318 Iron Street Active

Negaunee,MI 49866

$ 499900

- Bed

- Bath

8500 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 8,500 sqft

Price per Sqft $58

Subdivision Mi

MLS Listing ID 50161457

Year Built 1913

Annual Tax Amount $5,154

Tax Year 2024

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 36x130+-

Property Description

Step into history with modern luxury in this extraordinary 1913 National Bank building in Negaunee. Offering over 3000 sq ft of meticulously designed residential living space on the second floor, this one-of-a-kind property combines timeless architecture with contemporary comforts. The residence features 3 bedrooms and 2.5 baths, an open concept living, kitchen and foyer area, and soaring 11 foot ceilings throughout. The design incorporates the buildings rich history, including original interior windows and stunning 16 foot atrium ceilings from its early bank office days. Every detail has been custom-finished with care, making this space as unique as it is elegant. The kitchen is a chef's dream, boasting custom cabinetry, quartz countertops, stainless steel appliances, and a large center island with wine rack and built-in cooktop. A formal dining area and spacious living room provide scenic views of Iron St below to watch the changing seasons and social activities of this busy little community. The primary bedroom suite is a retreat of its own, located just a few steps up from the home office and showing off that stunning atrium ceiling. The bathroom has heated floors, a luxurious soaking tub and an extra large walk-in shower, while the laundry area is conveniently connected to the walk-in closet. Down the wide hallway you'll pass by the original walk-in bank vault, which makes for excellent storage space or possibly a library. Make your way down to two more bedrooms with 2 baths and a rear stairway with original brick walls. Main floor commercial space is yet another 3150 sq ft, stepping one back in time with a space that retains its original charm from the building's days as a bustling bank. Highlights include the 14 foot ceilings, atrium windows, mosaic tile floors, and an antique lamp rumored to be a Tiffany creation. The centerpiece of this level is a remarkable circular radiator with a marble top--a true conversation piece. A walk-in bank safe remains intact, alongside additional office and storage rooms, offering endless possibilities for creative use and preservation. The basement, once home to a long running printing shop, is a blank canvas ready to be transformed into your own vision. Building has 3 phase electrical and a new boiler servicing the residential level. This property is a testament to Negaunee's rich history and offers the rare opportunity to own a piece of the past while enjoying the finest in modern living. Whether you're looking for a unique residence, a mixed use business opp, or simply an iconic piece of architecture, this building is truly one of a kind.

Location

State MI

County Marquette

Area Negaunee (52021)

Zoning Mixed Use

Interior

Heating Boiler

Cooling None

Exterior

Parking Features 3-5 Spaces,Municipal,On Site

Roof Type Rubber

Building

Foundation Basement

Water Public Water

Structure Type Cement,Full Masonry

Others

Ownership Private

SqFt Source Assessors Data

Energy Description Natural Gas

Financing Cash,Commercial Loan,Conventional,Conventional Blend

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