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Jenn Smart

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1507 W Fair , Marquette, MI 49855
$1,200,000
Est. Payment: $6,253.37/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 2
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

This remarkable investment opportunity encompasses approximately 8.25 +/- acres and is centrally located in the city of Marquette. The property offers endless possibilities, including townhomes, an apartment complex, single-family homes, or office space. A comprehensive list of MU zoning allowances can be found on the Marquette City website. The location is in close to all city amenities, such as shopping, dining, Northern Michigan University, the new hospital, and Lake Superior. Marquette Senior High School and the Peninsula Medical Center are also nearby. Engineered blueprints and survey are available. With a few modifications, this property is very close to being shovel-ready.

Highlights

Listed by KELLIE HILLIER-GENSCHAW , 906-361-7653 RE/MAX 1ST REALTY , 906-225-1136. MiRealSource, Inc. mls logo

Property Type

Vacant Land

Lot/Acreage
8.25

County

Marquette

Area

Marquette (52016)

Neighborhood

Na

School District

Marquette Area School District

Listing ID

50216880

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public Water at Street

Exterior Features

Lot Dimensions:240x1017x475x990
Zoning:Mixed Use
Sewer:Public At Street
Principal Interest
$6,253
Taxes
$765

Home Price

$1,200,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$240,000
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:
$6,253.37

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,253.37 $765.00 $0.00 $7,018.37
Yearly $75,040.40 $9,180.00 $0.00 $84,220.40
Total $2,251,212.09 $275,400.00 $0.00 $2,526,612.09
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: 2026-09-02T03:11:55.100Z

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