362-368 E US41/M28 Highway $2,500,000

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    362-368 E US41/M28 Highway Negaunee, MI 49866

    • 5.00 Acres
    • Land
    • MLS# 50122663
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    Views: 193 Days On Site: 455

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    Property Details

    Get one of the last great commercial properties left in the Marquette area. Seller will consider smaller or larger parcel sizes with up to 40 acres available! Location is the first step for any great business plan. This very desirable high exposure site fronting the very highest volume of traffic in Michigan's Upper Peninsula. Enjoy the benefits a tax rate considerably lower than the City of Marquette, Marquette Township and the City of Negaunee. The site is located on US Highway 41/28 between the popular towns of Marquette and Negaunee, in Negaunee Township just a mile past the Marquette Border. This route is the gateway to the Western U.P. and the towns of Houghton, Hancock the Keweenaw and Michigan Tech University. It is also the Southern Route for the Lake Superior Circle Tour. Traveling East and South it is the most travelled route to Munising, Escanaba and the Soo where the M28 branch leads to the interstate highway. Right in the heart of booming business expansion and new stores being constructed this location will offer your business the maximum potential for success. Township water and sewer is available. The lot is flat and has full exposure to the Highway and motorists. Sandy soil should help make the site easy to work with and easy to develop. The price is reasonable for such a high exposure well traveled location with land prices nicely appreciating assuring this property will be an outstanding investment. This parcel contains all the remaining Highway Frontage available. Call for a showing or additional information. Additional acreage can be purchased in combination with this property and is currently for sale. Maximize profits and be assured customers will easily find you since they drive right in front of you every day. Marquette is becoming the place to be and this is the place for you.

    • General Features
      • Style Vacant Land
      • Acreage 5
      • Area Municipality Negaunee Twp (52020)
      • Association Fee Y/N No
      • COMMUNITY AMENITIES Street Lights
      • County Marquette
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership Private
      • Subdivision none
      • Waterfront Y/N No
      • ZONING Commercial
    • Property Features
      • Lot Size 500x436
      • Roads City/County, Paved Street
      • Sewer Septic Community
      • LOT DESCRIPTION Deep Lot - 150+ Ft.,Easement,Large Lot - 65+ Ft.,Rolling/Hilly,Splits Available,Treed,Wooded,Cleared,Partially Wooded
      • Water Community
      • Water Features None
    • Schools
      • School District Negaunee Public Schools

    Neighborhood

    49866 (Negaunee) Demographics

    39 Median Age
    54 Population Density (per sq. mile)
    45% College Educated
    $61,042 Estimated Median Income
    2,849 Estimated Total Home Owners
    437 Estimated Total Renters
    87% / 13% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    8,090 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $187,500 Median Sales Price
    2 Homes Sold
    7 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: $2,500,000
        9/20/2023 8:37:00 PM New in Database Source: Multiple Listing Service New Value: $2,500,000

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        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.