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200 E Division Street 200 East Division Street, Ishpeming, MI 49849
Mixed Use
Property Description
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.
Full Address: 200 East Division Street, Ishpeming, MI 49849
Listing Type: FOR SALE
Status: Active
Region: M-EN
County: Marquette County
Property ID: 4094505
Building Sf: 9,486