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    Negaunee, MI
    Medical Premises

    Negaunee, MI Medical Office Space for Sale

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    Ishpeming, MI Palmer, MI Marquette, MI Champion, MI Gwinn, MI Miami, FL Skandia, MI Republic, MI
    Versatile Commercial Building
    Updated: Jun 11
    Versatile Commercial Building

    798 E US 41 Highway, Negaunee, MI 49866

    $169,900
    1,181 sqft 0.27 AC lot
    B‑2 commercial zoning on US 41 in the City of Negaunee
    Currently operating as a residential residence with a flexible layout for business use
    Main level includes fully equipped kitchen, large central gathering spaces, and two private rooms
    Expansive unfinished basement provides storage
    Hardwood floors on the main floor
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    This listing looks promising.

    Here's a quick look at some key insights for

    798 E US 41 Highway, Negaunee, MI 49866

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    • Est. Cap Rate

      7.9%
      Above avg (5.9%)

    • Est. NOI

      $13K
      Annual

    • Price @ 7% Cap

      $191K
      Above asking

    • Property Type

      Single Family Residence
      Built 1950
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Negaunee, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Floor Office Building with Elevator
    Multi-Floor Office Building with Elevator

    1211 Ludington Street, Escanaba, MI 49829

    $475,000
    5,271 sqft 0.26 AC lot

    Well-maintained multi-floor office with ramp accessibility, elevator service, and on-site parking lot with garage across the alley.

    View details
    Multi-Floor Office Building with Elevator
    Multi-Floor Office Building with Elevator

    1211 Ludington Street Unit SourceFi, Escanaba, MI 49829

    $475,000
    5,271 sqft

    Well-maintained office building with elevator service, conference space, multiple private offices, and accessible main entry.

    View details
    Mixed-Use Office and Residential Property
    Mixed-Use Office and Residential Property

    417 Washington Avenue, Iron River, MI 49935

    $425,000
    6,237 sqft 0.18 AC lot

    Barrier-free main-level office space includes exam rooms and offices, with two apartments above and basement storage.

    View details
    COMMERCIAL - Iron River, MI
    COMMERCIAL - Iron River, MI

    417 Washington Ave, Iron River, MI 49935

    $425,000
    6,237 sqft 0.18 AC lot

    4,158 sq ft commercial/residential property with income potential.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with City Utilities
    Commercial Land with City Utilities

    NAVAJO ST lot: 5, Rhinelander, WI 54501

    $457,380
    1.50 AC lot

    Commercial land with paved improvements and public utilities available.

    View details
    Commercial Land Parcel
    Commercial Land Parcel

    V/L Zimmerman Road, Traverse City, MI 49685

    $145,000
    1.48 AC lot

    1.48-acre commercial land with municipal water and sewer, supporting a range of office, medical, service, and retail uses under PUD zoning.

    View details
    Approved Office Pad in Professional Center
    Approved Office Pad in Professional Center

    4240 Copper View, Traverse City, MI 49684

    $1,495,000
    30,000 sqft

    Land parcel approved for a 30,000-square-foot office building with a basement parking garage.

    View details
    Cadillac Vacant Development Land
    Cadillac Vacant Development Land

    8072 S Mackinaw Trail, Cadillac, MI 49601

    $299,000
    5.98 AC lot

    6 acres of vacant land ready for development in Cadillac.

    View details

    Negaunee, MI Medical Office Space Market Trends and Statistics

    Explore 1 medical office space for sale in Negaunee, MI on our real estate platform. These investment opportunities span a total of 1,181 square feet of properties for sale, with an estimated market value of $169,900.

    Sale prices for medical spaces in Negaunee, MI average $169,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 4
    Medical Office Space 3

    Demographics Overview

    Population 8,228
    Population Growth (5Y) +1.7%
    Median Household Income $83,433
    College Educated 42.4%

    High-Yield Neighborhoods for Investment

    Identify Negaunee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49866 $169.9K

    Taxes & Financing

    Tax Rate (average for all types) 4.64%
    Property Tax per SF $81.75 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marquette County

    New Delisted

    Total CRE Inventory on Market (SF)

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