This remarkable investment opportunity encompasses approximately 8.25 +/- acres and is centrally located in the city of Marquette. The property offers endless possibilities, including townhomes, an apartment complex, single-family homes, or office space. A comprehensive list of MU zoning allowances can be found on the Marquette City website. The location is in close to all city amenities, such as shopping, dining, Northern Michigan University, the new hospital, and Lake Superior. Marquette Senior High School and the Peninsula Medical Center are also nearby. Engineered blueprints and survey are available. With a few modifications, this property is very close to being shovel-ready.
Lot/land
$1,200,000
1507 W Fair Ave, Marquette, MI 49855
--beds
--baths
8.25Acres
Unimproved Land
Built in ----
8.25 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 3 days |
- 115 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
KELLIE A HILLIER-GENSCHAW 906-361-7653,
RE/MAX 1ST REALTY 906-225-1136
Source: MiRealSource,MLS#: 50216880
Originating MLS: Upper Peninsula Assoc of Realtors
Originating MLS: Upper Peninsula Assoc of RealtorsFacts & features
Interior
Features
- Has fireplace: No
Video & virtual tour
Property
Features
- Waterfront features: None
- Body of water: none
- Frontage type: Road
- Frontage length: 240
Lot
- Size: 8.25 Acres
- Dimensions: 240 x 1017 x 475 x 990
Details
- Parcel number: 525200513030
- Zoning: Mixed Use MU
- Zoning description: Mixed Use
- Special conditions: Private
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public At Street
- Water: Public Water at Street
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & HOA
Community
- Subdivision: Na
HOA
- Has HOA: No
Location
- Region: Marquette
Financial & listing details
- Date on market: 7/31/2026
- Cumulative days on market: 5 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$1,597/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | $1,200,000-4% |
Source:  MiRealSource #50216880 Report a problem | ||
| 4/28/2026 | Listing removed | $1,250,000 |
Source:  Upper Peninsula AOR #50166723 Report a problem | ||
| 2/17/2025 | Listed for sale | $1,250,000+152.5% |
Source: Upper Peninsula AOR #50166723 Report a problem | ||
| 12/22/2022 | Sold | $495,000 |
Source: RE/MAX of Michigan Solds #50089881_49855 Report a problem | ||
| 9/23/2022 | Pending sale | $495,000 |
Source: Upper Peninsula AOR #50089881 Report a problem | ||
| 9/13/2022 | Listed for sale | $495,000 |
Source: Upper Peninsula AOR #50089881 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 49855
Nearby schools
GreatSchools rating
- 8/10Sandy Knoll SchoolGrades: PK-5Distance: 0.9 mi
- 9/10Marquette Senior High SchoolGrades: 7-12Distance: 0.2 mi
- 7/10Bothwell Middle SchoolGrades: 5-8Distance: 1.5 mi
Schools provided by the listing agent
- District: Marquette Area School District
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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