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519 W Washington

Marquette, MI 49855
  • $990,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 50176753
UPDATED: 132 min ago
$990,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,522
    SQFT
  • $281
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1960
County:

School Ratings & Info

Description

Heres 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.

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[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-07-16T23:50:07.167.
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519 W Washington Marquette, MI 49855

  • Price: $990,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 132 min ago
  • MLS #: 50176753
0
Beds
0
Baths
0
½ Baths
0.11
Acres
3,522
SQFT
$281
$/SQFT
1960
Built
Neighborhood:
Marquette (52016)
County:
Marquette
Area:
Marquette (52016)
Property Description
Heres 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.
Exterior Features

Exterior Construction BlockVinyl Siding Exterior Features Deck/Patio Foundation Type Basement Frontage 50 Location Main Street Lot Size 50x100 Parking 3-5 SpacesOff StreetParking Lot Roads City/County Roofing MetalRubber Site Depth 100 Water Features None Waterfront YN No

Interior Features

Basement YN Yes Cooling System Window Unit(s) Fuel Type Natural Gas Heating System Boiler Water Heater Other

Property Features

Additional Documents YN Yes Assessments YN No Association Or Landlord Pays ElectricGasSnow RemovalTaxesTrash RemovalWater/Sewer Business Type Apartment BldgOfficeResidential Commercial Type Commercial/Industrial Encroachment YN No Environmental Condition YN Unknown Financial Terms CashCommercial Loan Flood Insurance Not Required Flood Plain None Lease Information Lease Term 3-5 Years Lease YN No License Available YN No Municipality Marquette Ownership LLC Sale Includes Real Estate Only Sewer Septic Public Sanitary Sq Ft Source Appraisal Subject To Short Sale Approval No Type 1 to 4 Units Water Public Water Zoning Commercial

Listing courtesy of RE/MAX 1ST REALTY : 906-225-1136.

Source MLS: MiRealSource
Originating MLS: Upper Peninsula Assoc of Realtor

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-07-16T23:50:07.167.
 
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5400 Gateway Center Ste B
Mundy Twp MI, 48507