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205 Fifth, 
Calumet, MI 49913

$499,900


3

Beds


4

Baths


-

Sq Ft


Multi-Family

Active

906-225-5992

Last updated:

November 1, 2026, 02:48 PM

MLS#

50225549

Source:

MI REALSOURCE

About This Home

205 Fifth

Calling all investors and business owners! This 1890 mixed use building in the heart of historic downtown Calumet offers four units, with two commercial storefronts and a one bedroom apartment on the main level and a two bedroom apartment on the upper level above one of the storefronts. With a prime location on Fifth Street, sidewalk frontage, and large display windows, the visibility is hard to beat! The rear of the building offers off street parking and alley access. The 207 Fifth Street Unit features hardwood floors in the front showroom, tin style ceilings, display windows, and a reception counter. Down the hall are private offices or rooms, a kitchenette, a bathroom, and rear access. Both apartments have been completely updated! The upstairs two bedroom unit offers an open concept kitchen and living area with an exposed timber post, shaker style cabinets, stainless steel appliances, recessed lighting, and wood look flooring. The main level one bedroom unit has a great kitchen with stainless steel appliances and plenty of counter space, a spacious living area, and a nice sized bedroom. Both units have updated bathrooms. The exterior has been updated with new siding / trim, and new rear stairs, and the building also has a new sprinkler system, new electrical, two new furnaces, a new water line from the alley, a new sewer drain line to the alley, and separate utilities for all four units, making this a truly turn key property! Downtown Calumet is the heart of the Keweenaw’s Copper Country history, with shops, restaurants, and attractions just steps away. Whether you want to operate your own business, live on site, or add to your portfolio, this is an opportunity you do not want to miss! Seller financing of up to 20% of the purchase price may be available, subject to buyer qualification, lender approval and mutually acceptable terms.

Home Facts

Multi-Family

4 Baths

3 Bedrooms

Built in 1890

Subdivision & Development:

Village/Calumet

Price Summary

499,900

MLS #:

50225549

Last Updated:

November 1, 2026, 02:48 PM

Added:

15 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

2


Structure

Structure

Year Built:

1890


Lot

Lot Size (Sq. Ft):

3,049


Finances & Disclosures

Finances

Price:

$499,900

MLS Logo
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.