Financial
Distress signals
Property profile

308 Iron St Negaunee, MI 49866

OFF-MARKET
Commercial real estate
Property ID
US43-2514283
5,248 SF 0.1 ac lot Built 1900
Last sale Feb 2009 · $125,000
Individually Owned Owner of record is an individual. 17-yr Hold Held for 17 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 2,241 square foot single-tenant space is located at 308 Iron Street in Negaunee, Michigan, Marquette County (zip code 49866). The property, a beautifully restored historic brick building, offers a blend of traditional office, coworking, and creative office space suitability. Its prime location on Negaunee's main street ensures exceptional visibility and high foot traffic. The recently renovated façade features expansive windows and a welcoming foyer, ideal for shielding from harsh…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$75k
Effective rate4.22%

Value estimate

· Sep 2026
$125k
$113k – $138k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-1
JurisdictionMARQUETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.8
Building Supply10.7
Auto Repair Shop10.3

Location

308 Iron St Negaunee, MI 49866-1830
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
387 Silver, Negaunee, MI 49866-1844 $125,000 Mar 2024 1,064 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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