105 S Main St - Retail FOR SALE


Ishpeming, MI 49849
$335,000 USD
906-360-0796
105 S Main St, Ishpeming, MI for Sale
$335,000 USD
Retail - FOR SALE
1/36
null | Request Cap Rate

NEW


105 S Main St
Ishpeming, MI 49849


OVERVIEW

Great opportunity in Downtown Ishpeming for your budding business or dreams of commercial land-lording! Currently home to the popular Velodrome Coffee Company, this commercial building boasts two commercial spaces with tons of potential. with a total of 5,392 above ground sqft and an additional 4,766 below-ground dry storage space, the possibilities are endless. Velodrome's space accounts for 3,851 sqft of open workspace with a classy cafe up front, and prep space in the back, including a man door and a larger loading door for big deliveries. Their lease currently runs through the end of 2026. The space next door is a little over 1500sqft consisting of a storefront/display space up front, and then various spaces to the back of the building, leading to the back door of the public parking lot which can be used by owners or renters. Both units have restrooms and would be well suited for a variety of business endeavors. Open your new operation in the vacant space and let the existing lease cover a chunk of your costs!

FOR SALE DETAILS

PRICE

$335,000 USD

PRICE/SF

$33 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial

APN/PARCEL ID

52-51-050-082-00

ASK ABOUT THIS PROPERTY

Dawn FlorioRe/Max 1st RealtyMore Info
906-360-0796

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Dawn FlorioRe/Max 1st RealtyMore Info
906-360-0796

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.