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Riverfront Warehouse with High Ceilings
For Sale
$495,000

202 Sawmill Lane, Marenisco, MI 49947

COM/IND/BUS OPP, Marenisco, MI

Property Size38,950 SF
Lot Size14.33 Acres
Price / SF$12.71
Days on Market454

Property Features for 202 Sawmill Lane

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial,Industrial
Zoning description Commercial, Industrial
Parking features Parking Lot
Security features Security Lighting
Exterior features Fence Owned, Fenced Yard, Security Lighting
Fencing Fenced
Lot features Dead End, Rural, Cleared, Industrial, Storm Drains, Utilities Underground
Subdivision Marenisco Twp (27008)
Standard status Active
Size 38,950 SF
Lot size 14.33 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8495

Utilities

Sewer type Shared Septic
Heating system Wall Furnace, Space Heater, Forced Air
Water source Public
Water front features Waterfront, Lake, River Front
Water front 1

Amenities

break room

Building Details

Year built 1970
Listing Agency: ZAK'S REALTY
Listed By: SAMANTHA OLSON · License #6501456171
Added: Jul 10, 2025 Changed: Oct 3 Last Checked: Oct 6 at 9:06AM
MLS# 50181447

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.

This 38,950-square-foot warehouse was built in 1970 and occupies a 14.33-acre property in the Marenisco Industrial Park. The building offers ceilings exceeding 16 feet, multiple 16-foot overhead garage doors, an office, a break room, and a handicap-accessible bathroom. Heating includes space heaters, forced air, and a wall furnace, while public water and shared septic serve the property.

The site includes approximately 1,200 feet of river frontage, a fenced yard with security lighting, and a parking lot. Direct access to an ATV and snowmobile trail adds a recreational-access feature to the commercial setting. Commercial and industrial zoning is supported by substantial land area, warehouse improvements, and existing site infrastructure.

Key Highlights

  • 38,950‑square‑foot warehouse on 14.33 acres
  • Approximately 1,200 feet of river frontage
  • Ceilings exceeding 16 feet with multiple 16‑foot overhead garage doors

Property Analytics

Current Use

Warehouses

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49947, MI

609
Population
847
Households
0.7
Avg Household Size
61
Median Age
20%
College-Educated
98%
High-School Grad
388.4 sq mi
ZIP Area
2
Density / Sq Mi
$50,682
Median Household Income
$24,792
Median Earnings
$193,800
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Commercial-industrial zoning, office space, a break room, and an accessible bathroom support varied operations.
Where is this warehouse located?
The property is located at 202 Sawmill Lane Marenisco, MI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 38,950‑square‑foot warehouse on 14.33 acres; Approximately 1,200 feet of river frontage; Ceilings exceeding 16 feet with multiple 16‑foot overhead garage doors
More about this property
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