About This Home

This 0-bedroom, 0-bathroom commercial at 200 E Division Street in Ishpeming, MI is listed for $499,900 ($53 per sqft). Built in 1900, the home offers 9,486 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 1900
  • 0.13 acre lot

Property Details

1900

Amenities

Solar
Listing 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.

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,166
Insurance$146

Estimates only. Actual payments may vary.

Location

200 E Division Street

Ishpeming, MI 49849

US Steel Corp Assrs 1

Property Details

Parking

OffsiteParking Lot

Heating

Hot Water(Heating)

Cooling

Wall/Window Unit(s)Ceiling Fan(s)Heat Pump

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 200 E Division Street is listed at $499,900 ($53/sqft). The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.13 acre lot.

This property is listed by DAWN FLORIO.

DF

DAWN FLORIO

Agent at RE/MAX 1st Realty

Listed by RE/MAX 1st Realty · Broker phone: (906) 225-1136 · Broker website

MLS# 50190002· Source: Upper Peninsula Association of Realtors· 406 days on PropertySimple

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

200 E Division Street, Ishpeming, MI 49849

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