1507 W Fair Avenue Marquette, MI ^$ 1,250,000

1507 W Fair Avenue

^$ 1,250,000

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1507 W Fair Avenue

Marquette, MI, 49855

^$ 1,250,000

Studio Baths0.0

Monthly Estimate*

^$ 7,798

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Studio

Lots and Land for sale in Marquette, MI

for $1,250,000. The lot size is 8.25.

This remarkable investment opportunity encompasses approximately 8.25 +/- acres and is centrally located in the city of Marquette. The property offers endless possibilities, including townhomes, an apartment complex, single-family homes, or office space. A comprehensive list of MU zoning allowances can be found on the Marquette City website. The location is in close to all city amenities, such as shopping, dining, Northern Michigan University, the new hospital, and Lake Superior. Marquette Senior High School and the Peninsula Medical Center are also nearby. Engineered blueprints and survey are available. With a few modifications, this property is very close to being shovel-ready.

Lots and Land Active

Price

^$ 1,250,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Vacant Land

Lot Size

8.25

Town/City

Marquette

County/Region

Marquette

MLS | Web ID

50166723

Features

General

Possession At Close

Zoning Mixed Use MU Mixed Use

Water Public Water at Street

Status Active Active

Subdivision NA MI

Style Vacant Land

County Marquette

Class VACANT LAND

Type Vacant Land

Ownership Private

Municipality Marquette

Sale/Rent For Sale

Status Detail 0

Utilities Electricity Available Natural Gas Available Water Available

Area Marquette (52016)

Primary City Marquette

Directions Washington St to N on McClellan east on Fair to property on the right.

City Marquette

School District Marquette Area School District

Financial Terms Cash

Legal Description Sec

DOM 293

Postal Code 49855

Price Per Sq Ft Total AG 151515.15

Public Remarks This remarkable investment opportunity encompasses approximately 8.25 +/- acres and is centrally located in the city of Marquette. The property offers endless possibilities including townhomes

Exterior

Frontage 240

Body of Water none

Lot Size Area 8.25

Lot Dimensions 240x1017x475x990

Fuel on Site Natural Gas

Water Features None

Roads City/County

Waterfront Y/N No

Frontage Type Road

* Excluded Features

List By

KELLIE HILLIER-GENSCHAW

Listing Agent

Re/Max 1St Realty

Broker

kellie5@earthlink.net

Affordability Calculator

$7,798

Per Month

Monthly Principal & Interest: $7,798
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

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

Lots and land listings in Marquette, MI

Average List Price ^$772,668

Percent of Sale Price 38%

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.

3701269 Elementary School

3701300 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/17/2025	$1,250,000		Listed Price

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1507 W Fair Avenue, Marquette, MI, 49855 is a Lots and Land for sale at $1,250,000 with a lot size of 8.25. 1507 W Fair Avenue is a studio with 0.0 baths. 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 6.375% 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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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.

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1507 W Fair Avenue

Lots and Land for sale in Marquette, MI

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