$245,000

511 1st STREET, Menominee, MI 49858

  • 4,500 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $54/sqft
  • Property List Date Icon Listed 11 days ago

Property Description

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!

Listing Status:
Pending
Data Last Updated:
April 4, 2026 at 12:47PM
Listing Office:
JD 1st Real Estate, Inc. : 9063524140
Listing Agent:
Julie Derusha : 7159232216
MLS ID:
714857816200
  • Appliances: Seller Leased: Washer
  • Basement: Full
  • A/C: Central Air
  • General: Brick/StoneBrickOtherStone
  • Parking: Outdoor SpaceInside ParkingOutside
  • General: Apartment Building
  • Originating MLS: WIREX_METRO
  • School District: Menominee Area
  • County: MENOMINEE
  • Zoning: Local Shopping05100503000
  • Sewer: Municipal SewerMunicipal Water
  • Source: WIREX_METRO
  • Exclusions: Seller and Tenant personal effects

This listing courtesy of Julie Derusha , JD 1st Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Blesch Intermediate School

1200 11th Ave, Menominee, MI, 49858

Grades 3-6

0.84 miles away

M

Menominee Junior High School

2101 18th St, Menominee, MI, 49858

Grades 7-8

1.53 miles away

M

Menominee Senior High School

2101 18th St, Menominee, MI, 49858

Grades 9-12

1.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.