207 E Pearl Street Ishpeming, MI 49849

Active

$699,900

Market Estimate

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2,790 sq. ft.
0.12 Acres
Commercial
MLS# 50150945

Listing provided courtesy of: COLDWELL BANKER SCHMIDT REALTORS - 906-225-5992

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Property Details

Description Tours

One of Upper Michigan's finest Italian dining restaurants, Mama Mias could be yours. This long established business is a sought-after dining experience for many. The restaurant is known for it's long-held, authentic Italian, recipes. Nestled in the heart of downtown Ishpeming, Mama Mias attracts customers far and wide. Whether it's families in the summer tourist season, or snowmobilers in the beautiful winters, Mama Mias serves them all. This is a turn key operation being sold - the real property; building and lot, the business itself with inventory, supplies, POS system, Class C Liquor License and it's closely held recipes. Mama Mia's is an operating business. Be sure to check out the 3-D tour. Please contact your agent for a reserved showing.

General Features
- Acreage 0.12
- Area Municipality Ishpeming (52013)
- County Marquette
- Originating MLS Upper Peninsula Assoc of Realtors
- Ownership LLC
- Total SqFt Finished 2790
- Waterfront Y/N No
- Year Built 1903
- ZONING Commercial
Building Features
- Cooling System Ceiling Fan(s), Central A/C, Exhaust Fan, Humidity Control
- Exterior Construction Brick, Brickcote, Stucco
- Foundation Type Basement
- Heating System Forced Air, Zoned Heating
- FUEL TYPE Natural Gas
- Roofing Rubber, Tile
Property Features
- Water Public Water
- Water Features None
- LOT DESCRIPTION Storm Drains,Utilities Underground
- PARKING Municipal,Off Site
- Lot Size 105x50
- Roads City/County, Curbed, Paved Street
- Sewer Septic Public At Street

Neighborhood

49849 (Ishpeming) Demographics

42 Median Age

42 Population Density (per sq. mile)

37% College Educated

$56,667 Estimated Median Income

4,146 Estimated Total Home Owners

972 Estimated Total Renters

81% / 19% Estimated Owner / Renter Divide

2 Estimated Average Household Size

12,375 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$167,500 Median Sales Price

14 Homes Sold

20 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $699,900
11/12/2024 8:22:01 PM	Price Reduced Source: Multiple Listing Service	New Value: $699,900	-3.46%
8/5/2024 6:30:00 PM	New in Database Source: Multiple Listing Service	New Value: $725,000

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* This payment calculator is intended for educational and planning purposes only.
** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.