127 E Hewitt Avenue $1,499,900

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    127 E Hewitt Avenue Marquette, MI 49855

    • 2,044 sq. ft.
    • 0.45 Acres
    • Commercial
    • MLS# 50148927
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    Views: 45 Days On Site: 91

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    Property Details

    Looking for a new challenge, ready to be your own boss? This unique property on Marquette's East Side might be your ticket! The Neighborhood spot along with a six bed, two bath home could be a great investment opportunity. Just shy of 1/2 acre this unique commercial property sits on a corner lot! The Neighborhood Spot is 916 sq. ft. of inventory, a staple for many to grab milk, pick up your daily lottery tickets and perhaps an adult beverage or two! Check out the impressive wine inventory. It would be a perfect spot to sell ice cream from the exterior window! The home has a solid rental history, currently bringing in $3300 per month with a lease through April '25. The 6bd, 2ba home has a new front façade, deck, roof & external doors. The majority of interior of the home has recently been professionally cleaned and painted. The new stair coverings on the unique staircase makes for a beautiful first impression. Access the unfinished Michigan basement from within the home as well as a lower level walkout. This home was built in the late 1800's as documented by a photograph of the original owners, however on city records it shows 1912. Reach out to your agent to check out this awesome investment opportunity. Financials are available for serious buyers upon receipt of a confidentiality agreement. Home is 2044 finished sqft. 896 unfinished sqft., below ground. Spot is 916 sq ft., on a slab crawl space under storage.

    • General Features
      • Acreage 0.45
      • Area Municipality Marquette (52016)
      • County Marquette
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership LLC
      • Total SqFt Finished 2044
      • Waterfront Y/N No
      • Year Built 1912
    • Building Features
      • Exterior Construction Aluminum, Frame, Shingle
      • Exterior Features Deck/Patio, Security Lighting
      • Heating System Boiler, Hot Water
    • Property Features
      • Water Public Water
      • Water Features None
      • Lot Size 100x150
      • Roads City/County
      • Sewer Septic Public Sanitary

    Neighborhood

    49855 (Marquette) Demographics

    34 Median Age
    136 Population Density (per sq. mile)
    52% College Educated
    $53,759 Estimated Median Income
    7,988 Estimated Total Home Owners
    5,242 Estimated Total Renters
    60% / 40% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    32,863 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $309,500 Median Sales Price
    18 Homes Sold
    17 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: $1,499,900
        7/18/2024 10:53:00 AM New in Database Source: Multiple Listing Service New Value: $1,499,900

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        ** 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.