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Property profile & analytics

1007 3rd St Marquette, MI 49855-3509

  • Commercial real estate
  • 5,767 SF
  • 0.18 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-2471086
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1007 3rd St

Lot size
0.18 lot acres
Property size
5,767 SF
Zone code
TSC-T4
Property type
Commercial real estate
APN
52-52-003-306-50
APU
525200330650

Description

This exceptional investment opportunity presents a 6,927 square foot multi-tenant commercial building situated in Marquette, Michigan's vibrant Third Street shopping district. The property, built in 1918 and boasting a 0.17-acre lot, features two distinct units. Unit 1007, a 5,127 square foot space (including a 1,360 square foot greenhouse with updated heating), is currently operating as a flower shop. This unit showcases charming character, an open floor plan, large floor-to-ceiling windows, a restroom, high ceilings, ample storage, and a new 148 square foot walk-in cooler. A private office and a bonus room with hardwood floors add versatility. Unit 1009, a 1,800 square foot space, is currently leased to a long-term tenant and features a similar open layout and large windows. The property also includes a rare 29x33 foot attached garage and off-street parking behind the building, a valuable asset in this high-traffic location. Recent neighborhood additions include a brewery, fish market, and pizzeria, further enhancing the area's appeal. The building benefits from updated electrical, plumbing, and HVAC systems. The asking price is $669,900. This property offers significant potential for a variety of commercial or retail uses, making it an ideal investment in a thriving downtown area.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Marquette
County
Marquette
State
Michigan
Longitude
-87.3951
Latitude
46.5525
CBSA code
32100
CBSA name
MARQUETTE, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,377
$0.00
$0.00
$168,600
-
$0.00
$0.00
$337,200
More about this property
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