3150 Wright St - Office FOR SALE


Marquette, MI 49855
$1,425,000 USD
3150 Wright St, Marquette, MI for Sale
$1,425,000 USD
Office - FOR SALE
1/1
null | Request Cap Rate

3150 Wright St
Marquette, MI 49855


HIGHLIGHTS

  • Centrally located in Marquette’s business district with convenient access to key roadways including U.S. 41.
  • Situated on a 1.51-acre lot providing abundant on-site parking and site adaptability.
  • Single-story structure originally built in 1990, allowing for versatile commercial configurations.
  • GB zoning supports a wide array of potential uses including office, retail, and specialty services.
  • Proximity to Northern Michigan University and regional healthcare facilities enhances consistent demand.

OVERVIEW

Located in the heart of a growing commercial area, this property (real estate and building only) offers a prime location just off US-41 on Wright Street for your business or future redevelopment. The site includes a combination office/warehouse building with approximately 4,200 total square feet, including about 2,400 square feet of office space and 1,800 square feet of workshop/warehouse space. The office area features a reception area, private offices—some with partitioned meeting areas—storage/supply rooms, an equipment/mechanical room, and restrooms. The workshop area includes three overhead doors. The office space is heated by forced air and has central air conditioning, while the workshop has overhead radiant tube heat. The relatively flat site provides room for expansion. There is also a concrete slab behind the building for potential re-use/re-development. Nearby development includes the new D.J. Jacobetti Veteran’s Home currently under construction, along with established businesses, strip malls, and big-box stores. This listing is for the real estate only. A lease with the current tenant runs through December 31, 2028, and must transfer to the buyer at closing. Lot dimensions and acreage are estimates based on county records and available mapping/app data. Survey is recommended to verify all site information. Water: Water to building is via a point and privately maintained. -------- NOTICE: Information is believed accurate but not guaranteed. Buyers must inspect & verify all property details. Buyers accept all risks of inaccuracies, including but not limited to, acreage, lot size/location, square footage, & utility availability/costs. Real estate taxes will be reassessed & may change significantly after sale; do not assume your tax bills will match the seller’s. Taxes are not zero. GIS, apps and plat book pages/maps are not surveys. Audio/video recording may occur on the property; entry implies consent to recording. Buyer pre-approval or proof of funds documentation to be provided upon request. ----- OFFERS: Please allow 72 hours for a response. Seller may set or change offer deadlines at any time with or without notice.

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$594 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1.77 AC

LAND SF

77,101 SF

ZONING

UR

APN/PARCEL ID

52-08-450-028-10

ASK ABOUT THIS PROPERTY

Kristine Jukuri WeidnerCentury 21 North Country AgencyMore Info

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Kristine Jukuri WeidnerCentury 21 North Country AgencyMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.