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1104 W Washington St
Marquette, MI 49855

$325,000 USD

Office Residential For Sale • 2,408 SF

Property Details

Property Type Office Residential
Total Building Size 2,408 SF
Lot Size 0.44 AC
Building Class B
Year Built 1950
Cap Rate 10.34 %
Tenancy Multiple
Zoning GC

50 Walk Score

                
                    Highlights
                
                                Located on Marquette’s US 41 Business Corridor offering high exposure and traffic flow.
                            
                                Two-story building with both suites leased providing consistent income streams.
                            
                                Long-term lease agreements through 2027 and 2028 support investment security.
                            
                                Upgrades include major remodel, exterior residing, drainage improvements, and recent water heater installation.
                            
                                Convenient access and parking across upper and lower lots for tenants and visitors.
                            
                                Property priced significantly below assessed value positioning it as an attractive buy.

Cap Rate:

10.34 %

Major Tenants

Tenant	SF Occupied	Lease End Date
State Farm Insurance	1,662 SF

Amenities

24 Hour Access
Signage
Reception
Storage Space
Central Heating
DDA Compliant
Wi-Fi

Public Transportation

Airport	Drive	Walk	Distance
Marquette/Sawyer Regional	26 min	-	15.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	25
Type:	Surface
Included in Rent:	Yes

Jennifer Cosco 906-250-5548 Select Realty

1104 W Washington St Marquette, MI 49855