Mixed-Use Commercial
For Sale
Contact for pricing
1507 W Fair Ave, Marquette, MI 49855
MU zoning accommodates potential residential and office development, subject to applicable municipal allowances.
Property SizeContact for details
Days on Market13
Property Features for 1507 W Fair Ave
General Information
Standard status
Active
Property subtype
Retail, Land
Zoning
Mixed Use MU
Listing Agency:
RE/MAX 1st Realty
(906) 225-1990
Listed By:
Kellie Hillier-Genschaw · License #MI 6501271285
Source:
Crexi
Added: Aug 19
Changed: Aug 29
Last Checked: Aug 29 at 11:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 1st Realty
Investment Insights
Based on property information with market context.
This approximately 8.25 +/- acre parcel is classified as commercial land and carries Mixed Use MU zoning. The site is positioned within Marquette and has engineered blueprints and a survey available. Development concepts identified for the property include townhomes, an apartment complex, single-family homes, and office space, with permitted uses governed by the applicable MU zoning allowances.
The property is near shopping, dining, Northern Michigan University, the new hospital, Lake Superior, Marquette Senior High School, and Peninsula Medical Center. Its city setting and range of stated development concepts provide a basis for evaluating multiple land-use directions, subject to municipal requirements and any necessary plan modifications.
The property is near shopping, dining, Northern Michigan University, the new hospital, Lake Superior, Marquette Senior High School, and Peninsula Medical Center. Its city setting and range of stated development concepts provide a basis for evaluating multiple land-use directions, subject to municipal requirements and any necessary plan modifications.
Key Highlights
- Approximately 8.25 +/- acres of commercial land
- Mixed Use MU zoning
- Development concepts include townhomes, apartments, single‑family homes, and office space
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
619
Businesses Nearby
Explore this area
Business Placement
Demographics for 49855, MI
32,929
Population
15,779
Households
2.1
Avg Household Size
38
Median Age
45%
College-Educated
96%
High-School Grad
206.9 sq mi
ZIP Area
159
Density / Sq Mi
$62,321
Median Household Income
$27,408
Median Earnings
$992
Median Rent
$245,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - MU zoning accommodates potential residential and office development, subject to applicable municipal allowances.
Where is this commercial land located?
The property is located at 1507 W Fair Ave Marquette, MI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Approximately 8.25 +/- acres of commercial land; Mixed Use MU zoning; Development concepts include townhomes, apartments, single‑family homes, and office space
