$245,000

511 1st St Menominee, MI 49858

Total Views 78
-- Bed
-- Bath
4,500 Sq Ft
$54 Price per Sq Ft

About This Home

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 $275,000 Call Today!

Listing Agent

Julie Derusha

JD 1st Real Estate, Inc. License #MI 65022408300 WI 47754-90 Listed on: 03/23/2026

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,500 Sq Ft Home
  • Stone Flooring
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Exclusions: Seller and Tenant personal effects
  • Assessor Parcel Number 05100503000

Property Details

Home Type

Multi-Family

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.06
  • Inclusions: 3 Stoves, 4 Refrigerators, Window Treatments
  • Directions: Downtown Menominee
  • Special Features: None

Interior Features

  • Owner Pays: None
  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Seller and Tenant personal effects
  • Construction Type: Other, Stone, Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Menominee Area (MI)

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Parcel #: 05100503000

Rental Info

  • Tenant Pays: Sewer, Water, Electricity, Heat, Gas

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2026 03/23/26 For Sale $245,000 -- $54 / Sq Ft
Source: Metro MLS

Source: Metro MLS

MLS Number: 1954889

Metro MLS

APN: 051-005-030-00

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