$499,900

MLS  

50190002
200 E Division Ishpeming, MI 49849
 
50190002Three Percent Realty

Contact Bart Bartelli ~ 906-228-7152 ~ [email protected]
Three Percent Realty

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.
Price 499,900 City Limits: Frontage:  No
County: Marquette Type: Commercial/Industrial School:
Lake/River: Road: Curbed,Paved Street,Year Round Lot Size:
Sewer: Public Sanitary Water: Acres: 0.13
Ttl Sqft: Zoning: Business Info.
Sale/Rent:  For Sale Township: Ishpeming Township
Year Built: 1900 County: Marquette
Lake/River:  Construction:
 
Features:

Contact Bart Bartelli ~ 906-228-7152 ~ [email protected]
Three Percent Realty