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$ 1,070,000
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72,000 SqFt
$ 1,070,000
Est. payment | /mo
72,000 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 72,000 sqft
Price per Sqft $14
Subdivision Mi
MLS Listing ID 50190059
Year Built 1888
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 138 x irregular
Property Sub-Type Commercial/Industrial
Property Description
Historic Mixed-Use Gem for Sale: The Gossard Building (Pioneer Square), Ishpeming, Michigan. An iconic landmark in downtown Ishpeming, the Gossard Building (also known as Pioneer Square) offers a rare opportunity: a four-story, solid brick structure, steeped in history, yet primed for vibrant, modern reuse. Listed on the National Register of Historic Places, this building merges original character with versatile commercial potential. Historic pedigree: Built in 1888 and expanded/renovated in 1903-04, with additions over the decades. Known for its origins as a dry goods/general store, later for manufacturing (corsets/brassieres), now hosting a myriad of different businesses. Architectural character: The facade spans approximately 150 ft along Cleveland Avenue, divided into six bays, trimmed with rock-face sandstone belt courses and raised piers. Many original details remain: pressed metal ornamentation on ceilings/walls, large windows, maple floors. Mixed-use layout: First floor: Retail / shop / mall space, ideal for storefront businesses. Second & third floors: Flexible office leasing spaces of various sizes. Fourth floor: Mostly unused—storage space with potential for redevelopment. Structural & aesthetic integrity: Thick brick firewall divides the east / west sections; original maple flooring; sturdy foundation; strong “bones” with architectural details for those passionate about preservation. Activate the under-utilized fourth floor: convert to lofts, more offices, or creative spaces. Expand retail/on-site food & beverage uses on the street level to draw foot traffic. Leverage the historic designation to access tax credits, grants, or incentives for restoration. Utilize its central location in downtown for cultural, artisan, or service-oriented businesses. Why This Building Matters: It's not just real estate — it's a piece of Ishpeming's story: built by Norwegian immigrant Frederick Braastad, serving the community in multiple roles (store, manufacturing, community hub). Its prominent location and size make it a landmark. Any occupant will benefit from recognition and visibility. Sale includes 317 E Pearl vacant lot Parcel ID# 52-51-300-079-00 a 35x95 lot and 313 E Pearl St. A duplex with 2,726 sq. ft of living space that includes 3 commodious bedrooms, 1 1/2 baths on both sides. 315 side had a remodel in 2022 of the kitchen and upstairs bathroom, new cabinets and counter tops, dishwasher, new vinyl chic flooring. There is no washer and dryer but hookups available. In addition, 313 side had the water heater replaced in 2024. Both sides are currently occupied with leases. The information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied as to the accuracy of the information. References to square footage, lot size/dimensions, and age are approximate. Buyer must verify the information and bear all risk for inaccuracies. Taxes are not zero and may change upon sale.
Location
State MI
County Marquette
Area Ishpeming (52013)
Zoning Commercial
Interior
Heating Boiler, Hot Water
Cooling Ceiling Fan(s), Partial
Exterior
Parking Features 6-10 Spaces, Off Street, Parking Lot
Roof Type Flat
Building
Foundation Basement
Water Public Water
Structure Type Brick,Stone
Others
Ownership LLC
SqFt Source Assessors Data
Energy Description Natural Gas
Financing Cash,Commercial Loan
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX 1ST REALTY
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