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    1034 N 3Rd St Marquette, MI 49855

    For Sale
    $80,000

    Business - Marquette, MI

    Type:Business
    Days on Market:
    221
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 1034 N 3Rd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Parking features
    Parking Lot

    Building Details

    Architectural style
    Other

    LOOK REALTY (906) 228-7255

    Listing agent STEVE PELTO (906) 228-7255

    Listing date May 7, 2025

    MLS# 50163561 Listing URL

    Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Marquette Restaurant Business Opportunity

    This is an opportunity to own a business in the heart of Marquette, located on Third St. For sale are the equipment, furniture, and improvements from Pizza@ Marquette. The lease for the space will be transferred upon closing. The space features over $200,000 in leasehold improvements and is ready for immediate occupancy. The location is suitable for various concepts, including a pasty shop, deli, pizza joint, sandwich shop, or bagel café. The space has been renovated.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marquette
    County
    Marquette
    State
    Michigan
    Longitude
    -87.394388
    Latitude
    46.553471

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    FAQs

    What type of property is this?
    Turn key restaurant - Restaurant equipment, furniture, and leasehold improvements for sale in Marquette.
    Where is this turn key restaurant located?
    The property is located at 1034 N 3Rd St Marquette, MI.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: - Prime location on Third St. in the heart of Marquette.; - Includes equipment, furniture, and over $200,000 in leasehold improvements for a seamless transition.; - Transferred lease for the space upon closing.
    (906) 228-7255
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1034 N 3Rd St Marquette, MI 49855
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