202 Sawmill Lane Marenisco, MI ^$ 549,900

202 Sawmill Lane

^$ 549,900

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New Construction

202 Sawmill Lane

Marenisco, MI, 49947

^$ 549,900

Bedrooms-- Baths-- Sq 38,950

Monthly Estimate*

^$ 3,431

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Commercial Property for sale in Marenisco, MI

for $549,900. This 38,950 square foot building was built in 1970 on a lot size of 14.33.

Incredible opportunity to own a massive 38,950 sq ft commercial building located in the Marenisco Industrial Park. Building sits on 14 acres with approximately 1,200 feet of scenic river frontage. This versatile space boasts 16+ ft high ceilings, multiple 16ft high overhead garage doors, and direct access to the ATV/snowmobile trail - ideal for a variety of industrial, storage, or recreational uses. The building features an office, handicap-accessible bathroom, and a break room for staff convenience. Located in a prime area with abundant land and natural surroundings, this property offers both functionality and potential for expansion or development.

Commercial Active

Price

^$ 549,900

Property Type

Commercial

Taxes

^$ 8,495

Style

Commercial/Industrial

Lot Size

14.33

Year Built

1970

Town/City

Marenisco

County/Region

Gogebic

MLS | Web ID

50181447

Features

General

Heating Wall Heat Forced Air Space Heater

Roof Other-See Remarks

Water Public Water

Status Active Active

Year Built 1970

Parking 21+ Spaces On Site Parking Lot

Water Heater Gas Propane Hot Water

County Gogebic

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership LLC

Municipality Marenisco Twp

Zoning Commercial Industrial

Sale/Rent For Sale

Status Detail 0

Commercial Features 3 Phase Power 440 Volt Power ADA Accessible Compressor Concrete Floor Delivery Area Dock Door Drive-In Electric Available Fence Fixtures Floor Drain Gas Available No Elevator Off Street Loading

Area Marenisco Twp (27008)

Location Dead End Rural

Directions DO NOT FOLLOW GPS! Follow US Hwy 2 to Marenisco MI and turn right onto M-64 (Fair Ave.) at stop sign turn right continue on M-64 (Fair Ave.) turn left onto M-64 (West St.)

City Marenisco

Financial Terms Cash Commercial Loan Conventional Conventional Blend

Legal Description See attached associated document for full legal.

DOM 146

Price Per Sq Ft Total AG 14.12

Public Remarks Incredible opportunity to own a massive 38 950 sq ft commercial building located in the Marenisco Industrial Park. Building sits on 14 acres with approximately 1

Exterior

Exterior Aluminum Aluminum Trim Metal Metal Insulated Panel Metal Wall Steel Frame

Exterior Amenities Fenced Yard Security Lighting Fence Owned

Frontage 291

Body of Water River

Lot Size Area 14.33

Lot Dimensions see attached survey

Lot Description Industrial Storm Drains Utilities Underground Cleared

Water Features Lake/River Access River Frontage Waterfront

Roads City/County U.S. Highway Year Round

Waterfront Y/N Yes

Interior

Ceiling Height 16-20 Feet Greater than 20 Ft.

Fuel Type Electric Natural Gas

* Excluded Features

List By

SAMANTHA OLSON

Listing Agent

Zak's Realty

Broker

samolson36@hotmail.com

Affordability Calculator

$4,139

Per Month

Monthly Principal & Interest: $3,431
Monthly Property Taxes: $708
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 6.375% 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 Marenisco, MI

Average List Price ^$549,900

Percent of Sale Price 0%

About Marenisco, MI

224 Population

4% Since 2002

^$48,413 Median Income

55.45 Median Age

11% 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

Pricing History

Date	Price	Price Change	Description
7/11/2025	$549,900		Listed Price

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202 Sawmill Lane, Marenisco, MI, 49947 is a Commercial Property for sale at $549,900 with 38,950 sqft and a lot size of 14.33. 202 Sawmill Lane was built in 1970. The property's zip code is 49947 which is in Marenisco, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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202 Sawmill Lane

Commercial Property for sale in Marenisco, MI

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