701 N Teal Lake Avenue Negaunee, MI ^$ 275,000

701 N Teal Lake Avenue

^$ 275,000

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701 N Teal Lake Avenue

Negaunee, MI, 49866

^$ 275,000

Bedrooms-- Baths-- Sq 3,864

Monthly Estimate*

^$ 1,716

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Commercial Property for sale in Negaunee, MI

for $275,000. This 3,864 square foot building was built in 1967 on a lot size of 0.3.

Great investment opportunity in a prime Negaunee location! Situated near US 41 on one of the cityâs most traveled roads, this property offers excellent visibility and convenience for a variety of business ventures. The 3,864 square foot building is thoughtfully divided, featuring three suites on one side and two on the otherâeach with its own entrance. Two parking areas provide ample space for both staff and customers. Additional features include air conditioning throughout and a spacious basement ideal for storage. Whether you're looking to expand your business, open a new location, or generate rental income by leasing out units, this is a versatile property with strong potential. Donât miss this opportunity to grow your investment portfolio in the city of Negaunee!

Commercial Active

Price

^$ 275,000

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.3

Year Built

1967

Town/City

Negaunee

County/Region

Marquette

MLS | Web ID

50181721

Features

General

Heating Forced Air

Cooling Central A/C

Roof Rubber

Zoning B-1 - Business Commercial

Water Public Water

Status Active Active

Year Built 1967

Parking On Site Parking Lot

Water Heater Gas

County Marquette

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Negaunee

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Commercial Features Cable Internet Installed

Area Negaunee (52021)

Primary City Negaunee

Location Corner Lot

Directions From US 41 in Negaunee head South on Teal Lake Avenue to building on right just after overhead train tracks.

City Negaunee

Financial Terms Cash Commercial Loan Conventional

Legal Description NEGAUNEE CITY E1/2 OF LOT 7 AND ALL OF LOTS 8 & 9 BLK 2 OF PIONEER IRON CO'S 2ND ADD

DOM 141

Postal Code 49866

Price Per Sq Ft Total AG 71.17

Public Remarks Great investment opportunity in a prime Negaunee location! Situated near US 41 on one of the cityâs most traveled roads

Exterior

Exterior Brick Vinyl Siding

Frontage 97

Lot Size Area 0.3

Lot Dimensions 97x140

Water Features None

Roads City/County Paved Street Year Round

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

ADAM KARKI

Listing Agent

Re/Max 1St Realty

Broker

selectkarki@gmail.com

Affordability Calculator

$1,716

Per Month

Monthly Principal & Interest: $1,716
Monthly Property Taxes: --
Monthly Home Insurance: --

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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 Negaunee, MI

Average List Price ^$652,029

Percent of Sale Price 137%

About Negaunee, MI

4,527 Population

-2% Since 2002

^$48,061 Median Income

40.22 Median Age

27% 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
7/15/2025	$275,000		Listed Price

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701 N Teal Lake Avenue, Negaunee, MI, 49866 is a Commercial Property for sale at $275,000 with 3,864 sqft and a lot size of 0.3. 701 N Teal Lake Avenue was built in 1967. The property's zip code is 49866 which is in Negaunee, 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.

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701 N Teal Lake Avenue

Commercial Property for sale in Negaunee, MI

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