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    401 Jackson St Negaunee, MI 49866

    Sponsored
    For Sale
    $200,000

    10,932 sq ft, Downtown Negaunee, MI

    Property size:
    10,932 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 10,932 square foot industrial property, located at 401 Jackson in the heart of historic downtown Negaunee, Michigan, presents a unique investment opportunity. Situated on a 0.43-acre lot, this versatile space offers endless possibilities for a variety of uses. Imagine transforming this expansive building into a modern warehouse, a thriving retail center, or even a collection of studio apartments. The possibilities are truly limitless for entrepreneurs and established businesses alike. The property's prime downtown location provides excellent visibility and accessibility, placing your business within a vibrant and growing community. This is a chance to establish a strong presence in a charming and historic setting. The building boasts a brand new roof installed in 2024, complete with a transferable 20-year guarantee, providing peace of mind for years to come. This is a significant advantage for any prospective buyer. Serious inquiries are encouraged to explore the potential of this remarkable property. Land contract options will be considered for qualified buyers. Don't miss this chance to own a substantial piece of Negaunee's thriving downtown area. Contact us today to schedule a showing and begin planning your future in this dynamic location.

    Property Features for 401 Jackson St

    General Information

    Property type
    Industrial properties
    Square Feet
    10,932 SF
    Lot Size
    18,731 SF

    Building Details

    Year Built
    1965
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Negaunee
    County
    Marquette
    State
    Michigan
    Longitude
    -87.61279
    Latitude
    46.4992

    Nearby Comparable

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      401 Jackson St, Negaunee, MI 49866
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    Nearby Similar for Sale

    • $1,250,000
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      Negaunee Restaurant & Bar Investment

      Iconic restaurant and bar for sale in Negaunee, Michigan.
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      Vintage duplex or single-family home near downtown Negaunee amenities.
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      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
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      Turnkey Mixed-Use Investment Opportunity

      Mixed-use property with short-term rental and commercial space.
      338 Rail St, Negaunee, MI 49866
      View Details
    • $2,014,000
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      Modern strip mall with highway frontage and tenant mix.
      400 E Us 41, Negaunee, MI 49866
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      Established restaurant and bar with five rental units in Negaunee.
      305 Iron St, Negaunee, MI 49866
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      High-Exposure Negaunee Industrial Site

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      Negaunee Industrial Property: Prime Location

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    FAQs

    What type of property is this?
    Industrial property - 10,932 sq ft, Downtown Negaunee, MI
    Where is this industrial property located?
    The property is located at 401 Jackson St Negaunee, MI.
    What is the asking price?
    The asking price for this property is $200,000.
    (906) 228-5230
    Request Owner's contact information
    401 Jackson St Negaunee, MI 49866
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    Negaunee, MI 49866
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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
    401 Jackson St Negaunee, MI 49866
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