416 N Teal Lake Avenue

A 1900 Negaunee landmark ready for its next chapter, and the sellers are motivated. For more than a century, this building has been a place where the community came together. Built in 1900 and originally serving as a hospital, it spent the last 25 years as the local Masonic Lodge. Now 416 N Teal Lake Ave is ready for someone with vision to decide what comes next. Set right on Business M-28 (Teal Lake Ave), the main entry into Negaunee, and zoned B-1, the building offers 4,700 finished square feet with tall ceilings and generous, flexible space throughout. The main level includes a 2-bedroom apartment along with a large gathering room, and the second floor offers additional meeting space. It’s a natural fit for office suites, retail, studio or event space, or a conversion to more housing, and the apartment gives you a head start on rental income or an on-site residence while you plan the rest. Outside, the large lot includes parking along with a 42' x 20' four-car garage for storage, equipment, or vehicles. The building does need updates throughout, which is exactly where the opportunity lies. With great bones, frontage on Business M-28, and over 120 years of character, this is a rare chance to give a piece of Negaunee’s history a new purpose and make it your own. Bring your ideas and schedule a showing today.