Address
701 N Teal Lake Avenue, Negaunee, MI
Price
$ 255,000
Property Attributes
- MLS#50202113
- TypeCommercial
- Listing Status Active
- CountyMARQUETTE
- CityNegaunee
- AreaNegaunee
- NeighborhoodNegaunee
- Zip49866
- StyleCommercial/Industrial
- Year Built1967
- Price$ 255,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3864
- Lot Size0.3 Acres
Data Source:
MiRealSource (MIRS)
Property Description
Great investment opportunity in a prime Negaunee location! Situated near US 41 on one of the city’s most traveled roads, this property offers excellent visibility and convenience for a variety of business ventures. The 3,864 square foot building is thoughtfully divided, featuring three suites on one side and two on the other—each with its own entrance. Two parking areas provide ample space for both staff and customers. Additional features include air conditioning throughout and a spacious basement ideal for storage. Whether you're looking to expand your business, open a new location, or generate rental income by leasing out units, this is a versatile property with strong potential. Don’t miss this opportunity to grow your investment portfolio in the city of Negaunee!
| Price History | |
|---|---|
| 3/20/2026 | Listed $275,000 |
| 8/8/2026 | 8$255,000 |
General Features
| Heating | Forced Air |
|---|---|
| Cooling | Central A/C |
| Roof | Rubber |
| Zoning | B-1 - Business |
| Water | Public Water |
| Status | Active |
| Year Built | 1967 |
| Parking | On Site,Parking Lot |
| Water Heater | Gas |
| County | Marquette |
| Class | COM/IND/BUS OPP |
| Type | Commercial/Industrial |
| Ownership | Private |
| Associated Document Count | 3 |
| Status | Active |
| Zoning | Commercial |
| Subdivision | MI |
| Sale/Rent | For Sale |
| Commercial Features | Cable Internet Installed |
| Subj to Short Sale Apprvl | No |
| Area | Negaunee (52021) |
| Primary City | Negaunee |
| Location | Corner Lot |
| Directions | From US 41 in Negaunee head South on Teal Lake Avenue to building on right just after overhead train tracks. |
| City | Negaunee |
| Lease Y/N | No |
| Originating MLS | Upper Peninsula Assoc of Realtor |
| Source MLS | MI Real Source |
| Financial Terms | Cash,Commercial Loan,Conventional |
| Legal Description | NEGAUNEE CITY E1/2 OF LOT 7 AND ALL OF LOTS 8 & 9 BLK 2 OF PIONEER IRON CO'S 2ND ADD |
| DOM | 188 |
| Postal Code | 49866 |
| Price Per Sq Ft Total AG | 65.99 |
| BUSINESS TYPE | Beauty/Barber Shop,Office |
| Internet Remarks | Listing Agent: ADAM KARKI Broker: KELLER WILLIAMS FIRST UP: Great investment opportunity in a prime Negaunee location! Situated near US 41 on one of the city’s most traveled roads |
| Public Remarks | Great investment opportunity in a prime Negaunee location! Situated near US 41 on one of the city’s most traveled roads |
Interior Features
| Basement Y/N | Yes |
|---|---|
| Fuel Type | Natural Gas |
Exterior Features
| Exterior | Brick,Vinyl Siding |
|---|---|
| Frontage | 97 |
| Lot Size Area | 0.3 |
| Lot Dimensions | 97x140 |
| Site Depth | 140 |
| Water Features | None |
| SEWER SEPTIC | Public Sanitary |
| Roads | City/County,Paved Street,Year Round |
| FOUNDATION TYPE | Basement |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 49866
Price
Year Built
Visits
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