586 E US41 Highway $899,000

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    586 E US41 Highway Negaunee, MI 49866

    • 4,032 sq. ft.
    • 4.43 Acres
    • Commercial
    • MLS# 50143602
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    Views: 53 Days On Site: 168

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    Property Details

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    INVESTMENT OPPORTUNITY! The secret to successful business? Location! Start with nearly 5 acres--340 feet of frontage--on one of the busiest sections of US 41 in the entire U.P. Even better, this property also adjoins the Iron Ore Heritage Trail. The best of both worlds; highway exposure & trail side. No wonder the Heritage Haus (sleeps 10) is a sought after vacation rental; close to everything! Home features 4032 square feet of remodeled living space. 4-5 bedrooms/2 baths on the Upper Level--and at $350 per night--s a lucrative short-term vacation rental. This space could easily become long-term or turn the entire home into a single residence. Ground level is another 3 bedroom apartment as well as spa/salon. Detached 32x20 propane heated garage for extra storage, or even a great space to rent bikes or repair snowmobiles. What a package: 2 homes and business space all under 1 roof with loads of parking. Home is on I beams and can be re-located. Back yard decks face the Iron Ore Heritage trail to hike, bike or snowmobile and the fire pit welcomes guests to gather to tell stories from the day's adventures. Imagine what this space can become by adding a wedding venue under the apple trees. If you find a better deal, Jump ON IT!

    • General Features
      • Acreage 4.43
      • Area Municipality Marquette Twp (52015)
      • County Marquette
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership Private
      • Total SqFt Finished 4032
      • Waterfront Y/N No
      • Year Built 1978
      • ZONING Commercial,Industrial
    • Building Features
      • Cooling System Wall/Window A/C
      • Exterior Construction Shingle, Stone, Wood
      • Exterior Features Deck/Patio
      • Foundation Type Slab
      • Heating System Electric Heat, Forced Air
      • FUEL TYPE Electric,LP/Propane Gas,Wood
    • Property Features
      • Water Private Well
      • Water Features None
      • Lot Size 340x525
      • Roads City/County
      • Sewer Septic Septic

    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

    $206,950 Median Sales Price
    10 Homes Sold
    6 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: $899,000
        5/30/2024 7:36:00 AM New in Database Source: Multiple Listing Service New Value: $899,000

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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.