Former Shopko for Sale in Marquette

Retail-Commercial for Sale
Catylist Listing ID: 30531861
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 121,910 SF
Gross Building Area: See Agent
Gross Land Area: 10.64 Acres
Sale Price: $4,000,000
Unit Price: $32.81 PSF
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/23/2020

Overview / Comments

Former Shopko building and land for sale at the lighted intersection of West Washington and North McClellan in Marquette, Michigan. This is an excellent opportunity to create significant value and cash flow by acquiring a vacant Shopko building in a prominent retail location for well below replacement cost and leasing up or repositioning the site. Also available for lease. Contact Listing Agent for pricing.

Additional Details

Nearest MSA: Marquette
County: Marquette
Taxing Authority: City of Marquette
Tax ID/APN: 0513740
Zoning: COMMERCIAL
Retail Clientele: General
Property Visibility: Excellent
Tenancy: Single Tenant

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,136 25,227 27,098
Median Age: 32.75 35.32 35.81
Households: 3,369 10,026 10,742
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