NEW PRICE. INVESTORS, DEVELOPERS, ENTREPRENEURS you know OPPORTUNITY when you see it. This .28 acres zoned Mixed Use on West Magnetic, close to NMU Campus and Third Street corridor, is ripe for your idea. Count this a home run on so many levels with Natural Gas, Water & Sewer at the street. Projected development at the former Marquette General Hospital site 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.
Lot/land
$219,000
328 W Magnetic St, Marquette, MI 49855
--beds
--baths
0.28Acres
Unimproved Land
Built in ----
0.28 Acres Lot
$160,000 Zestimate®
$--/sqft
$-- HOA
What's special
- 230 days
- 140
- 7
Zillow last checked:
Listing updated:
Listed by:
FRIDA WAARA 906-360-9765,
RE/MAX 1ST REALTY 906-225-1136
Source: MiRealSource,MLS#: 50197679
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
- Frontage type: Road
- Frontage length: 100
Lot
- Size: 0.28 Acres
- Dimensions: 100 x 150 x 50 x 50 x 50 x 100
- Features: Large Lot - 65+ Ft., Platted, Cleared, City Lot, Walk to School
Details
- Parcel number: 525200410780
- Zoning: Mixed-Use
- Zoning description: Mixed Use
- Special conditions: Private
Utilities & green energy
- Gas: Gas At Street, Natural Gas
- Sewer: Public At Street
- Water: Public Water at Street
- Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Internet Fiber Available, Internet Spectrum
Community & HOA
HOA
- Has HOA: No
Location
- Region: Marquette
Financial & listing details
- Tax assessed value: $135,200
- Annual tax amount: $2,098
- Date on market: 1/16/2026
- Cumulative days on market: 596 days
- Listing agreement: Exclusive Right to Sell/VR
- Listing terms: Cash,Conventional,Conventional Blend
- Road surface type: Paved
Estimated market value
$160,000
$125,000 - $202,000
$1,234/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Price change | $219,000-4.4% |
Source:  MiRealSource #50197679 Report a problem | ||
| 1/25/2024 | Listed for sale | $229,000 |
Source:  Upper Peninsula AOR #50132132 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,189 | $67,600 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 49855
Nearby schools
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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