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$1,125,000 For Sale

109 W Baraga St
Marquette, MI 49855


9,440 sq ft

Commercial: Comm Bldg/No Business - MLS# 1106153
Property Photo
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Description

Brownstone Building (formerly the MQT Food Co-op) now rented as office space. Tenants (new 5 yr. lease and 4 yrs remaining of other 5 yr lease) pay their own utilities, including snowplowing and dumpster fee. Estimated Cap Rate 10% based on current rental income. Interior of entire building has been remodeled and updated. Updates include; newer roof, HVAC, windows and electrical. 101 W. Baraga is also included in the sale price. Approximately 24 parking spaces.

Features

  • Air Conditioning: Central
  • Basement: Partial
  • Cable: Yes
  • City/Township/Village: Marquette C
  • Construction: Block, Other
  • County/Area: Marquette County
  • Electric: Yes
  • Foundation: Poured
  • Heat: Natural Gas Forced Air
  • Listing Status: Active
  • Lot Dimensions: 50x89.5, 74x93
  • Natural Gas: Yes
  • Number Of Levels: 2
  • Property Type: Commercial
  • Rental Options: No Rental Available
  • Road Access: Year Round
  • Road Type: Public
  • Sewer: City
  • Sq.Ft.: 9440
  • Sub Type: Comm Bldg/No Business
  • Telephone: Yes
  • Total # Of Buildings: 1
  • Water: City
  • Year Built: 1900
  • Zip Code: 49855

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