# 308 Iron Street, Negaunee, MI 49866 > **TL;DR:** commercial, $485,000 ($92/sqft), built 1900, 5,280 sqft. Est. $2,593/mo. Listed 68 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $485,000 | | Price/sqft | $92 | | Square Feet | 5,280 | | Year Built | 1900 | | Lot Size | 8,712 sqft (0.20 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 68 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,452 | | Estimated Insurance | $141 | | **Total** | **$2,593** | ## Property Highlights - Built in 1900 - 0.20 acre lot ## Description ### Agent Description 308 Iron Street is an opportunity to own a historic mixed-use building right in the middle of downtown Negaunee, with commercial space on the main floor and two impressive residential units above. For someone who has been thinking about opening a business of their own, this is a location worth considering. Downtown Negaunee has seen significant investment and improvement over the past several years, with major infrastructure and streetscape projects, new public spaces, events, and continued support for new and expanding businesses. Negaunee feels increasingly active, attracting both public and private investment along with a healthy demand for homes and apartments in the area. The main floor of 308 Iron Street is currently set up as commercial space with a mostly open layout plus additional offices or storage areas. Hardwood floors, high ceilings, and exposed brick make the space incredibly charming and wonderfully historic. The space would work well for retail, office, studio, or a number of other uses. There is also a rear entrance from the parking area along Jackson Street and a full basement with plenty of storage. Upstairs are two large residential units that genuinely feel like they belong in a major city like Chicago or New York. Incredibly high ceilings and lots of windows allow natural light to pour in over the hardwood floors. An owner could live above their business in a beautiful unit with a large bathroom finished in marble tile and its own steam room. Or, you could choose to rent the units out for an additional revenue stream. The building also has separate heating systems for each level. With commercial space along Iron Street, residential income potential upstairs, and a downtown that has undergone substantial investment in recent years, 308 Iron Street gives its next owner a lot of different ways to make the building work for them. Schedule your showing today! ## Location - **Address:** 308 Iron Street, Negaunee, MI 49866 - **County:** Marquette - **Neighborhood:** Iron - **Coordinates:** 46.499129, -87.610411 - **Google Maps:** https://www.google.com/maps?q=46.499129,-87.610411 ## Listing Agent - **Name:** ERIN WASIK - **Brokerage:** RE/MAX 1st Realty - **Broker Phone:** (906) 225-1136 ## Photos ![308 Iron Street - Photo 1](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f3363179469r.jpg) ![308 Iron Street - Photo 2](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f3428074935r.jpg) ![308 Iron Street - Photo 3](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f1755487737r.jpg) ![308 Iron Street - Photo 4](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f1812967185r.jpg) ![308 Iron Street - Photo 5](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f2378937083r.jpg) ![308 Iron Street - Photo 6](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f1662814357r.jpg) ![308 Iron Street - Photo 7](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f2228069842r.jpg) ![308 Iron Street - Photo 8](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f2082242794r.jpg) ![308 Iron Street - Photo 9](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f1677521263r.jpg) ![308 Iron Street - Photo 10](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f1969444355r.jpg) ![308 Iron Street - Photo 11](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f3968073636r.jpg) ![308 Iron Street - Photo 12](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f2187912181r.jpg) ![308 Iron Street - Photo 13](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f2951199001r.jpg) ![308 Iron Street - Photo 14](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f1047167678r.jpg) ![308 Iron Street - Photo 15](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f2805169904r.jpg) ![308 Iron Street - Photo 16](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f1597716258r.jpg) ![308 Iron Street - Photo 17](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f1054122323r.jpg) ![308 Iron Street - Photo 18](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f3997654140r.jpg) ![308 Iron Street - Photo 19](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f4284777291r.jpg) ![308 Iron Street - Photo 20](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f1214375059r.jpg) ![308 Iron Street - Photo 21](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f956729732r.jpg) ![308 Iron Street - Photo 22](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f2562252309r.jpg) ![308 Iron Street - Photo 23](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f1399309746r.jpg) ![308 Iron Street - Photo 24](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f3023502483r.jpg) ![308 Iron Street - Photo 25](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f3547519665r.jpg) ![308 Iron Street - Photo 26](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f3020548764r.jpg) ![308 Iron Street - Photo 27](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f3349395681r.jpg) ![308 Iron Street - Photo 28](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f698450266r.jpg) ![308 Iron Street - Photo 29](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f449862465r.jpg) ![308 Iron Street - Photo 30](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f1198840257r.jpg) ![308 Iron Street - Photo 31](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f3318849491r.jpg) ![308 Iron Street - Photo 32](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f977953269r.jpg) ![308 Iron Street - Photo 33](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f1147257363r.jpg) ![308 Iron Street - Photo 34](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f4098851933r.jpg) ![308 Iron Street - Photo 35](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f4035446289r.jpg) ![308 Iron Street - Photo 36](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f3419936092r.jpg) ![308 Iron Street - Photo 37](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f1267575768r.jpg) ![308 Iron Street - Photo 38](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f1144985632r.jpg) ![308 Iron Street - Photo 39](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f3922452547r.jpg) ![308 Iron Street - Photo 40](http://lh.rdcpix.com/1842fc70d3e2e6fb0c4dacd6c69a44c8l-f370127662r.jpg) --- **MLS#:** 50220053 | **Updated:** 2026-10-21 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/308-iron-street-negaunee-mi-49866-698da8b026a9441bacd958efb1358c50) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/308-iron-street-negaunee-mi-49866-698da8b026a9441bacd958efb1358c50#listing", "url": "https://www.propertysimple.ai/listing/308-iron-street-negaunee-mi-49866-698da8b026a9441bacd958efb1358c50", "name": "308 Iron Street, Negaunee, MI 49866", "description": "308 Iron Street is an opportunity to own a historic mixed-use building right in the middle of downtown Negaunee, with commercial space on the main floor and two impressive residential units above. For someone who has been thinking about opening a business of their own, this is a location worth considering. Downtown Negaunee has seen significant investment and improvement over the past several years, with major infrastructure and streetscape projects, new public spaces, events, and continued support for new and expanding businesses. Negaunee feels increasingly active, attracting both public and private investment along with a healthy demand for homes and apartments in the area. The main floor of 308 Iron Street is currently set up as commercial space with a mostly open layout plus additional offices or storage areas. Hardwood floors, high ceilings, and exposed brick make the space incredibly charming and wonderfully historic. The space would work well for retail, office, studio, or a number of other uses. There is also a rear entrance from the parking area along Jackson Street and a full basement with plenty of storage. Upstairs are two large residential units that genuinely feel like they belong in a major city like Chicago or New York. 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