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    2001 Wilson St Marquette, MI 49855

    Sponsored
    For Sale
    $1,400,000

    High-traffic location, prime development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.42-acre commercial land parcel in Marquette, MI (49855), presents a lucrative investment opportunity. Located at 2001 Wilson Street, this property boasts a highly visible location on US Highway 41 West, experiencing daily traffic exceeding 20,000 vehicles. Its Commercial zoning permits a wide range of development options, making it ideal for a luxury hotel, restaurant, or other retail establishment. The site benefits from excellent accessibility via Wilson Street and US 41, placing it in close proximity to established businesses such as Wendy's, O'Reilly Auto Parts, the future First Bank location, UP North Car Wash, and the Holiday Inn Marquette. Detailed survey maps and deed restrictions are readily available for review. An existing Choice/Cambria Hotel license is available for separate purchase, along with corresponding footprint plans. Priced at $1,400,000 ($316,742.08/acre), this property represents a significant opportunity for entrepreneurs seeking to establish a thriving business in a rapidly growing Marquette market. Don't miss this chance to build your future in a prime location with exceptional visibility and accessibility.

    Property Features for 2001 Wilson St

    General Information

    Property type
    Land
    Lot Size
    192,535 SF

    HighLights

    • 4.42‑acre development site in Marquette, MI, ideal for a luxury hotel, restaurant, or retail business.
    • High‑traffic location on US Highway 41 West and Wilson St, with over 20,000 vehicles daily.
    • Excellent adjacency to established businesses including Wendy's, O'Reilly Auto Parts, First Bank (future build), UP North Car Wash, and the Holiday Inn.
    • Convenient access from both Wilson Street and US Highway 41.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Marquette
    County
    Marquette
    State
    Michigan
    Longitude
    -87.43153636
    Latitude
    46.54621648

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    FAQs

    What type of property is this?
    Land - High-traffic location, prime development site.
    Where is this land located?
    The property is located at 2001 Wilson St Marquette, MI.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: 4.42-acre development site in Marquette, MI, ideal for a luxury hotel, restaurant, or retail business.; High-traffic location on US Highway 41 West and Wilson St, with over 20,000 vehicles daily.; Excellent adjacency to established businesses including Wendy's, O'Reilly Auto Parts, First Bank (future build), UP North Car Wash, and the Holiday Inn.
    Request Owner's contact information
    2001 Wilson St Marquette, MI 49855
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    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
    2001 Wilson St Marquette, MI 49855
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