**Prime Commercial Investment Opportunity in Marquette, Michigan!** Located at 1104 Washington St, this exceptional property is listed for $325,000, significantly below its assessed value of $417,200. This strategically positioned commercial office and retail building sits prominently on the highly trafficked US 41 Business Corridor, near the McClellan/Washington four-way stoplight, providing… Read More unparalleled visibility and accessibility for various business ventures. The building offers a total space of 2,408 sq ft, featuring two spacious suites—one upstairs and one downstairs—both of which are currently leased. The upstairs suite has a lease ending in August 2028, while the ground floor lease concludes in April 2027. Ample parking is available across upper and lower lots, accommodating both tenants and customers. This property has a strong rental history, making it a sound investment opportunity in a thriving area. Income and expense reports are available upon request, subject to a signed confidentiality agreement. Over the years, the property has been diligently maintained and updated, showcasing several key improvements: a major remodel in 1996 that included most window replacements; exterior residing completed in 2003; additional window replacements in 2005; excavation and drainage enhancements from 2007 to 2008; an extensive remodel of the upstairs suite in 2010 for a winery, which included plumbing, new bathrooms, and flooring; and a recent remodel of the lower level in 2024 for the current tenant, along with the installation of a new water heater. The boiler was replaced in March of 2016. And both units have mini split systems for AC or back up heat. Regular maintenance, including sealing the roof every two years, ensures the property remains in excellent condition, with the last seal completed in June 2026. This commercial property presents a unique blend of location, visibility, and income potential, making it an ideal choice for investors looking to capitalize on the Marquette market. Don’t miss the opportunity to add this valuable asset to your portfolio. With both units currently leased, you can collect rent until you occupy the lower level yourself in less than a year. Contact us today for lease details and financial reports, available upon a signed confidentiality agreement. Read Less
Courtesy of SELECT REALTY.
Listing Snapshot
Days Online
34
Last Updated
Property Type
Commercial/Industrial
Square Ft.
2,408
Lot Size
0.13 Acres
Year Built
1950
MLS Number
50208455
30 Days Snapshot Of 49855
$630k
+50%
(avg) sold price
5
+400%
homes sold
67
-90%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
City/County, Paved Street, Year Round
Amenities
Carpet, Internet Available, Electric Available, Gas Available, Meeting Rooms, Occupied, Outbuilding(s), Outside Storage, Restroom(s), Sidewalks, Telephone, Vinyl/Laminate Floors, Wood Floors, Fiber Optic Internet
Building
2,408 square feet, Built in 1950, Office
Cooling
Wall/Window A/C
Exterior Features
Vinyl Siding, Vinyl Trim
Foundation
Slab
Water Features
None, Gas, Public Water
Heating
Baseboard, Boiler, Hot Water, Radiator, Natural Gas
Interior Features
Less than 16 Ft.
Lot
0.13 acres, Lot size: 50x113
Parking
6-10 Spaces, 11-20 Spaces, Parking Lot
Property
Office, Retail, Commercial
Roof
Flat, Rubber
Sewer
Public Sanitary
Taxes
Total amount: $6,124, Year: 2025
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