Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    260 Water St Negaunee, MI 49866

    For Sale
    $58,000

    Vacant Land - Negaunee, MI

    Lot size:
    1.45 Acres
    Days on Market:
    120
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 260 Water St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mixed Use
    APN
    52-53-536-005-18
    Exterior features
    Street Lights
    Lot size
    1.45 Acres

    Building Details

    Architectural style
    Other

    KELLER WILLIAMS NORTHERN MICHIGAN (231) 947-8200

    Listing agent TERRY TINCKNELL (231) 947-8200 License #6501456140

    Listing date Aug 9, 2025

    MLS# 50135424 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

    Negaunee Vacant Land with Lake Views

    This 1.45-acre vacant land is located in the city of Negaunee and offers views of Teal Lake. Zoned R2, the property allows for single or multi-family construction. Utilities are available at the street. The site has been recently cleared and is suitable for building a new home with an oversized garage and a nice-sized yard. Recent investment in new construction on Water Street has increased the property's value, making it an appealing location for new construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    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
    Negaunee
    County
    Marquette
    State
    Michigan
    Longitude
    -87.623441709106
    Latitude
    46.507439264946

    Nearby Similar for Sale

    • New
      $1,250,000
      6,227 SF

      Negaunee Restaurant & Bar Investment

      Iconic restaurant and bar for sale in Negaunee, Michigan.
      100 Cliff St, Negaunee, MI 49866
      View Details
    • New
      $149,900
      1,641 SF

      Vintage Duplex in Historic Negaunee

      Vintage duplex or single-family home near downtown Negaunee amenities.
      314 N Pioneer Ave, Negaunee, MI 49866
      View Details
    • New
      $149,900
      1,641 SF

      Vintage Duplex in Historic Negaunee

      Vintage duplex or single-family home near downtown Negaunee.
      314 N Pioneer Ave, Negaunee, MI 49866
      View Details
    • $379,900
      4,441 SF

      Turnkey Mixed-Use Investment Opportunity

      Mixed-use property with short-term rental and commercial space.
      338 Rail St, Negaunee, MI 49866
      View Details
    • $750,000
      5,356 SF

      Turnkey Restaurant & Rental Income

      Established restaurant and bar with five rental units in Negaunee.
      305 Iron St, Negaunee, MI 49866
      View Details
    • $200,000
      10,932 SF

      Negaunee Commercial/Industrial Versatile Space

      Versatile 10,932 sq ft commercial/industrial space in historic Negaunee.
      401 Jackson St, Negaunee, MI 49866
      View Details

    FAQs

    What type of property is this?
    Land - 1.45 acre lot with incredible Teal Lake views.
    Where is this land located?
    The property is located at 260 Water St Negaunee, MI.
    What is the asking price?
    The asking price for this property is $58,000.
    What are key features of this property?
    This property features: - Incredible views of Teal Lake from this 1.45 acre lot; - Zoned R2, allowing for single or multi-family property; - Utilities are at the street
    (231) 947-8200
    Request Owner's contact information
    260 Water St Negaunee, MI 49866
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    260 Water St
    Negaunee, MI 49866
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    260 Water St Negaunee, MI 49866
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.