511 1st STREET, Menominee, MI 49858

Menominee
Local realty services provided by:Better Homes and Gardens Real Estate Special Properties
Listed by: julie derusha
Office: jd 1st real estate, inc.
MLS#:1954889
Source:Metro MLS
511 1st STREET,Menominee, MI 49858
$245,000
  • - Beds
  • - Baths
  • 4,500 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$245,000
  • Price per sq. ft.:$54.44

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 $275,000Call Today!

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Home facts

  • Year built:1890
  • Listing ID #:1954889
  • Added:5 day(s) ago
  • Updated:March 29, 2026 at 03:10 PM

Rooms and interior

  • Basement Description:Full
  • Living area:4,500 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:1890
  • Building area:4,500 sq. ft.
  • Lot area:0.06 Acres
  • Construction Materials:Brick, Brick/Stone, Stone

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$245,000
  • Price per sq. ft.:$54.44
  • Tax amount:$5,324 (2025)

Features and amenities

  • Laundry features:Seller Leased: Washer

Parking

  • Parking description:Inside Parking, Outdoor Space, Outside
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