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    2100 Us41 Marquette, MI 49855

    Sponsored
    For Sale
    $3,800,000

    US-41 Frontage, Multi-Building Opportunity

    Property size:
    9,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property in Marquette, Michigan, presents a unique investment opportunity. Located on over two acres of land along a high-traffic section of US-41, this offering includes four parcels totaling 9,500 square feet. The property boasts significant frontage on US-41 West, West Ridge Street, and Bancroft Street, providing unparalleled visibility and accessibility. The site features an existing office building, a fully equipped restaurant building complete with a liquor license, and a separate residential house. This diverse mix of structures offers flexibility for a variety of uses and potential expansion. The expansive lot, approximately 165 feet of frontage on US-41 and nearly 350 feet deep, provides ample space for development or expansion of existing buildings. All essential utilities are readily available, including three-phase power, water, sewer, natural gas, internet, and phone service. This prime location on one of the busiest US-41 corridors in the Upper Peninsula ensures high visibility and significant exposure for any business. The asking price for this exceptional property is $3,800,000. The property's strategic location, combined with its existing infrastructure and diverse building options, makes it an ideal investment for both established businesses and new ventures seeking a prominent presence in the Marquette market. The zip code is 49855.

    Property Features for 2100 Us41

    General Information

    Property type
    Land
    Square Feet
    9,500 SF
    Lot Size
    95,832 SF

    HighLights

    • $3,800,000 asking price.
    • 2.2‑acre commercial land parcel.
    • 9,500 square feet of building space including office, restaurant (fully equipped with liquor license), and house.
    • High‑traffic US‑41 location in Marquette, MI.
    • Four parcels with frontage on US‑41, West Ridge Street, and Bancroft Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marquette
    County
    Marquette
    State
    Michigan
    Longitude
    -87.3706289
    Latitude
    46.509002

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    FAQs

    What type of property is this?
    Land - US-41 Frontage, Multi-Building Opportunity
    Where is this land located?
    The property is located at 2100 Us41 Marquette, MI.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: $3,800,000 asking price.; 2.2-acre commercial land parcel.; 9,500 square feet of building space including office, restaurant (fully equipped with liquor license), and house.
    Request Owner's contact information
    2100 Us41 Marquette, MI 49855
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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
    2100 Us41 Marquette, MI 49855
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