Lot/land

Price cut: $10K (4/29)

$219,000

328 W Magnetic St, Marquette, MI 49855

--beds

--baths

0.28Acres

Unimproved Land

Built in ----

0.28 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

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.

182 days

102

1

Facts & features

Interior

Features

Has fireplace: No

Video & virtual tour

View 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: 549 days
Listing agreement: Exclusive Right to Sell/VR
Listing terms: Cash,Conventional,Conventional Blend
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,377/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

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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