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$2,150,000
Est. payment /mo
16,300 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 16,300 sqft
Price per Sqft $131
MLS Listing ID 50176832
Lot Size 16.000 Acres
Acres 16.0
Lot Dimensions 696960
Property Sub-Type Commercial/Industrial
Property Description
Imagine owning a slice of Upper Peninsula potential that's as practical as it is promising—16 acres of prime real estate at 851 E US 41 in Negaunee. This isn't just land; it's a working investment with 1,427 feet of US-41 frontage that practically hums with opportunity. Tucked just beyond Negaunee's city edge, it's a quick jaunt from Marquette's bustling downtown and Negaunee's growing charm, making it a sweet spot for anyone with an eye on steady returns. Parcel B, priced at $1,000,000, spans 7.59 acres with 252 feet of frontage and anchors the deal with 73 modern storage units—8 compact 10x10s, 60 roomy 10x20s, and 5 climate-controlled 14x50s—already serving the UP's endless need for storage. Then there's Parcel A, 6.61 acres with 675 feet of frontage for $750,000, and Parcels C and D, each 0.9 acres with 250 feet of frontage at $200,000 apiece, offering plenty of room to dream big. What really sets this apart is the future it holds—site plans are drawn up for a potential build out of 350+ additional units, ready to transform this into a storage powerhouse, pending the usual zoning green lights. Picture it: 73 units churning out rent today, with the chance to scale up massively on this sprawling 16-acre canvas. That highway frontage isn't just a number—it's a billboard for your business, catching eyes from Marquette to Negaunee and beyond. Whether you grab the whole package or pick a parcel, you're stepping into a proven earner with a clear path to grow, all in a region where storage demand never quits.
Location
State MI
County Marquette
Area Negaunee (52021)
Zoning Commercial
Interior
Heating None
Exterior
Roof Type Metal
Building
Lot Description Cleared
Foundation Slab
Water Not to Property (Water)
Structure Type Metal
Others
Ownership LLC
SqFt Source Appraisal
Financing Cash,Commercial Loan
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Listed by HOST REA