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Prime Land on US Highway
For Sale
$995,000

362 E US41/M28 Highway, Negaunee, MI 49866

LAND - Negaunee, MI

Property SizeContact for details
Lot Size2.00 Acres
Days on Market1055

Property Features for 362 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, 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 2.00 Acres

Taxes and HOA fees

Tax Annual Amount 982

Utilities

Water source Public
Listing Agency: NORTHERN MICHIGAN LAND BROKERS
Listed By: BRIAN OLSON · License #UPAR
Added: Sep 20, 2023 Changed: May 21 Last Checked: Aug 9 at 7:06PM
MLS# 50122661

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 land is located on US Highway 41/28 between Marquette and Negaunee, in Negaunee Township, Michigan, a mile past the Marquette border. The site benefits from high traffic volume, serving as a gateway to the Western Upper Peninsula, including Houghton, Hancock, the Keweenaw, and Michigan Tech University. It also serves as the southern route for the Lake Superior Circle Tour and a primary route to Munising, Escanaba, and Sault Ste. Marie. Situated in an area of business expansion and new construction, this location offers significant potential for business success. Township water and sewer services are available. The lot is flat, with full exposure to the highway and motorists. The sandy soil is conducive to development. Additional highway frontage and acreage are available for purchase in combination with this property. The property is approximately 2 acres.

Key Highlights

  • High‑traffic location on US Highway 41/28, a major route for the Lake Superior Circle Tour.
  • Located in Negaunee Township, offering a considerably lower tax rate.
  • Township water and sewer services are available.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

2
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 - High-exposure land on a major highway near Marquette, Michigan.
Where is this commercial land located?
The property is located at 362 E US41/M28 Highway Negaunee, MI.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: High‑traffic location on US Highway 41/28, a major route for the Lake Superior Circle Tour.; Located in Negaunee Township, offering a considerably lower tax rate.; Township water and sewer services are available.
More about this property
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