401 Jackson StNegaunee, MI 49866

  • Commercial real estate
  • 11,082 SF
For Sale
$200,000 View listing

Property Details for 401 Jackson St

Year built
1965
Lot size
0.44 AC
Property size (Sq ft)
11,082 SF
Zone code
B-1
Property type
Commercial real estate
APN
52-53-010-024-00
APU
525301002400

Description

This exceptional 10,932 square foot industrial property, located at 401 Jackson in the heart of historic downtown Negaunee, Michigan, presents a unique investment opportunity. Situated on a 0.43-acre lot, this versatile space offers endless possibilities for a variety of uses. Imagine transforming this expansive building into a modern warehouse, a thriving retail center, or even a collection of studio apartments. The possibilities are truly limitless for entrepreneurs and established businesses alike. The property's prime downtown location provides excellent visibility and accessibility, placing your business within a vibrant and growing community. This is a chance to establish a strong presence in a charming and historic setting. The building boasts a brand new roof installed in 2024, complete with a transferable 20-year guarantee, providing peace of mind for years to come. This is a significant advantage for any prospective buyer. Serious inquiries are encouraged to explore the potential of this remarkable property. Land contract options will be considered for qualified buyers. Don't miss this chance to own a substantial piece of Negaunee's thriving downtown area. Contact us today to schedule a showing and begin planning your future in this dynamic location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,316,757
    Hospitality
    $2,122,137
    Educational
    $1,765,593
    Medical
    $1,826,315
    Retail
    $2,746,478

Location Insight

City
Negaunee
County
Marquette
State
Michigan
Latitude
46.4992
Longitude
-87.6127
CBSA code
32100
CBSA name
MARQUETTE, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,027
-
-
$82,850
-
-
-
$165,700

FAQs

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