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29386774
29386803

308 Cleveland Ave, Ishpeming, MI 49849 For Sale

FS
MI 6502420591
RE/MAX 1st Realty
DF
MI 6506048630
RE/MAX 1st Realty
Listed by RE/MAX 1st Realty
$1,070,000
173 days on market
Updated 64 days ago

The Gossard Building

Details
Property Type Mixed Use, Retail
Sub Type Shopping Center
Square Footage 72,000
Occupancy 75%
Price per SqFt $15
Year Built 1888
Buildings 1
Acreage 0.300
Zoning Commercial Business District

Mixed Use | 72,000 SqFt

Marketing 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.

Listing Contacts

FS
MI 6502420591
RE/MAX 1st Realty
DF
MI 6506048630
RE/MAX 1st Realty
Listed by RE/MAX 1st Realty

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Additional Information

Name
Fran Sevegney
License
6502420591
Brokerage Phone
9062251136
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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