High Exposure Acreage on
For Sale
$970,000
360 E US41/M28 Highway, Negaunee, MI 49866
LAND - Negaunee, MI
Property SizeContact for details
Lot Size39.00 Acres
Days on Market1051
Property Features for 360 E US41/M28 Highway
General Information
Property type
Land
Property subtype
Other
Zoning description
Commercial
Lot features
Main Street, Deep Lot - 150+ Ft., Easement, Large Lot - 65+ Ft., Rolling/ Hilly, Treed, Wooded, Cleared, Partially Wooded
Elementary school district
Negaunee Public Schools
Middle school district
Negaunee Public Schools
High school district
Negaunee Public Schools
Subdivision
Negaunee Twp (52020)
Standard status
Active
Lot size
39.00 Acres
Taxes and HOA fees
Tax Annual Amount
3322
Utilities
Water source
Public
Listing Agency:
NORTHERN MICHIGAN LAND BROKERS
(906) 225-5263
Listed By:
BRIAN OLSON · License #UPAR
(906) 869-6446
Added: Sep 20, 2023
Changed: May 21
Last Checked: Aug 5 at 7:06PM
MLS# 50122652
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 large acreage site offers high exposure, fronting the highest traffic volume area in Michigan's Upper Peninsula. The property benefits from a tax rate lower than the City of Marquette, Marquette Township, and the City of Negaunee. Situated on US Highway 41/28 between Marquette and Negaunee, in Negaunee Township, it is located a mile past the Marquette Border. This route serves as the gateway to the Western U.P. and towns such as Houghton, Hancock, the Keweenaw, and Michigan Tech University. It also forms the Southern Route for the Lake Superior Circle Tour. Traveling East and South, it is a frequently traveled route to Munising, Escanaba, and the Soo, with the M28 branch leading to the interstate highway. Located in an area of business expansion and new store construction, this location offers significant potential for business success. The lot begins flat and inclines to the South, potentially offering Lake Superior views with tree removal. The land features a mix of Maples, Oaks, Evergreens, and White Birch. Bordered by Forest Company Land, there may be opportunities to purchase additional property. The southern border of the parcel is near the Iron Ore Heritage Trail. The sandy soil is conducive to development. Additional highway frontage is available for purchase in combination with this property. The lot size is 39 acres.
Key Highlights
- High‑exposure location on US Highway 41/28 with the highest traffic volume in Michigan's Upper Peninsula.
- Lower tax rate compared to the City of Marquette, Marquette Township, and the City of Negaunee.
- Potential Lake Superior views with tree removal.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 49866, MI
8,259
Population
3,723
Households
2.2
Avg Household Size
41
Median Age
34%
College-Educated
96%
High-School Grad
201.3 sq mi
ZIP Area
41
Density / Sq Mi
$83,433
Median Household Income
$47,467
Median Earnings
$900
Median Rent
$191,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Large acreage site with high traffic exposure near Marquette.
Where is this commercial land located?
The property is located at 360 E US41/M28 Highway Negaunee, MI.
What is the asking price?
The asking price for this property is $970,000.
What are key features of this property?
This property features: High‑exposure location on US Highway 41/28 with the highest traffic volume in Michigan's Upper Peninsula.; Lower tax rate compared to the City of Marquette, Marquette Township, and the City of Negaunee.; Potential Lake Superior views with tree removal.
