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7,000 sqft

$385,000

121/123 E Division Street, Ishpeming MI, 49841

Price per sqft$55.00
Built in1900
Property size7,000 sqft
Property typeCommercial

Overview

Active

Listed Sep 30, 2026

Updated 12h ago

Opportunity awaits with this substantial 7000 sq ft mixed use building offering a great combination of commercial and residential space! The main level features three separate commercial storefronts, all currently vacant and ready for new businesses or tenants. Each space offers large street facing display windows that fill the interiors with natural light while providing excellent visibility and exposure to passing traffic. Upstairs you'll find four apartments, offering built-in income potential. One apartment is currently vacant and awaiting new flooring, giving the next owner an opportunity to make updates before welcoming a new tenant. Ask your agent for rental income info. A full and dry Michigan basement provides an impressive amount of additional storage, a workshop, hobbies, or other uses. Outside, take a moment to appreciate the interesting architectural details along the second story that add character and hint at the buildings history. There is no onsite parking, however, public parking lots are located nearby and provide convenient winter parking options. Owned by the same owner for 34 years, this property presents an exciting opportunity for an investor, entrepreneur, or owner looking for a building where commercial and residential uses come together under one roof. Motivated seller.

Additional information

MLS® ID
50223475

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.08 Acres
MLS provider logo

Listed by KRISTINE GOUPILLE with RE/MAX 1ST REALTY
Listing Contact: 906-225-1136 

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Data last updated on 10/12/2026 at 4:09 AM UTC

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