401 W Washington Street Marquette, MI ^$ 850,000

401 W Washington Street

^$ 850,000

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401 W Washington Street

Marquette, MI, 49855

^$ 850,000

Studio Baths0.0 Sq 8,000

Monthly Estimate*

^$ 5,649

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Studio

Commercial Property for sale in Marquette, MI

for $850,000. This 8,000 square foot building was built in 1974 on a lot size of 0.19.

Looking for the perfect location to set up shop and grow your business? Look no further than 401 W Washington in downtown Marquette! This 8,000 square foot commercial building is in a prime location and offers everything you need to attract customers and thrive. Located in the heart of downtown Marquette, this building sees heavy foot and car traffic, ensuring your business will get the exposure it needs. A parking lot is also available for customers' convenience, making it easy for them to visit your establishment. The photos in this listing were taken prior to the roof collapse 5/1/23. The increase in asking price reflects the approval of plans to completely restore the building. Work will begin soon and the sellers are willing to coordinate plans if you have specific needs for the property.

Commercial Active

Price

^$ 850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 83,789

Style

Commercial/Industrial

Lot Size

0.19

Year Built

1974

Town/City

Marquette

County/Region

Marquette

MLS | Web ID

50124901

Features

General

Heating Forced Air

Cooling Central A/C HVAC

Roof Rubber

Zoning CBD - Commercial Business District Commercial

Water Community

Status Active Active

Year Built 1974

Parking 6-10 Spaces Parking Lot

Water Heater Gas

County Marquette

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Marquette

Subdivision MI

Flood Insurance Unknown

Commercial Features ADA Accessible Concrete Floor Internet Available Display Window Restroom(s) Showroom

Area Marquette (52016)

Primary City Marquette

Location Corner Lot

Directions Southwest corner of Fifth and Washington in downtown Marquette. Between 4th and 6th street.

City Marquette

Street Name Washington

Financial Terms Cash Commercial Loan Conventional Conventional Blend Land Contract Rent/Option to Buy

Legal Description HARLOW'S ADDITION #3 LOTS 9 & 10

DOM 223

Postal Code 49855

Price Per Sq Ft Total 106.25

Coming Soon Looking for the perfect location to set up shop and grow your business? Look no further than 401 W Washington in downtown Marquette! This 8

Exterior

Exterior Aluminum Steel Frame

Frontage 100

Flood Plan Unknown

Lot Size Area 0.19

Lot Dimensions 81x100

Lot Description Downtown Dev Authority

Water Features None

Roads City/County

Waterfront Y/N No

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

ERIN WASIK

Listing Agent

Re/Max 1St Realty

Broker

ErinWasikRealtor@gmail.com

Affordability Calculator

$12,632

Per Month

Monthly Principal & Interest: $5,649
Monthly Property Taxes: $6,982
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Marquette, MI

Average List Price ^$645,762

Percent of Sale Price 24%

About Marquette, MI

21,422 Population

10% Since 2002

^$41,346 Median Income

31.88 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/12/2023	$585,000		Listed Price

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401 W Washington Street, Marquette, MI, 49855 is a Commercial Property for sale at $850,000 with 8,000 sqft and a lot size of 0.19. 401 W Washington Street is a studio with 0.0 baths and was built in 1974. The property's zip code is 49855 which is in Marquette, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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401 W Washington Street

Commercial Property for sale in Marquette, MI

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