100 Marquette

Ironwood, MI 49938
  • $950,000

    Price
  • 0

    Bed
  • Bath
  • 45,544

    SqFt

About the Listing 106762 - 694762,694758

This former school has been thoughtfully transformed into highly desirable apartments that combine historic character with modern living. With a long-standing history of exceptionally low vacancy rates—currently at 100% occupancy—this property offers a proven income stream. The complex features 26 units in a variety of floor plans, ranging from one to three bedrooms and one to two bathrooms. Many units showcase refinished hardwood or terrazzo floors, original woodwork, and spacious open layouts, while others offer cozy carpeting for added comfort. Residents enjoy convenient amenities including: Coin-operated laundry facilities on two levels, wide, airy hallways, dedicated bicycle storage, and on-site parking. Ideally located, the property is just minutes from downtown festivities, dining, entertainment, trail systems, and local religious establishments. Its central setting and historic charm make it a consistently attractive option for tenants and a unique investment opportunity for discerning buyers.

Listing Highlights for 100 Marquette

Status Active
Days on Site 38
Property Type Business Opportunity
MLS ® 50189700
Year Built 1900
Total Square Footage 45,544
Lot/Acreage 0.95
County Gogebic
Neighborhood None

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Ceiling Fan(s),Wall/Window A/C
  • Heating: Baseboard,Boiler,Electric Heat,Radiant
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 45544
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Lot Description: Brownfield Redev
  • Garage Capacity: N/A
  • Lot Dimensions: 200x207
  • Zoning: Commercial,Residential
  • Roof: Tar/Gravel
  • Others: Security Lighting,Garden Area
  • Sewer: Public Sanitary
  • Parking Features: 21+ Spaces,Off Street,Parking Lot

Financial Details

  • Tax Amount: $10,764
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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100 Marquette Ironwood, MI 49938

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Originating MLS: Upper Peninsula Assoc of Realtors

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