Address
203 S Front Street, Marquette, MI
Price
$ 2,900,000
Property Attributes
  • MLS#50215701
  • TypeCommercial
  • Listing Status Active
  • CountyMARQUETTE
  • CityMarquette
  • AreaMarquette
  • NeighborhoodMarquette
  • Zip49855
  • StyleCommercial/Industrial
  • Year Built1999
  • Price$ 2,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage46101
  • Lot Size0.54 Acres
Data Source:
MiRealSource (MIRS)
Property Description

Known to generations of residents and visitors as the Upfront & Company, this iconic downtown Marquette landmark is ready for a new vision. Imagine reopening one of downtown Marquette's most recognizable gathering places—a destination for weddings, live entertainment, dining, and community events once again. This rare mixed-use commercial property offers exceptional rental income, redevelopment potential, and an irreplaceable location in the heart of downtown Marquette. Encompassing over 46,000 square feet, the property features a diverse mix of retail storefronts, professional office suites, restaurant space, banquet facilities, and event venues, creating multiple income streams and exceptional flexibility for future ownership. The property currently generates approximately $204,720 in annual rental income, with many long-term tenants expressing interest in remaining, providing immediate cash flow and a strong foundation for continued investment, while offering future rental growth potential. For decades, the banquet hall and restaurant served as one of Marquette's premier gathering places, hosting weddings, receptions, corporate events, concerts, fundraisers, and community celebrations. The reception hall accommodates approximately 200 guests and features a commercial kitchen, performance stage, professional sound and lighting infrastructure, and an available liquor license, creating an exceptional opportunity to revive one of downtown's most recognizable event destinations. Designed with lasting craftsmanship, the building showcases impressive masonry detailing throughout and offers multiple retail storefronts, professional office suites, secure storage, a freight elevator, and a loft apartment overlooking Lake Superior and Marquette's iconic ore dock. Located in the heart of downtown, the property is just steps from restaurants, breweries, shopping, hotels, and the Lower Harbor waterfront. As the largest city in Michigan's Upper Peninsula, Marquette serves as the region's economic, educational, healthcare, and tourism hub. Home to Northern Michigan University, a thriving downtown, year-round tourism, award-winning outdoor recreation, and miles of Lake Superior shoreline, Marquette continues to attract residents, businesses, and visitors from across the country. Whether your vision includes reopening a premier wedding and event venue, creating a signature restaurant and entertainment destination, expanding the existing tenant mix, or pursuing a transformative mixed-use redevelopment, this landmark offers limitless possibilities in one of Michigan's most sought-after destination communities.

Price History
7/21/2026 Listed $3,500,000
8/11/2026 18$2,900,000

General Features

Heating Hot Water
Cooling Central A/C
Roof Shingles
Zoning MDW - General 5
Water Public Water
Status Active
Year Built 1999
Parking Off Site
Water Heater Gas
County Marquette
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name Upfront & Company
Ownership Trust
Status Active
Zoning Commercial
Subdivision MI
Sale/Rent For Sale
Commercial Features 440 Volt Power,Cable Internet Installed,Cafe/Kitchen,Compressor,Electric Available,Elevator(s),Freight Elevator(s),Furniture,Handicap Elevator,Loading Dock(s),Meeting Rooms,Public Restrooms
Subj to Short Sale Apprvl No
Area Marquette (52016)
Primary City Marquette
Location Main Street
Directions Downtown Marquette on South Front Street,at the intersection of Front Street and Main Street/Lakeshore Boulevard.
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 Full legal description to be provided with the title work.
DOM 29
Postal Code 49855
Price Per Sq Ft Total AG 62.91
BUSINESS TYPE Bar/Tavern,Office,Restaurant,Retail
Internet Remarks Listing Agent: DAVE MINGAY Broker: RE/MAX 1ST REALTY: Known to generations of residents and visitors as the Upfront & Company
Public Remarks Known to generations of residents and visitors as the Upfront & Company

Interior Features

Basement Y/N Yes
Ceiling Height Greater than 20 Ft.
Fuel Type Natural Gas

Exterior Features

Exterior Brick,Masonry
Body of Water Lake Superior
Lot Size Area 0.54
Lot Dimensions 108x154x207x115
Water Features Great Lake
SEWER SEPTIC Public Sanitary
Roads City/County,Year Round
FOUNDATION TYPE Basement
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
AVG $1.44M
$2.9M
Year Built
AVG 1966
1999
Visits
AVG 278
1005
Data Provided by Inside Real Estate®