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    Negaunee, MI Apartment Buildings for Sale

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    Ishpeming, MI Palmer, MI Marquette, MI
    Turnkey Restaurant & Rental Income
    $750,000
    5,356 SF

    Turnkey Restaurant & Rental Income

    305 Iron Street, Negaunee, MI 49866

    Established restaurant and bar with five rental units in Negaunee.

    • Turnkey restaurant and bar (Jackson’s Pit) with established business and loyal customer base.
    • Includes valuable Class C liquor license, Sunday Sales permit, and additional bar license for outdoor events.
    • Located in Negaunee's revitalized downtown Social District, benefiting from high visibility and foot traffic.
    • Features five residential rental units on the second floor, providing immediate passive income.
    • Opportunity to increase rental income from the apartments for added value.
    Updated: Sep 18, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Negaunee, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Marquette 5-Plex Income Opportunity
    $525,000
    4,258 SF

    Marquette 5-Plex Income Opportunity

    Five-unit apartment building near downtown Marquette.

    421 N Front Street, Marquette, MI 49855
    View details
    Downtown Ishpeming Mixed-Use Investment
    $499,900
    9,486 SF

    Downtown Ishpeming Mixed-Use Investment

    Commercial/residential building with storefronts and apartments in downtown Ishpeming.

    200 E Division St, Ishpeming, MI 49849
    View details
    Luxury Waterfront Condominium Residences
    Contact for pricing
    2,095 SF

    Luxury Waterfront Condominium Residences

    Exclusive condominium development on Lake Superior with modern interiors.

    2401 N Lakeshore Blvd, Marquette, MI 49855
    View details
    Established Restaurant with Income Potential
    $399,900
    6,160 SF

    Established Restaurant with Income Potential

    Restaurant with apartments and retail space for sale.

    220 S Main, Ishpeming, MI 49849
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details
    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details
    La Plata Land For Sale
    $250,000
    0.23 Acres

    La Plata Land For Sale

    0.23 acre parcel in La Plata, zoned CB.

    107 HOWARD Street, La Plata, MD 20646
    View details
    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF

    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226
    View details

    Negaunee, MI Apartment Buildings Investment Opportunities Market Analysis

    Explore 1 apartment buildings for sale in Negaunee, MI on our real estate platform. These investment opportunities span a total of 5,356 square feet of properties for sale, with an estimated market value of $750,000.

    Sale prices for two-family homes in Negaunee, MI start at $750,000, averaging $750,000, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 8,228
    Population Growth (5Y) +1.7%
    Median Household Income $83,433
    College Educated 42.4%

    High-Yield Neighborhoods for Investment

    Identify Negaunee submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49866 $750K

    Taxes & Financing

    Tax Rate (average for all types) 4.64%
    Property Tax per SF $81.75 per sq ft
    Average Loan-to-Value 65.0%

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