110 N Marshall Drive Gwinn, MI 49841
COMMERCIAL - Gwinn, MI
- Added:
- Jul 7, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 12 at 1:06 pm
Property Features for 110 N Marshall Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 1,200 SF
- Lot size
- 5.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Heating system
- Forced Air
- Water source
- Private
Building Details
- Year built
- 1979
- Roof type
- Shingle
Listing agent AVIS MEYERS-KETOLA (906) 361-0123
Listing office CENTURY 21 PRIME REALTY 2112 US 41 W Suite 1, Marquette, MI (906) 228-5230
Listing date Jul 7, 2026
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.
Located at 110 N Marshall Drive in Gwinn, Michigan, the property offers frontage along State Highway M35, providing high accessibility for vehicles traveling through the area. The listing is identified as zoned Commercial, with the remarks referencing C-2 zoning by Forsyth Township.
The site is well suited for an owner-operator who wants a commercial setup with both outdoor parking and an enclosed building for meetings or day-to-day office use. It also may fit redevelopment or business expansion plans given the commercial zoning and highway-fronting location, subject to applicable approvals and requirements.
Key Highlights
- 5‑acre commercial property with frontage on State Highway M35
- Versatile building that can serve as office space or a meeting center
- Attached two‑car garage
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.8k | $24.00 |
| − Vacancy | −$4.1k | −$3.38 |
| EGI | $24.7k | $20.62 |
| − OpEx | −$6.2k | −$5.15 |
| NOI | $18.6k | $15.46 |
