113 N 2nd St Ishpeming, MI 49849
Estimated payment $1,323/month
Total Views
6,640
2
Beds
4
Baths
4,573
Sq Ft
$55
Price per Sq Ft
Highlights
- Wood Flooring
- Restaurant
- Ceiling height of 9 feet or more
- Walk-In Closet
About This Home
**Turn Key Restaurant with 2-Bedroom Residence Above in Ishpeming – Formerly Known as The Venice! This remarkable property inIshpeming presents an exciting turn-key opportunity for any restaurateur or investor. Previously known as The Venice, the restaurant isfully equipped and ready to welcome guests immediately. The main level features a welcoming dining area with beautiful skylights,adding natural light to the space, and two pool tables for entertainment. A full-service bar area and a well-appointed 2 level kitchen withall the necessary equipment, including pizza ovens, commercial range, steam table, 3 and 2 compartment fryers and a walk-inrefrigerator and freezer and a silent food lift that connects both levels, ensure the restaurant runs efficiently. The spacious, lower-levelkitchen is perfectly designed for a bakery, providing ample space and the right setup for anyone looking to expand their culinaryofferings. Dish tank is located in the basement as well to minimize the shound in the dining area. A Silent Food Lift connects both kitchenlevels for ease of service. Above the restaurant, the 2-bedroom residence features stunning hardwood floors throughout, offering a cozyand comfortable living space for owners or staff. There is also an office or storage area with it’s own bathroom that can be rented out aswell or added to the living area. This home provides a perfect balance of private living and business in one convenient location. Witheverything you need to run a successful restaurant and bakery, this property offers great potential in a prime Ishpeming location. Don’tmiss out on this opportunity to own a piece of local history and start your next venture today! Home is cross listed with a commercial listing. MLS #50180841
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1960
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 35x150
Home Design
- Stone Siding
- Stucco
Interior Spaces
- 2-Story Property
- Ceiling height of 9 feet or more
- Window Treatments
- Oven or Range
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
Basement
- Michigan Basement
- Partial Basement
Parking
- 1 Car Parking Space
- On-Street Parking
Utilities
- Radiator
- Heating System Uses Natural Gas
- Electric Water Heater
Community Details
- Original City Of Ishpeming Subdivision
- Restaurant
Listing and Financial Details
- Assessor Parcel Number 52-51-050-141-00
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $28 | $100,650 | $0 | $0 |
| 2024 | $28 | $101,550 | $0 | $0 |
| 2023 | $648 | $64,750 | $0 | $0 |
| 2022 | $3,316 | $55,350 | $0 | $0 |
| 2021 | $3,235 | $57,250 | $0 | $0 |
| 2020 | $3,174 | $55,350 | $0 | $0 |
| 2019 | $3,120 | $54,450 | $0 | $0 |
| 2018 | $3,033 | $53,500 | $0 | $0 |
| 2017 | $2,956 | $51,450 | $0 | $0 |
| 2016 | $2,878 | $46,000 | $0 | $0 |
| 2015 | -- | $46,000 | $0 | $0 |
| 2014 | -- | $46,000 | $0 | $0 |
| 2012 | -- | $44,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | For Sale | $250,000 | -- | $55 / Sq Ft |
Source: Upper Peninsula Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $175,000 | Transnation Title Agency | |
| Deed | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $140,000 | New Conventional |
Source: Public Records
About the Listing Agent
LISA's Other Listings
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50188033
APN: 52-51-050-141-00
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