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One-Story Office and Retail Building
For Sale
$199,000

407 First Street, Gwinn, MI 49841

COM/IND/BUS OPP, Gwinn, MI

Property Size9,562 SF
Lot Size1.16 Acres
Price / SF$20.81
Days on Market92

Property Features for 407 First Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description Commercial
Subdivision Sands Twp (52027)
Standard status Active
Size 9,562 SF
Lot size 1.16 Acres

Utilities

Water source Public

Building Details

Year built 1956
Roof type Shingle
Listing Agency: SELECT REALTY
Listed By: FRED GOVERN · License #6501449926
Added: May 22 Changed: Aug 19 Last Checked: Aug 21 at 4:06AM
MLS# 50208595

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 one-story commercial building offers flexible space that can be configured as office or retail. The property totals 9,562 square feet and is being sold as-is, with the existing layout presented for the buyer’s intended use.

The building is located at 407 First Street in Gwinn, in Marquette County, Michigan, at the former K.I. Sawyer Air Force Base. The offering notes proximity to general aviation and a commercial airport.

Additional on-site convenience includes more than 25 parking spots, supporting customer or employee access for either office or retail operations.

Key Highlights

  • Large office/retail space: 9562 sq ft
  • Ample parking with over 25 spots
  • Prime Commercial Investment Opportunity

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store Storage Facility Food Market Auto Repair Shop Car Rental Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby

Demographics for 49841, MI

7,193
Population
3,847
Households
1.9
Avg Household Size
41
Median Age
24%
College-Educated
96%
High-School Grad
227.6 sq mi
ZIP Area
32
Density / Sq Mi
$61,337
Median Household Income
$34,437
Median Earnings
$731
Median Rent
$150,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - One-story commercial building with office or retail space and more than 25 parking spots, sold as-is.
Where is this office building located?
The property is located at 407 First Street Gwinn, MI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Large office/retail space: 9562 sq ft; Ample parking with over 25 spots; Prime Commercial Investment Opportunity
More about this property
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