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    2100 Us41 Marquette, MI 49855

    For Sale
    $3,800,000

    US-41 Corridor, Multi-Building Opportunity

    Property size:
    9,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property, situated on over two acres of land along one of the Upper Peninsula's busiest US-41 corridors, presents a unique investment opportunity. The 9,500 square foot property encompasses four parcels, offering significant frontage on US 41 West, West Ridge Street, and Bancroft Street. The expansive lot boasts approximately 165 feet of US-41 frontage and a depth of nearly 350 feet. The property includes a versatile office building, a fully equipped restaurant building complete with a liquor license, and a separate residential house. This diverse mix of structures provides exceptional flexibility for a variety of business ventures. The location ensures high visibility and accessibility, maximizing exposure to a substantial customer base. All essential utilities are readily available, including three-phase power, water, sewer, natural gas, internet, and phone service. The property's strategic location, combined with its extensive amenities and multiple buildings, makes it an ideal choice for businesses seeking a prominent presence in the Marquette market. The substantial lot size also allows for potential expansion or future development. This is a rare opportunity to acquire a well-established, multi-use property in a high-traffic area. The asking price is $3,800,000.

    Property Features for 2100 Us41

    General Information

    Property type
    Industrial properties
    Square Feet
    9,500 SF
    Lot Size
    95,832 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Marquette
    County
    Marquette
    State
    Michigan
    Longitude
    -87.43277
    Latitude
    46.54891

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    FAQs

    What type of property is this?
    Industrial property - US-41 Corridor, Multi-Building Opportunity
    Where is this industrial property located?
    The property is located at 2100 Us41 Marquette, MI.
    What is the asking price?
    The asking price for this property is $3,800,000.
    (906) 228-5230
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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
    2100 Us41 Marquette, MI 49855
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