$1,250,000

1507 W Fair Ave Marquette, MI 49855

8.3 acres
Land

Property details

About 1507 W Fair Ave

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.

Highlights

Home typeVacant Land
StatusActive
Lot size8.25 Acres
MLS #50166723

Summary

  • MLS Number: 50166723
  • MLS Name: Upper Peninsula Assoc of Realtors
  • Office Name: RE/MAX 1ST REALTY
  • Office Phone: (906) 225-1136
  • Office Email: callremax1st@remaxmarquette.com
  • Listing Agent: KELLIE HILLIER-GENSCHAW

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 3:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,250,000

1507 W Fair Ave

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$224,400$4,707
2023$82,500$-
2022$81,782$4,588
2021$82,500$4,382
2020$81,782$4,398
2019$82,500$193
2018$82,500$4,394
2017$82,500$4,391

History based on county public records data.

Nearby schools

8

Sandy Knoll School

Public District PK-5

1.0 mi

401 N 6th St

7

Graveraet Elementary School

Public District KG-5

1.4 mi

611 N Front St

6

Superior Hills Elementary School

Public District PK-5

1.6 mi

1201 S McClellan Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,759. Residents of Marquette, MI typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

39%
<35k
52%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

56%
Single, No Kids
3%
Single, with Kids
33%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
4%
12-17 yrs old
18%
18-34 yrs old
34%
35-64 yrs old
39%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Chico'sChico's
  • Stein MartStein Mart
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • OldsmobileOldsmobile
  • BuickBuick
  • LincolnLincoln

What do the neighbors listen to?

  • NewsNews
  • Soft Adult ContemporarySoft Adult Contemporary
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1507 W Fair Ave

This home is located at 1507 W Fair Ave in Marquette, MI and zip code 49855. Features: 0 bathroom. It has been listed on Rocket Homes since February 17, 2025 and is currently priced at $1,250,000.

Marquette, MI housing market in February 2025 saw over 3 listings sold above listed price, more than 4 sold at listed price and over 10 sold below. The number of listings in Marquette, MI decreased by 6.1% between January and February 2025. The median list price of listings available in February 2025 was $300,000, while the average time on the real estate market was 95 days.

From Rocket Homes Real Estate and based on county public records data.

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