Mixed-Use Development
For Sale
$219,000
328 W Magnetic Street, Marquette, MI 49855
VACANT LAND, Marquette, MI
Property SizeContact for details
Lot Size0.28 Acres
Days on Market286
Property Features for 328 W Magnetic Street
General Information
Property type
Land
Property subtype
Other
Zoning description
Mixed Use
Lot features
Walk to School, Large Lot - 65+ Ft., Platted, Cleared, City Limits
Elementary school district
Marquette Area School District
Middle school district
Marquette Area School District
High school district
Marquette Area School District
Subdivision
Marquette (52016)
Standard status
Active
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2098
Utilities
Water source
Public
Listing Agency:
RE/MAX 1ST REALTY · RE/MAX International
(906) 225-1136
Listed By:
FRIDA WAARA
(906) 360-9765
Added: Jan 16
Changed: Oct 21
Last Checked: Oct 29 at 6:06AM
MLS# 50197679
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.
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Investment Insights
Based on property information with market context.
This 0.28-acre commercial land parcel is zoned for mixed use. Natural gas, water, and sewer are located at the street, and the property also lists public water as a source.
The site is on West Magnetic Street in Marquette, close to Northern Michigan University’s campus and the Third Street corridor. Planned development at the former Marquette General Hospital site is expected to include housing, retail, commercial space, pedestrian corridors, and greenspace.
The site is on West Magnetic Street in Marquette, close to Northern Michigan University’s campus and the Third Street corridor. Planned development at the former Marquette General Hospital site is expected to include housing, retail, commercial space, pedestrian corridors, and greenspace.
Key Highlights
- 0.28‑acre parcel
- Mixed‑use zoning
- Natural gas, water, and sewer at the street
Property Analytics
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Location Intelligence
Trade Area within ½ mile
662
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Commercial land - The parcel has mixed-use zoning, with natural gas, water, and sewer available at the street.
Where is this commercial land located?
The property is located at 328 W Magnetic Street Marquette, MI.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 0.28‑acre parcel; Mixed‑use zoning; Natural gas, water, and sewer at the street
