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318 Iron, 
Negaunee, MI 49866

$499,900


3

Beds


3

Baths


6,250

Sq Ft


Single Family

Active

Listed by

Kristine Goupille

RE/MAX 1st Realty

906-225-1136

Last updated:

April 15, 2025, 10:15 AM

MLS#

50161483

Source:

MI REALSOURCE

About This Home

318 Iron

Step into history with modern luxury in this extraordinary 1913 National Bank building in Negaunee. Offering over 3000 sq ft of meticulously designed residential living space on the second floor, this one-of-a-kind property combines timeless architecture with contemporary comforts. The residence features 3 bedrooms and 2.5 baths, an open concept living, kitchen and foyer area, and soaring 11 foot ceilings throughout. The design incorporates the buildings rich history, including original interior windows and stunning 16 foot atrium ceilings from its early bank office days. Every detail has been custom-finished with care, making this space as unique as it is elegant. The kitchen is a chef's dream, boasting custom cabinetry, quartz countertops, stainless steel appliances, and a large center island with wine rack and built-in cooktop. A formal dining area and spacious living room provide scenic views of Iron St below to watch the changing seasons and social activities of this busy little community. The primary bedroom suite is a retreat of its own, located just a few steps up from the home office and showing off that stunning atrium ceiling. The bathroom has heated floors, a luxurious soaking tub and an extra large walk-in shower, while the laundry area is conveniently connected to the walk-in closet. Down the wide hallway you'll pass by the original walk-in bank vault, which makes for excellent storage space or possibly a library. Make your way down to two more bedrooms with 2 baths and a rear stairway with original brick walls. Main floor commercial space is yet another 3150 sq ft, stepping one back in time with a space that retains its original charm from the building's days as a bustling bank. Highlights include the 14 foot ceilings, atrium windows, mosaic tile floors, and an antique lamp rumored to be a Tiffany creation. The centerpiece of this level is a remarkable circular radiator with a marble top--a true conversation piece. A walk-in bank safe remains intact, alongside additional office and storage rooms, offering endless possibilities for creative use and preservation. The basement, once home to a long running printing shop, is a blank canvas ready to be transformed into your own vision. Building has 3 phase electrical and a new boiler servicing the residential level. New boiler for main floor and basement to be installed sometime in March. This property is a testament to Negaunee's rich history and offers the rare opportunity to own a piece of the past while enjoying the finest in modern living. Whether you're looking for a unique residence, a mixed use business opp, or simply an iconic piece of architecture, this building is truly one of a kind.

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 1913

Price Summary

499,900

$79 per Sq. Ft.

MLS #:

50161483

Last Updated:

April 15, 2025, 10:15 AM

Added:

5 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

1

Interior

Living Area:

6,250 Sq. Ft.


Structure

Structure

Architectural Style:

Historic

Building Area:

7,750 Sq. Ft.

Year Built:

1913


Lot

Lot Size (Sq. Ft):

8,712


Finances & Disclosures

Finances

Price:

$499,900

Price per Sq. Ft:

$79 per Sq. Ft.

Source:MI REALSOURCE
The information being provided by MiRealSource, Inc. is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 MiRealSource, Inc. All rights reserved.

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