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    701 Main St Norway, MI 49870

    Under Contract
    For Sale
    $125,000

    Commercial/Industrial - Norway, MI

    Property size:
    1,590 SF
    Lot size:
    0.05 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 701 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Commercial
    APN
    053-332-004-00
    Interior features
    Internet Available, Display Window, Private Restrooms, Sidewalks
    Size
    1,590 SF
    Lot size
    0.05 Acres

    Building Details

    Year built
    1900
    Building materials
    Brick, Vinyl Siding
    Roof type
    Rubber
    Architectural style
    Other

    Stephens Real Estate (906) 774-8570 [email protected]

    Listing agent RYAN GORDON (906) 774-8570

    Listing date Nov 20, 2025

    MLS# 50191009 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

    Downtown Norway Commercial Building For Sale

    Located in downtown Norway, Michigan, this commercial building offers 1,600 square feet of space. Situated on a corner lot at a stoplight, the property benefits from high visibility and traffic counts. The building includes large display windows, dedicated office space, and storage. The 0.05-acre lot provides ample street parking. The property is zoned commercial and is suitable for a retail business or professional office.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Luv U More ... Bridal Shop

    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
    Norway
    County
    Dickinson
    State
    Michigan
    Longitude
    -87.907733
    Latitude
    45.787444

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    FAQs

    What type of property is this?
    Retail space - 1,600 SF commercial building in downtown Norway, Michigan.
    Where is this retail space located?
    The property is located at 701 Main St Norway, MI.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Prime downtown location at a corner with a stoplight.; - High traffic counts and excellent visibility.; - Ample street parking.
    (906) 774-8570
    Request Owner's contact information
    701 Main St Norway, MI 49870
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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
    701 Main St Norway, MI 49870
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