321 Front St Marquette, MI 49855
- Investment properties
- 6,048 SF
- 0.57 lot acres
Current Use by Public Records
- Investment properties
Property Details for 321 Front St
- Year built
- 1880
- Lot size
- 0.57 lot acres
- Property size
- 6,048 SF
- Property type
- Investment properties
Description
This exceptional investment opportunity presents a combined commercial and residential property ideally situated just a few blocks north of Washington Street in Marquette's vibrant downtown. The offering encompasses two contiguous buildings: a renovated multi-suite office building and a four-unit apartment building. The office building, located on North Front Street, boasts 6,048 square feet of space and features a welcoming reception area, abundant natural light, attractive hardwood floors, fireplaces on both levels, and convenient conference rooms on each level. A full-sized kitchen adds to the building's functionality. Both the office and apartment buildings benefit from substantial basement storage. The four-unit apartment building, accessible from both North Front Street and West Arch Street, provides consistent rental income with all units currently occupied. A detached garage with space for two or more vehicles adds further value. The property sits on a 0.57-acre lot and offers ample off-street parking, along with potential for future expansion. This turnkey investment is priced at $995,000 and presents a rare chance to acquire a high-yield property in a desirable downtown location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marquette
- County
- Marquette
- State
- Michigan
- Longitude
- -87.4054
- Latitude
- 46.5374
