Address
1507 W Fair Avenue, Marquette, MI
Price
$ 1,200,000
Property Attributes
  • MLS#50216880
  • TypeLand
  • Listing Status Active
  • CountyMARQUETTE
  • CityMarquette
  • AreaMarquette
  • NeighborhoodMarquette
  • Zip49855
  • StyleVacant Land
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8.25 Acres
Data Source:
MiRealSource (MIRS)
Property 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.

Price History
7/31/2026 Listed $1,200,000

General Features

Possession At Close
Zoning Mixed Use MU
Water Public Water at Street
Status Active
Subdivision NA
Style Vacant Land
County Marquette
Class VACANT LAND
Type Vacant Land
Ownership Private
Associated Document Count 4
Status Active
Zoning Mixed Use
Subdivision MI
Sale/Rent For Sale
Utilities Electricity Available,Natural Gas Available,Water Available
Subj to Short Sale Apprvl No
Area Marquette (52016)
Primary City Marquette
Directions Washington St to N on McClellan,east on Fair to property on the right.
City Marquette
School District Marquette Area School District
Lease Y/N No
Originating MLS Upper Peninsula Assoc of Realtor
Source MLS MI Real Source
Financial Terms Cash
Legal Description Sec
DOM 57
Postal Code 49855
Price Per Sq Ft Total AG 145454.55
Public Remarks 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

Exterior Features

Frontage 240
Body of Water none
Lot Size Area 8.25
Lot Dimensions 240x1017x475x990
Fuel on Site Natural Gas
Water Features None
SEWER SEPTIC Public At Street
Roads City/County
Waterfront Y/N No
Frontage Type Road

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 Land Average in 49855

Price
AVG $520K
$1.2M
Visits
AVG 64
60
Data Provided by Inside Real Estate®