Lot Dimensions 35X150
Site Depth 102
Water Features None
SEWER SEPTIC Public At Street
Roads City/County
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
$290K
Taxes
AVG $4,118
$4,391
Year Built
AVG 1937
1904
Visits
AVG 110
21
Data Provided by Inside Real Estate®