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    4250 Us Highway 41 Marquette, MI 49855

    For Sale
    $949,000

    High-traffic US-41 location, 13,000 sq ft.

    Property size:
    13,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, situated on a prominent 2.46-acre lot directly on US Highway 41 in Marquette, Michigan, offers unparalleled visibility and accessibility. Boasting over 13,000 square feet of combined space, this former tractor dealership features a spacious showroom and ample garage space, ideal for a variety of industrial uses. A significant advantage is the inclusion of a 1,500 square foot cold storage garage. The property benefits from high daily traffic counts exceeding 35,000 vehicles, ensuring maximum exposure. Located in the heart of Marquette, this property is within the North Central Upper Peninsula, a region rich in history and economic diversity, fueled by mining, timber, and tourism. Marquette itself is the largest city in the Upper Peninsula, offering a strong local economy anchored by major employers such as Marquette General Hospital (2,800 employees) and Northern Michigan University (1,000 employees). The city also benefits from a thriving medical sector, robust state agencies, and a significant educational presence. The property's strategic location, substantial size, and versatile layout present a unique opportunity for businesses seeking a prominent presence in a dynamic and growing market. The area's population includes 64,634 residents in Marquette County and 20,714 in the city of Marquette. The property's location along the shores of Lake Superior adds to its appeal.

    Property Features for 4250 Us Highway 41

    General Information

    Property type
    Industrial properties
    Square Feet
    13,000 SF
    Lot Size
    107,158 SF

    Building Details

    Year Built
    1982
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Marquette
    County
    Marquette
    State
    Michigan
    Longitude
    -87.48704
    Latitude
    46.5423

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    FAQs

    What type of property is this?
    Industrial property - High-traffic US-41 location, 13,000 sq ft.
    Where is this industrial property located?
    The property is located at 4250 Us Highway 41 Marquette, MI.
    What is the asking price?
    The asking price for this property is $949,000.
    (888) 400-2513
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    Marquette, MI 49855
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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
    4250 Us Highway 41 Marquette, MI 49855
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