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Property profile & analytics
OFF-MARKET
Office Spaces

321 Front St Marquette, MI 49855

6,048 SF 0.57 ac lot Built 1880
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity in Marquette, MI, presents two buildings on a combined 0.57-acre lot at 321 & 323 N Front St, just blocks from Washington Street. The property boasts 6,048 square feet and includes a multi-suite, updated office building and a contiguous four-unit apartment building. Both buildings, constructed in 1880, offer substantial basement storage and a detached two-car-plus garage. The office building features a welcoming reception area, abundant natural light, hardwood floors, fireplaces on each level, multiple conference rooms, and a sizable kitchen. The apartment building comprises four uniquely designed one-bedroom units, consistently maintaining full occupancy. The property is zoned for multi-family and professional office use, providing flexibility and potential for expansion. Excellent off-street parking is available. This prime location offers high visibility and strong rental income potential, making it an attractive investment for discerning buyers. The asking price is $995,000.

Property profile
Verified
Property type Office Spaces
Year built 1880
Total area 6,048 SF
Lot 0.57 ac (24,829 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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