$5,936

closing credit¹

318 Iron St Negaunee, MI 49866

$499,900
3 beds
1 full, 2 partial
6,250 sqft
0.2 acres
$80 / sqft
House

Property details

About 318 Iron St

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.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Steam, Hot Water
StatusActive
Size6,250 sqft
BasementYes
Lot size0.2 Acres
Year built1913
Parking3 or More Spaces
MLS #50161483

Summary

  • MLS Number: 50161483
  • MLS Name: Upper Peninsula Assoc of Realtors
  • Office Name: RE/MAX 1ST REALTY
  • Office Phone: (906) 225-1136
  • Office Email: callremax1st@remaxmarquette.com
  • Listing Agent: KRISTINE GOUPILLE

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$499,900

318 Iron St

$5,936

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$154,250$5,154
2023$154,050$-
2022$83,900$-
2021$87,250$-
2020$83,900$-

History based on county public records data.

Nearby schools

6

Lakeview School

Public District PK-4

0.9 mi

200 Croix St

5

Birchview School

Public District PK-4

2.6 mi

663 Poplar St

6

Superior Hills Elementary School

Public District PK-5

9.5 mi

1201 S McClellan Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,500. The majority of Negaunee, MI residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

35%
<35k
57%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

47%
Single, No Kids
11%
Single, with Kids
26%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
39%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating
  • MotocrossMotocross

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart
  • GameStopGameStop

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • SonicSonic

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • JeepJeep

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 318 Iron St

This home is located at 318 Iron St in Negaunee, MI and zip code 49866. This 6,250 square foot home, which was built in 1913, sits on a 0.20 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $499,900.

In January 2025, from all listings sold in Negaunee, MI there were more than 0 sold above asking price, over 4 sold below and more than 4 were sold right at the asked price. The number of listings in Negaunee, MI decreased by 12% between December and January 2025. While the average time on the market in January 2025 was 15 days, the median list price was $216,950.

From Rocket Homes Real Estate and based on county public records data.

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