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308 Iron, 
Negaunee, MI 49866

$485,000


4

Beds


2

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Erin Wasik

RE/MAX 1st Realty

906-225-1136

Last updated:

September 11, 2026, 10:58 AM

MLS#

50220144

Source:

MI REALSOURCE

About This Home

308 Iron

308 Iron Street is an opportunity to own a historic mixed-use building right in the middle of downtown Negaunee, with commercial space on the main floor and two impressive residential units above. For someone who has been thinking about opening a business of their own, this is a location worth considering. Downtown Negaunee has seen significant investment and improvement over the past several years, with major infrastructure and streetscape projects, new public spaces, events, and continued support for new and expanding businesses. Negaunee feels increasingly active, attracting both public and private investment along with a healthy demand for homes and apartments in the area. The main floor of 308 Iron Street is currently set up as commercial space with a mostly open layout plus additional offices or storage areas. Hardwood floors, high ceilings, wainscoting, and exposed brick make the space incredibly charming and wonderfully historic. The space would work well for retail, office, studio, or a number of other uses. There is also a rear entrance from the parking area along Jackson Street and a full basement with plenty of storage. Upstairs are two large residential units that genuinely feel like they belong in a major city like Chicago or New York. Incredibly high ceilings and lots of windows allow natural light to pour in over the hardwood floors. An owner could live above their business in a beautiful unit with a large bathroom finished in marble tile and its own steam room. Or, you could choose to rent the units out for an additional revenue stream. The building also has separate heating systems for each level. With commercial space along Iron Street, residential income potential upstairs, and a downtown that has undergone substantial investment in recent years, 308 Iron Street gives its next owner a lot of different ways to make the building work for them. Schedule your showing today!

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1900

Subdivision & Development:

Iron

Price Summary

485,000

MLS #:

50220144

Last Updated:

September 11, 2026, 10:58 AM

Added:

19 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2


Structure

Structure

Year Built:

1900


Lot

Lot Size (Sq. Ft):

8,712


Finances & Disclosures

Finances

Price:

$485,000

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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.