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Jenn Smart

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1021 W Washington , Marquette, MI 49855
$1,100,000
Est. Payment: $5,732.25/mo
0 Bed
0 Bath
6000 Sqft
Status: active with contingency | Days on site: 272
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Prime Commercial Investment Opportunity Excellent opportunity to own a well-maintained, income-producing commercial property in a desirable Marquette location! This quality-built building, constructed in 2002, offers over 6,000 square feet of space divided into four rental units-all currently leased, providing immediate and reliable rental income. Key features a strong rental history with stable tenants, 32 parking spaces for customer and tenant convenience, independent heating systems for each unit, rubber membrane roof for long-lasting durability, security steel doors on most entries for added protection, low-maintenance design, landlord pays water, except for the laundromat, which is separately metered. This property offers a solid return in a thriving commercial area with high visibility and accessibility. Perfect for investors seeking a turnkey, low-maintenance addition to their portfolio. Don't miss this opportunity-fully leased commercial buildings in this location rarely come available! The information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied as to the accuracy of the information. References to square footage, lot size/dimensions, and age are approximate. Buyer must verify the information and bear all risk for inaccuracies.

Highlights

Listed by FRAN SEVEGNEY , 906-869-7465 RE/MAX 1ST REALTY , 906-225-1136. MiRealSource, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
0.73

Year Built

2002

County

Marquette

Area

Marquette (52016)

Listing ID

50193905

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central A/C,HVAC
Fireplaces:
Above Ground Sq Ft:6000
Water:Public Water

Exterior Features

Lot:Storm Drains,Utilities Above Ground,Utilities Underground,Cleared
Lot Dimensions:178x187
Zoning:Commercial
Roof:Rubber
Others:
  • Additional:Wheelchair Access
Sewer:Public Sanitary
Parking Features:21+ Spaces
Principal Interest
$5,732
Taxes
$1,767

Home Price

$1,100,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$220,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,732.25

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,732.25 $1,767.30 $0.00 $7,499.55
Yearly $68,787.04 $21,207.60 $0.00 $89,994.64
Total $2,063,611.08 $636,228.00 $0.00 $2,699,839.08
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Marquette, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

IDX service by Blueroof 360

Data last updated: 2026-09-02T07:12:09.900Z

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