328 W Magnetic St Marquette, MI 49855
Estimated payment $1,222/month
About This Lot
Attention INVESTORS. You know OPPORTUNITY when you see it. Large vacant parcel on West Magnetic: .28 acres zoned MIXED USE in a PRIME area of the City of Marquette. Building on the site of the former Marquette General Hospital is coming soon. The projected development will include housing, retail, and commercial space with pedestrian corridors and greenspace. Here's your chance to secure valuable real estate and set the bar for future development. See the livecam link with live footage of demo of MGH site. Walking distance to NMU, Third Street business corridor, mountain biking and hiking trails and Lake Superior. It's a home run on so many levels with Natural Gas, Water & Sewer at the street. Don't let this parcel pass you up. The City of Marquette is RIPE for your business idea. ACT NOW. The large lot would also make a fantastic single family home within walk/bike/however you move from place to place to 3rd Street corridor and all points of fun in MQT. Get a piece of the fab Queen City in its newest neighborhood! For more information on the future of this area: https://www.renewcollegeavemqt.org/ And check out DESIGNWORKSHOP the urban planning group working on the future of this area of Marquette: www.designworkshop.com
Property Details
Property Type
- Land
Est. Annual Taxes
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 100x150x50x50x50x100
- Cleared Lot
- Property is zoned Mixed Use
Additional Features
- Property is near schools
- Gas Available at Street
Listing and Financial Details
- Assessor Parcel Number 52-52-004-107-80
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21 | $67,600 | $0 | $0 |
| 2024 | $21 | $57,300 | $0 | $0 |
| 2023 | $1,997 | $47,000 | $0 | $0 |
| 2021 | $1,045 | $20,600 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/09/2025 01/09/25 | For Sale | $229,000 | +472.5% | -- |
| 11/20/2020 11/20/20 | Sold | $40,000 | -2.9% | -- |
| 11/04/2020 11/04/20 | Pending | -- | -- | -- |
| 08/24/2020 08/24/20 | For Sale | $41,200 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Great Northern Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $59,250 | New Conventional |
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50167623
APN: 52-52-004-107-80
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