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Commercial Highway Frontage Land
For Sale
$2,495,000

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

VACANT LAND, Negaunee, MI

Property SizeContact for details
Lot Size5.00 Acres
Days on Market1102

Property Features for 362-368 E US41/M28 Highway

General Information

Property type Land
Property subtype Other
Zoning description Commercial
Lot features Main Street, Deep Lot - 150+ Ft., Easement, Large Lot - 65+ Ft., Rolling/ Hilly, Splits Available, Treed, Wooded, Cleared, Partially Wooded
Elementary school district Negaunee Public Schools
Middle school district Negaunee Public Schools
High school district Negaunee Public Schools
Subdivision Negaunee Twp (52020)
Standard status Active
Lot size 5.00 Acres

Taxes and HOA fees

Tax Annual Amount 1625
Listing Agency: NORTHERN MICHIGAN LAND BROKERS
Listed By: BRIAN OLSON · License #UPAR
Added: Sep 20, 2023 Changed: Sep 3 Last Checked: Sep 25 at 9:06AM
MLS# 50122663

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 5-acre commercial land parcel offers a flat site with sandy soil and direct frontage along US Highway 41/28. The property is in Negaunee Township and provides full exposure to passing motorists. Township water and sewer are available, supporting future commercial site planning.

The property is positioned between Marquette and Negaunee, approximately one mile beyond the Marquette border. US Highway 41/28 connects the area with western Upper Peninsula destinations, Lake Superior Circle Tour routes, Munising, Escanaba, and the Soo. Additional acreage may be purchased in combination with the parcel, with up to 40 acres available.

Key Highlights

  • 5‑acre commercial land parcel
  • Frontage on US Highway 41/28 in Negaunee Township
  • Flat site with sandy soil

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

Demographics for 49866, MI

8,259
Population
3,723
Households
2.2
Avg Household Size
41
Median Age
34%
College-Educated
96%
High-School Grad
201.3 sq mi
ZIP Area
41
Density / Sq Mi
$83,433
Median Household Income
$47,467
Median Earnings
$900
Median Rent
$191,700
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Flat commercial site with highway exposure and township water and sewer availability.
Where is this commercial land located?
The property is located at 362-368 E US41/M28 Highway Negaunee, MI.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 5‑acre commercial land parcel; Frontage on US Highway 41/28 in Negaunee Township; Flat site with sandy soil
More about this property
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