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    Negaunee, MI
    Single-Family

    Negaunee, MI Single Family Properties for Sale

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    Ishpeming, MI Palmer, MI Marquette, MI Champion, MI Gwinn, MI Miami, FL Skandia, MI Republic, MI
    Versatile Commercial Building
    Updated: Jun 11
    Versatile Commercial Building

    798 E US 41 Highway, Negaunee, MI 49866

    $169,900
    1,181 sqft 0.27 AC lot
    B‑2 commercial zoning on US 41 in the City of Negaunee
    Currently operating as a residential residence with a flexible layout for business use
    Main level includes fully equipped kitchen, large central gathering spaces, and two private rooms
    Expansive unfinished basement provides storage
    Hardwood floors on the main floor
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    This listing looks promising.

    Here's a quick look at some key insights for

    798 E US 41 Highway, Negaunee, MI 49866

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    • Est. Cap Rate

      7.9%
      Above avg (5.9%)

    • Est. NOI

      $13K
      Annual

    • Price @ 7% Cap

      $191K
      Above asking

    • Property Type

      Single Family Residence
      Built 1950
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Negaunee, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Retail and Apartment Building
    Mixed-Use Retail and Apartment Building

    126 E Aurora Street, Ironwood, MI 49938

    $225,000
    2,068 sqft 0.06 AC lot

    Turnkey building with main-level wine and spirits bar and an upstairs one-bedroom rental apartment.

    View details
    Convenience Store with Attached Home
    Convenience Store with Attached Home

    667 HWY 45, Eagle River, WI 54521

    $610,000
    1.68 AC lot

    Retail convenience and specialty store with an attached 4-bedroom, 3-bath residence and lakefront sand frontage.

    View details
    Residential Income Property with Garages
    Residential Income Property with Garages

    1114 N Douglas Boulevard, Ironwood, MI 49938

    $399,000
    0.76 AC lot

    Seven rental units include a six-unit apartment building and a single-family home, plus four garage units and on-site parking.

    View details
    Contemporary Condo with Attached Garage
    Contemporary Condo with Attached Garage

    1101 AQUILA CT W, Eagle River, WI 54521

    $349,900
    0.52 AC lot

    Brand-new one-level condo layout with attached two-car garage and patio for convenient everyday living.

    View details

    Negaunee, MI Single Family Properties Market Trends and Statistics

    Explore 1 single family properties for sale in Negaunee, MI on our real estate platform. These investment opportunities span a total of 1,181 square feet of properties for sale, with an estimated market value of $169,900.

    Sale prices for single family properties in Negaunee, MI average $169,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 3
    Duplexes 2
    Apartment buildings 1
    Short term rental properties 1
    Single family properties 1

    Demographics Overview

    Population 8,228
    Population Growth (5Y) +1.7%
    Median Household Income $83,433
    College Educated 42.4%

    High-Yield Neighborhoods for Investment

    Identify Negaunee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49866 $169.9K

    Taxes & Financing

    Tax Rate (average for all types) 4.64%
    Property Tax per SF $81.75 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marquette County

    New Delisted

    Total CRE Inventory on Market (SF)

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