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- LoopNet Team
1150 W Washington St
Marquette, MI 49855
Vacant Former Shopko · Retail Property For Sale
Investment Highlights
- Value-Add Investment Opportunity
- Located near the UP Health System Hospital, ½ mile from Northern Michigan University campus, Holiday Inn, Country Inn & Suites, Comfort Suites
- Well below replacement cost
- Prominent Retail Location for the Market
- Great visibility and access from West Washington Street which is the main street to downtown Marquette
- Desirable Demographic Profile
PROPERTY FACTS
Amenities
- Signage
About 1150 W Washington St , Marquette, MI 49855
Colliers’ Retail Capital Markets Team is pleased to present the opportunity to acquire the freestanding former Shopko building located at the lighted intersection of West Washington Street and North McClellan Ave. a half block east of US Highway 41 and State Highway 28 also the home of Northern Michigan University, the largest student population university in the Michigan Upper Peninsula. The Property is strategically located with a lighted intersection off West Washington Street on the main commercial street in Marquette, Michigan. Surrounding retailers in the immediate vicinity include Tadych’s EconoFoods, McDonald’s, Subway, Hardee’s, Office Max, Dollar Tree, Pizza Hut, Wendy’s, Ashley Furniture Home Store, Advance Auto Parts, Applebee’s Grill, AutoZone, Taco Bell, Red Lobster, Art Van Furniture, Starbuck’s, Target, CVS Pharmacy, Menard’s, Lowe’s Home Improvement, TJ Maxx, Burger King, Best Buy, Meijer, Kohl’s, Buffalo Wild Wings, Harley-Davidson, Walgreen’s and Walmart Supercenter . This is an excellent opportunity to create significant value and cash flow by acquiring a vacant Shopko building in a prominent retail location for well below replacement cost.
PROPERTY TAXES
Parcel Number | 52-52-005-137-40 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £2,312,179 |
PROPERTY TAXES
Listing ID: 18336639
Date on Market: 29/01/2020
Last Updated:
Address: 1150 W Washington St, Marquette, MI 49855
The Retail Property at 1150 W Washington St, Marquette, MI 49855 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.