105/109 E Main St — Sale in Ishpeming, MI

  • Price: $335K
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Ishpeming, MI 49849
  • Size: 10,158 SF

Investment Figures

Price per square foot
$33

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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!

Market Context

This retail in Ishpeming, MI is listed for sale at $335,000 across 10,158 SF. It has been on the market for 74 days. Compare it against other retail listings for sale in Ishpeming, MI — view the full market.

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