50
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$990,000
Est. payment /mo
3,522 SqFt
Active
519 W Washington Street Marquette, MI 49855
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 3,522 sqft
Price per Sqft $281
Subdivision Mi
MLS Listing ID 50176753
Year Built 1960
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50x100
Property Sub-Type Commercial/Industrial
Property Description
Here's your chance to own a beautifully updated, income-producing property in the heart of Downtown Marquette—right on Washington Street and directly across from the Marquette Food Co-op. With Lake Superior just five blocks away and the city bike path running behind the building, this location offers the best of Marquette living. This mixed-use building features a high-visibility commercial storefront with great visibility and foot traffic. Two beautifully designed residential units are currently used as Airbnb rentals: a sleek 1-bedroom studio and a high-end 3-bedroom, 1-bath two-story loft-style apartment with 14-foot ceilings, custom cabinetry, tile accents, Miele appliances, and even heated towel racks. These are not your average Marquette rentals—thoughtful upgrades and modern finishes make them truly stand out. The second-story addition was completed in 2017 along with major updates including a new furnace, rubber roof, windows, and underground electrical. The basement includes additional workspace, storage, and a steam room—perfect for wellness professionals or anyone who wants a unique amenity. Parking in the back accommodates all three units. Whether you're looking to live upstairs while offsetting your mortgage or fully rent it out as a solid investment, this property offers both lifestyle and long-term value in one of the most walkable, desirable locations in town.
Location
State MI
County Marquette
Area Marquette (52016)
Zoning Commercial
Interior
Heating Boiler
Cooling Window Unit(s)
Exterior
Parking Features 3-5 Spaces, Off Street, Parking Lot
Roof Type Metal,Rubber
Building
Foundation Basement
Water Public Water
Structure Type Block,Vinyl Siding
Others
Ownership LLC
SqFt Source Appraisal
Energy Description Natural Gas
Financing Cash,Commercial Loan
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX 1ST REALTY