Marquette, MI Storefront Properties for Sale

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7 properties

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Updated: May 28

Historic Mixed-Use Downtown Building

221 West Washington Street, Marquette, MI 49855

$799,900

4,550 sqft

Historic downtown mixed‑use building at 221 W. Washington St, Marquette (built 1896; added onto in 1929).
Main level includes retail storefront plus private office space, offering flexible commercial use.
Brick and glass block exterior with original trim work, transom windows, and hardwood floors.
Soaring 10‑foot ceilings with large windows overlooking downtown Commons and Washington Street.
Upper level features a 2,275 SF private flat with its own dedicated Washington Street entrance.

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This listing looks promising.

Here's a quick look at some key insights for

221 West Washington Street, Marquette, MI 49855

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Est. Cap Rate

8.8%
Above avg (5.9%)
Est. NOI

$70K
Annual
Price @ 7% Cap

$1.01M
Above asking
Property Type

Commercial (General)
Built 1929

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Updated: Jun 2, 2025

Commercial Building with Living Quarters

521 W Washington Street, Marquette, MI 49855

$550,000

1,962 sqft 0.12 AC lot

Great location on Washington Street across from the Marquette Food Co‑op.
Commercial building with living quarters.
Floor plan allows for multiple configurations.
Convenient bike path right out the back door.
Off‑street parking.

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Retail Building with Front and Rear Parking

2220 S US41 Highway, Marquette, MI 49855

$700,000

3,600 sqft 0.90 AC lot

Updated retail building with front and rear parking, multiple AC units, and a separate shipping and receiving area.

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Retail Building with Living Quarters

521 W Washington Street, Marquette, MI 49855

$650,000

1,962 sqft

Versatile retail layout with attached living quarters, offering multiple configuration options in a walkable neighborhood setting.

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Mixed-Use Retail and Living Space

W 521 W Washington Street Unit SourceFi, Marquette, MI 49855

$550,000

1,962 sqft

Commercial building with living quarters, previously operating as a jewelry store, and a floor plan suited for multiple configurations.

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General Commercial Corner Lot

866 W Washington Street, Marquette, MI 49855

$499,900

2,772 sqft

General commercial corner lot with highway frontage and visibility at a major traffic light intersection.

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Updated Mixed-Use Building

519 W Washington St, Marquette, MI 49855

$859,000

3,522 sqft

Mixed-use property with a high-visibility storefront and two residential units, plus a basement steam room and back parking.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Marquette, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Downtown Ishpeming Mixed-Use Investment

200 E Division St, Ishpeming, MI 49849

$499,900

9,486 sqft

Commercial/residential building with storefronts and apartments in downtown Ishpeming.

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Corner Lot Mixed-Use Building

230 W Superior Street, Munising, MI 49862

$225,000

3,200 sqft 0.16 AC lot

Street-level space is vacant for business use, complemented by two upper apartments and a supporting parking and garage setup.

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Downtown Multi-Unit Retail Building

105/109 S Main Street, Ishpeming, MI 49849

$335,000

10,158 sqft

Two street-level commercial spaces include front storefront/display areas plus restrooms and shared access to a back parking lot door.

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Tourist Attraction Recreation Land

602 Bell Avenue, Munising, MI 49862

$7,500,000

2,714 sqft 79.00 AC lot

Privately owned recreational property with spring-fed Horseshoe Falls, woodland paths, botanical gardens, gift shop, and trout pond.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Tourist Attraction with Waterfalls

602 Bell Avenue, Munising, MI 49862

$6,900,000

2,714 sqft 79.00 AC lot

Privately owned recreational land with spring-fed Horseshoe Falls, woodland paths, gift shop, and attached living quarters.

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Prime Land in Rapid River

7683 US2 Highway, Rapid River, MI 49878

$49,900

1.97 AC lot

Commercial land with high traffic exposure in Rapid River, MI.

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Commercial Land with Existing Building

909 S Stephenson Avenue, Iron Mountain, MI 49801

$250,000

2,335 sqft 0.20 AC lot

A zoned commercial site with a 72-by-120 lot and an older 2,335 SF building on a main thoroughfare.

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Commercial Land on Highway 2

737 E Lakeshore Drive, Manistique, MI 49854

$450,000

0.97 AC lot

Prime vacant lot in high-traffic commercial area.

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Marquette, MI Storefront Properties Market Trends and Statistics

Explore 7 storefront properties for sale in Marquette, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 20,330 square feet of properties for sale, with an estimated market value of $4,608,800.

Sale prices for retail units in Marquette, MI start at $499,900, averaging $658,400, and reaching up to $859,000 — 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

Demographics Overview

Population 33K

Population Growth (5Y) +0.5%

Median Household Income $62,321

College Educated 61.0%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
49855	$685K

Taxes & Financing

Tax Rate (average for all types) 3.78%

Property Tax per SF $59.42 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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