511 1st Street

Menominee, MI 49858

$245,000
Price
—
Beds
—
Baths
4,500 Sq. Ft.
$54 / Sq. Ft.
4,500
Sq. Ft.
$54
per Sq. Ft.
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Pending
Pending
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Back Room of Retail
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Back Room Storage
1st Floor rest room
1st floor kitchenette
Living room overlooking the Bay
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Kitchen
Front Apt BR
BR 2
Bath
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Back Apt LR
Back Apt LR
Back Apt Kitchen
Back Apt BR
Back Apt Bath
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3rd Floor Apt LR
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3rd Floor Kitchen
3rd Floor BR
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3rd Floor Ba
2nd floor Hallway w Back Entrance
Tenant Parking & Back Entrance
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Front Entrance to Apartments & Retail
1st Floor Retail
2nd Floor Front Bay View
2nd Floor Back
3rd Floor
Hallway with front & back entrances

Description

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',...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!
  1. Listed by Julie Derusha • Brokerage DRE #6505-408299 MI • JD 1st Real Estate, Inc.
    P: (715)-923-2216 C: (715)-923-2216 derushajulie@gmail.com

Amenities

  • Full Basement
  • Laundry
LISTING UPDATED: 04/03/2026 03:06 PM

Property Details for 511 1st Street

StatusPending
MLS #1954889
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1890
Lot Size0.06 AC / 2,613 SF
CountyMenominee County
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Location

Listing Courtesy of JD 1st Real Estate, Inc.
Add your commute

Building Information for 511 1st Street

Stories-Residences-Year Built1890Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

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$1,653 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,234

Property Taxes

$419

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 511 1st Street

Summary
Location and General Information
  • Directions: Downtown Menominee
  • Latitude: 45.10389
  • Longitude: -87.602357
  • Postal Code: 49858
  • Zoning Description: Local Shopping
Parking
  • Attached Garage: No
  • Parking Features: Outdoor Space
Taxes and HOA
  • Parcel Number: 05100503000
School Information
  • High School District: Menominee Area (MI)
Property
Lot Information
  • Building Area Total: 4500.0
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Source: Public Record
  • Lot Size Square Feet: 2613.6
  • Lot Size Units: Acres
Property and Assessments
  • Exclusions: Seller and Tenant personal effects
  • Inclusions: 3 Stoves, 4 Refrigerators, Window Treatments
  • Year Built: 1890
Utilites
  • Sewer: Municipal Sewer
Interior and Exterior Features
Interior Features
  • Basement: Full
  • Basement: Yes
  • Bathrooms Total Integer: 0
  • Construction Materials: Other, Stone, Brick
Multi Family
Income & Expenses
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Operating Expense: $.00
Rental
Rent Information
  • Tenant Pays: Sewer, Water, Electricity, Heat, Gas

Property History for 511 1st Street

DateEvent & SourcePriceAppreciation
Apr 3, 2026

Contract Signed

MetroMLS #1954889

—
Mar 23, 2026

Listed (Active)

MetroMLS #1954889

$245,000—
DateEvent & SourcePrice
04/03/2026

Contract Signed

MetroMLS #1954889

—
03/23/2026

Listed (Active)

MetroMLS #1954889

$245,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 511 1st Street

Taxable ValueLand$5,900Additions$86,400Total$92,300
Tax Record2024$5,031 ($419 / month)
Home Facts
Total Finished SqFt4,500 SqFtAbove Grade Finished SqFt4,500 SqFtLot Size2,701 SqFtStyleMiscellaneous CommercialZoningR1CountyMENOMINEEAPN051-005-030-00

Schools near 511 1st Street

This home is within Menominee Area Public Schools.
Rating
School
Type
Grades
Distance
Central Elementary School
Public - PK to 2
Blesch Intermediate School
Public - K to 5
Menominee Jr High School
Public - 6 to 8
Menominee High School
Public - 9 to 12
Rating
School
Distance
Central Elementary School
PublicPK to 2

Blesch Intermediate School
PublicK to 5

Menominee Jr High School
Public6 to 8

Menominee High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of JD 1st Real Estate, Inc.

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