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511 1st STREET, 
Menominee, MI 49858

$245,000

—

Bed

—

Bath

4,500

Sq Ft

Multi-Family

Pending

Listed by

Julie Derusha

Jd 1st Real Estate, Inc.

906-352-4140

Last updated:

April 28, 2026, 07:46 AM

MLS#

1954889

Source:

Metro MLS

About This Home

511 1st STREET

Incredible opportunity is located in the beautiful downtown historic district. So much potential, 4 rental units, 3 stories, generating income of $2190 per month. All tenants on a mo to mo basis. EXCELLENT rental history!! 1st floor is currently Retail Commercial property & boasts 2200+sq', Ideal location for any retail business or many other options. 3 Residential Rentals, 2 on the 2nd floor & 1 on the 3rd floor. Front unit overlooks the Bay of Green Bay, is 2 BR w/1136sq', Back unit is a 1 BR w/700sq', 3rd floor is 1 BR w/795sq', designated tenant parking, coin op laundry w/50/50 split with leasing co. Retail Business is also available for $30K & includes fixtures, equip, inventory, estab. client base. Established business 20+ yrs. Total Package $275,000Call Today!

Home Facts

Multi-Family

Built in 1890

Price Summary

245,000

$54 per Sq. Ft.

MLS #:

1954889

Last Updated:

April 28, 2026, 07:46 AM

Added:

a month ago

Rooms & Interior

Interior

Living Area:

4,500 Sq. Ft.

Structure

Structure

Building Area:

4,500 Sq. Ft.

Year Built:

1890

Lot

Lot Size (Sq. Ft):

2,613

Finances & Disclosures

Finances

Price:

$245,000

Price per Sq. Ft:

$54 per Sq. Ft.

Source:Metro MLS
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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.