Multi-Suite Office
For Sale
$275,000
701 N Teal Lake Avenue, Negaunee, MI 49866
Office property with separate entrances, on-site parking areas, full-building air conditioning, and basement storage.
Property Size3,864 SF
Price / SF$71.17
Days on Market413
Property Features for 701 N Teal Lake Avenue
General Information
Standard status
Active
Size
3,864 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
5
Amenities
air conditioning
basement storage
Building Details
Buildings
1
Building Size
3,864 SF
Listing Agency:
RE/MAX 1ST REALTY
(906) 360-5420
Listed By:
ADAM KARKI · License #6501401750
(906) 360-5420
Source:
Exprealty
Added: Jul 15, 2025
Changed: Aug 30
Last Checked: Aug 30 at 2:46PM
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 3,864-square-foot office building is arranged as five suites, with three suites on one side and two on the other. Each suite has its own entrance, creating a practical configuration for multiple occupants or independent office users. Air conditioning serves the entire building, and a basement provides additional storage space.
The property includes two separate parking areas and is positioned near US 41 on N Teal Lake Avenue in Negaunee. Its location along a heavily traveled city road provides direct proximity to a primary regional route. The combination of divisible office space, individual entrances, parking, and storage supports both owner-occupied and multi-suite configurations.
The property includes two separate parking areas and is positioned near US 41 on N Teal Lake Avenue in Negaunee. Its location along a heavily traveled city road provides direct proximity to a primary regional route. The combination of divisible office space, individual entrances, parking, and storage supports both owner-occupied and multi-suite configurations.
Key Highlights
- 3,864‑square‑foot office building configured with five suites
- Three suites on one side and two on the other
- Each suite has its own entrance
Property Analytics
Property Profile
Current Use
Lease Details
5
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
292
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office property with separate entrances, on-site parking areas, full-building air conditioning, and basement storage.
Where is this office building located?
The property is located at 701 N Teal Lake Avenue Negaunee, MI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 3,864‑square‑foot office building configured with five suites; Three suites on one side and two on the other; Each suite has its own entrance
