Prime Commercial Land in
For Sale
$2,495,000
362-368 E US41/M28 Highway, Negaunee, MI 49866
LAND - Negaunee, MI
Property SizeContact for details
Lot Size5.00 Acres
Days on Market1055
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
(906) 225-5263
Listed By:
BRIAN OLSON · License #UPAR
(906) 869-6446
Added: Sep 20, 2023
Changed: May 21
Last Checked: Aug 9 at 7:06PM
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 commercial property is located on US Highway 41/28 between Marquette and Negaunee, in Negaunee Township, a mile past the Marquette border. The site benefits from high traffic volume and exposure, situated on the gateway to the Western U.P., serving as the Southern Route for the Lake Superior Circle Tour and the most traveled route to Munising, Escanaba, and the Soo. The property is positioned in an area of business expansion, offering potential for business success. Township water and sewer are available. The lot is flat, with full exposure to the Highway and motorists. The sandy soil is conducive to development. The property consists of 5 acres, with the possibility of acquiring additional acreage up to 40 acres. The location offers highway frontage, ensuring visibility and accessibility for customers.
Key Highlights
- High‑exposure location on US Highway 41/28 with the highest traffic volume in Michigan's Upper Peninsula.
- Potential for up to 40 acres, with seller willing to consider smaller or larger parcel sizes.
- Lower tax rate compared to the City of Marquette, Marquette Township, and the City of Negaunee.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - High-exposure commercial land on US Highway 41/28 in Negaunee.
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: High‑exposure location on US Highway 41/28 with the highest traffic volume in Michigan's Upper Peninsula.; Potential for up to 40 acres, with seller willing to consider smaller or larger parcel sizes.; Lower tax rate compared to the City of Marquette, Marquette Township, and the City of Negaunee.
