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115 Cleveland, Ishpeming, MI 49849

$174,900
Commercial Property MLS# 1103425 ID: 46566337
$174,900 Get Rates

Comm Bldg/No Business - Ishpeming, MI
This wonderful historic building in downtown Ishpeming was constructed in 1880 as the Murdock House that served as a residential hotel for 30 years, Throughout the early 1900's it transitioned from hotel to commercial space with living quarters housing many businesses throughout the years. In 1929 it became Olson's News, a newspaper, sundry and tobacco shop and operated as this for 50 years. In 2000 the property was purchased by a local resident who has been slowly bringing this fabulous building back to life. With more than 5000 sq feet plus a large basement which is very clean and dry, it is now 2 large commercial spaces on the main floor, 2 large apartments upstairs and an attached 2+ commercial heated 2 car garage with work bench, suitable for a mechanic. The options for this building are endless....The current owner has completely renovated the front fascade bringing it back to its former look from the early 1900's. Giving it a new rubber roof, new windows, new stucco fascade, and two of the most beautiful special made solid wood entry doors. All electrical is up to date and up to code, all 4 zones. Sewer to bank street has been redone. Asbestos professionally abated, boiler brand new in 2000 and rebuilt in 2015. Store space #113 has new ceiling, walls and floor in 2016. New insulation blown into the attic in 2012 with new ceiling fans. New toilets. The space provides one store front/office space of 1000 sq ft and one with 1400 sq ft with a laundry area and toilet room. The store fronts have large nice display windows. Upstairs there are 2 large apartments, one 1 bedroom and one 2 bedroom. Apt 115A will be sold furnished. This apartment has been listed on AIRBNB as a short term rental and has a very positive track record of rental. The 1 bedroom apartment has been being used as the owner's living quarters, which gives the taxes a 40% homestead. This would be ready to also short term rent. The rent from these would be ample to support this bui

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Location Information near 115 Cleveland
Offered by LISA MONGIAT at CENTURY 21 PRIME REALTY

Would you like more information regarding this property?
Please call (906) 228-5230.

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Property Features for 115 Cleveland
Status
Market Status
Available
Last Updated
August 21, 2017
Description
Property Type
Commercial Property
Year Built
1880
Stories
2.0
Approx. Lot Size
0.10 Acres

Building Features

  • Basement
  • Heating System: Hot Water
  • Stories: 2.0
  • Heating Fuel: Natural Gas

Exterior Features

  • Exterior Construction: Stucco

Listing Features

  • Property Type: Commercial; Comm Bldg/No Business
  • LISA MONGIAT
  • CENTURY 21 PRIME REALTY

Data Provided by:
Upper Peninsula Association of Realtors

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More information about this $174,900 Commercial Property at 115 Cleveland

This $174,900 Commercial Property at 115 Cleveland in Ishpeming, MI is presented by LISA MONGIAT. This $174,900 Commercial Property, located in the 49849 zip code, has the following property features: Stories, Heating Fuel, Basement, Exterior Construction. This 115 Cleveland Commercial Property, located in Marquette County , is listed under MLS listing number 1103425 and has a listing price of $174,900. You can find more ISHPEMING homes for sale here.