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 building. Currently Ishpeming has only 2 AIRBNB's this one being one of them. This is a booming business and hitting our area. Ishpeming has very little short term rental space or hotels. This business is one block from the snowmobile/ATV trail. The basement also has possibilities, as it is clean, dry and has a toilet room, a shower room, plumbing for a sink, and tons of storage. Much care has been given to this building. It is all set for you to put your own business or office into or rent the space to other business owner's. And continue the AIRBNB upstairs and rent out the garage.
Penne Figueiras, Broker Associate
CENTURY 21 Prime Realty
2684 U.S. 41 West
Marquette, MI 49855
Phone: (906) 228-5230 ext 138
Cell: (906) 362-4994
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