Address
1104 Washington Street, Marquette, MI
Price
$ 325,000
Property Attributes
- MLS#50208455
- TypeCommercial
- Listing Status Active
- CountyMARQUETTE
- CityMarquette
- AreaMarquette
- NeighborhoodMarquette
- Zip49855
- StyleCommercial/Industrial
- Year Built1950
- Taxes$ 6123
- Price$ 325,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2408
- Lot Size0.13 Acres
Data Source:
MiRealSource (MIRS)
Property Description
**Prime Commercial Investment Opportunity in Marquette, Michigan!** Located at 1104 Washington St, this exceptional property is listed for $325,000, significantly below its assessed value of $417,200. This strategically positioned commercial office and retail building sits prominently on the highly trafficked US 41 Business Corridor, near the McClellan/Washington four-way stoplight, providing unparalleled visibility and accessibility for various business ventures. The building offers a total space of 2,408 sq ft, featuring two spacious suites—one upstairs and one downstairs—both of which are currently leased. The upstairs suite has a lease ending in August 2028, while the ground floor lease concludes in April 2027. Ample parking is available across upper and lower lots, accommodating both tenants and customers. This property has a strong rental history, making it a sound investment opportunity in a thriving area. Income and expense reports are available upon request, subject to a signed confidentiality agreement. Over the years, the property has been diligently maintained and updated, showcasing several key improvements: a major remodel in 1996 that included most window replacements; exterior residing completed in 2003; additional window replacements in 2005; excavation and drainage enhancements from 2007 to 2008; an extensive remodel of the upstairs suite in 2010 for a winery, which included plumbing, new bathrooms, and flooring; and a recent remodel of the lower level in 2024 for the current tenant, along with the installation of a new water heater. The boiler was replaced in March of 2016. And both units have mini split systems for AC or back up heat. Regular maintenance, including sealing the roof every two years, ensures the property remains in excellent condition, with the last seal completed in June 2026. This commercial property presents a unique blend of location, visibility, and income potential, making it an ideal choice for investors looking to capitalize on the Marquette market. Don’t miss the opportunity to add this valuable asset to your portfolio. With both units currently leased, you can collect rent until you occupy the lower level yourself in less than a year. Contact us today for lease details and financial reports, available upon a signed confidentiality agreement.
| Price History | |
|---|---|
| 5/21/2026 | Listed $325,000 |
General Features
| Heating | Baseboard,Boiler,Hot Water,Radiator |
|---|---|
| Cooling | Wall/Window A/C |
| Roof | Flat,Rubber |
| Zoning | GC - General Commercial |
| Water | Public Water |
| Status | 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 |
| Associated Document Count | 1 |
| Status | Active |
| Zoning | Commercial |
| Subdivision | MI |
| Sale/Rent | For Sale |
| 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 |
| Subj to Short Sale Apprvl | No |
| Area | Marquette (52016) |
| Primary City | Marquette |
| Location | Main Street |
| Directions | Near the busy McClellan/Washington intersection on North side of Washington - great visibility |
| City | Marquette |
| Lease Y/N | No |
| Originating MLS | Upper Peninsula Assoc of Realtor |
| Source MLS | MI Real Source |
| Financial Terms | Cash,Commercial Loan |
| Legal Description | WEST END ADD. LOT 3,BLOCK 1 EXC THE N 29' AND S 10' THEREOF |
| DOM | 119 |
| Postal Code | 49855 |
| Price Per Sq Ft Total AG | 134.97 |
| BUSINESS TYPE | Office,Retail |
| Internet Remarks | Listing Agent: JENNIFER COSCO Broker: SELECT REALTY: **Prime Commercial Investment Opportunity in Marquette,Michigan!** Located at 1104 Washington St,this exceptional property is listed for $325,000 |
| Public Remarks | **Prime Commercial Investment Opportunity in Marquette,Michigan!** Located at 1104 Washington St,this exceptional property is listed for $325,000,significantly below its assessed value of $417 |
Interior Features
| Basement Y/N | No |
|---|---|
| Ceiling Height | Less than 16 Ft. |
| Fuel Type | Natural Gas |
Exterior Features
| Exterior | Vinyl Siding,Vinyl Trim |
|---|---|
| Frontage | 50 |
| Lot Size Area | 0.13 |
| Lot Dimensions | 50x113 |
| Water Features | None |
| SEWER SEPTIC | Public Sanitary |
| Roads | City/County,Paved Street,Year Round |
| FOUNDATION TYPE | Slab |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 49855
Price
Taxes
Year Built
Visits
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