1104 Washington Street
Marquette, MI, 49855 $ 350,000
Bedrooms-- Baths-- Sq 2,408 Monthly Estimate*
$ 2,155
for $350,000. This 2,408 square foot building was built in 1950 on a lot size of 0.12.
Prime Commercial Investment Opportunity at 1104 Washington St in Marquette, Michigan - The city has this property assessed at 391,400 and it is listed for 350,000.00! Discover a fantastic investment opportunity with this commercial office/retail building located prominently on the US 41 Business Corridor situated near the McClellan/Washington four-way traffic stoplight, this property boasts unmatched visibility and accessibility, making it an ideal location for various business ventures. Property Highlights: Zoning: General Commercial, Size: 2,408 sq ft, Suites: Two spacious suites (one upstairs and one downstairs), both are currently leased and occupied. Parking: Ample parking spaces available across upper and lower lots, accommodating both tenants and customers. Appraisal: 2023 commercial appraisal report is available for review. Investment Potential: With a long-standing rental history and detailed income/expense reports available upon request (subject to a signed confidentiality agreement), this property represents a sound investment in a thriving area. Improvements: The property has been diligently maintained and updated over the years, showcasing a series of improvements: 1996: Major remodel with most windows replaced during this period. 2003: Exterior residing completed due to warranty claims on fading. 2005: Replacement of more windows. 2007-2008: Excavation of exterior retaining walls, sealing, and drainage enhancements. 2010: Extensive remodel of the upstairs suite for a winery, including plumbing, new bathrooms, and flooring. 2024: Extensive remodel of lower level for current tenant and new water heater installed. Regular maintenance, including sealing of the roof every two years or less, with the last seal completed in July 2024. Upgrades to windows, HVAC systems, and bathrooms have been made consistently over the years to ensure tenant satisfaction and property longevity. This commercial property offers a unique blend of location, visibility, and income potential, making it a prime choice for investors looking to capitalize on the Marquette market. Donât miss out on the chance to add this valuable asset to your portfolio!
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FeaturesGeneralHeating Baseboard Boiler Hot Water Radiator
Cooling Wall/Window A/C
Roof Flat Rubber
Zoning GC - General Commercial Commercial
Water Public Water
Status Active Active
Year Built 1950
Parking 6-10 Spaces 11-20 Spaces Parking Lot
Water Heater Gas
County Marquette
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership LLC
Municipality Marquette
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Flood Insurance Not Required
Commercial Features Carpet Internet Available Electric Available Gas Available Meeting Rooms Occupied Outbuilding(s) Outside Storage Restroom(s) Sidewalks Telephone Vinyl/Laminate Floors Wood Floors Fiber Optic Internet
Area Marquette (52016)
Primary City Marquette
Location Main Street
Directions Near McClellan/Washington intersection on North side of Washington
City Marquette
Financial Terms Cash Commercial Loan
Legal Description WEST END ADD. THE S. 113â OF LOT- 3 BLOCKâl
DOM 360
Postal Code 49855
Price Per Sq Ft Total AG 145.35
Public Remarks Prime Commercial Investment Opportunity at 1104 Washington St in Marquette Michigan - The city has this property assessed at 391 400 and it is listed for 350
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ExteriorExterior Vinyl Siding Vinyl Trim
Frontage 50
Flood Plan None
Lot Size Area 0.12
Lot Dimensions 47x113
Water Features None
Roads City/County Paved Street Year Round
Waterfront Y/N No
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InteriorCeiling Height Less than 16 Ft.
Fuel Type Natural Gas
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* Excluded FeaturesList ByJENNIFER COSCOListing Agent
marquettehomes@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,155
- Monthly Property Taxes
- $497
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCommerical listings in Marquette, MI
Average List Price $886,431
Percent of Sale Price 153%
About Marquette, MI 21,422 Population
10% Since 2002
$ 41,346 Median Income
31.88 Median Age
18% Households with Children
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 |
|---|
| 3/5/2025 | $350,000 | | Listed Price |