308 Iron, Negaunee, MI 49866
Local realty services provided by:CENTURY 21 Realty North
308 Iron,Negaunee, MI 49866
$485,000
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: erin wasik
Office: re/max 1st realty
MLS#:50220144
Source:MI_REALSOURCE
Price summary
- Price:$485,000
About this home
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, wainscoting, 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!...
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Home facts
- Year built:1900
- Subdivision & Development:Iron
- Listing ID #:50220144
- Added:47 day(s) ago
- Updated:October 15, 2026 at 10:36 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Range/Oven, Refrigerator
- Basement Description:Full
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Forced Air
Structure and exterior
- Year built:1900
- Lot area:0.2 Acres
- Construction Materials:Brick
- Foundation Description:Basement
- Levels:2 Story
Utilities
- Water:Public Water
- Sewer:Public Sanitary
Finances and disclosures
- Price:$485,000
- Tax amount:$3,405
Features and amenities
- Appliances:Range/Oven, Refrigerator
- Amenities:9 ft + Ceilings, Cathedral/Vaulted Ceiling
Parking
- Parking description:3 or More Spaces
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