Located in the heart of downtown Marquette, this historic brick building presents a rare opportunity to acquire a truly iconic mixed-use investment property in one of Northern Michigan’s most desirable and consistently growing markets. Originally constructed in 1870, the property carries the timeless architectural character and historic presence that makes downtown Marquette so sought after, while offering the stability and versatility today’s investors value.

Positioned on highly visible North Third Street, the building benefits from exceptional walkability and steady year-round foot traffic generated by surrounding boutiques, restaurants, waterfront tourism, university activity, and a thriving local business community. Its location places it among some of the city’s most established and recognizable commercial spaces. This creates both long-term tenant appeal and strong future appreciation potential.

The property is thoughtfully configured as a mixed-use asset, combining established commercial occupancy with highly desirable residential living spaces. The main-level storefronts contribute to the building’s vibrant street presence and provide dependable commercial income, while the upper-level apartments offer comfortable, well-appointed residential accommodations that are well suited for long-term rentals or executive rentals.

Adding to its functionality, the building includes a spacious basement that offers additional operational flexibility through storage and utility space.

Properties of this caliber rarely become available in downtown Marquette. With its historic charm, diversified income streams, prime central location, and enduring architectural significance, 110 N Third Street represents a unique opportunity for investors seeking a stable and attractive asset in one of the Upper Peninsula’s strongest and most resilient real estate markets.

If you have any questions, please reach out to:

Jim Jorgensen and Mackenzie Thomas

(906) 226-7300 or fivewaterrealty@gmail.com