321 Front St Marquette, MI 49855
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.