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    919 Baraga Ave Marquette, MI 49855

    Sponsored
    For Sale
    $3,900,000

    High-Visibility Auto Shop, 25,940 SF

    Property size:
    25,940 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property, located at 919 W Baraga Ave in Marquette, Michigan, presents a unique investment opportunity. Boasting 25,940 square feet on a 3.86-acre lot, this single-level building is situated at a high-profile intersection just off Highway 41, experiencing daily traffic exceeding 32,000 vehicles. The property's prime location ensures unparalleled visibility and accessibility. Built in 1976, the structure currently features spacious showrooms, display windows, multiple offices, meeting rooms, and a reception area, all complemented by ample parking (over 100 spaces), outside storage, and security lighting. Infrastructure includes forced-air heating, central air conditioning, overhead doors, a loading area, and fiber internet access. All utilities (public water, sewer, natural gas, and electric) are readily available. The property is zoned GC (General Commercial), allowing for diverse business ventures. The existing auto shop is relocating, and this sale includes only the real estate. The APN is 52-52-09-101-20. This is a rare chance to acquire a substantial commercial property in a high-traffic area of Marquette, offering significant potential for redevelopment or continued use as a retail or service business. The asking price is $3,900,000.

    Property Features for 919 Baraga Ave

    General Information

    Property type
    Automotive properties
    Square Feet
    25,940 SF
    Lot Size
    168,142 SF

    Building Details

    Year Built
    1976

    HighLights

    • 25,940 SF single‑story building on a 3.86‑acre lot.
    • High‑profile location at a major intersection off Highway 41, with over 32,000 vehicles daily.
    • Ample parking (100+ spaces), outside storage, and security lighting.
    • Features showrooms, offices, meeting rooms, and a reception area.
    • Infrastructure includes forced‑air HVAC, overhead doors, loading area, and fiber internet; all utilities available.
    • Zoned GC (General Commercial).
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marquette
    County
    Marquette
    State
    Michigan
    Longitude
    -87.4188598
    Latitude
    46.5440635

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    FAQs

    What type of property is this?
    Automotive property - High-Visibility Auto Shop, 25,940 SF
    Where is this automotive property located?
    The property is located at 919 Baraga Ave Marquette, MI.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: 25,940 SF single-story building on a 3.86-acre lot.; High-profile location at a major intersection off Highway 41, with over 32,000 vehicles daily.; Ample parking (100+ spaces), outside storage, and security lighting.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    919 Baraga Ave Marquette, MI 49855
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