About This Home

This 0-bedroom, 0-bathroom commercial at 203 S Front Street in Marquette, MI is listed for $2,900,000 ($63 per sqft). Built in 1999, the home offers 46,101 sqft of living space on a 0.54 acres lot.

Key Features

  • Built in 1999
  • 0.54 acre lot
  • Waterfront

Property Details

1999

Amenities

WaterfrontA/C
Listing Description

Known to generations of residents and visitors as the Upfront & Company, this iconic downtown Marquette landmark is ready for a new vision. Imagine reopening one of downtown Marquette's most recognizable gathering places-a destination for weddings, live entertainment, dining, and community events once again.

This rare mixed-use commercial property offers exceptional rental income, redevelopment potential, and an irreplaceable location in the heart of downtown Marquette. Encompassing over 46,000 square feet, the property features a diverse mix of retail storefronts, professional office suites, restaurant space, banquet facilities, and event venues, creating multiple income streams and exceptional flexibility for future ownership.

The property currently generates approximately $204,720 in annual rental income, with many long-term tenants expressing interest in remaining, providing immediate cash flow and a strong foundation for continued investment, while offering future rental growth potential.

For decades, the banquet hall and restaurant served as one of Marquette's premier gathering places, hosting weddings, receptions, corporate events, concerts, fundraisers, and community celebrations. The reception hall accommodates approximately 200 guests and features a commercial kitchen, performance stage, professional sound and lighting infrastr

ucture, and an available liquor license, creating an exceptional opportunity to revive one of downtown's most recognizable event destinations. Designed with lasting craftsmanship, the building showcases impressive masonry detailing throughout and offers multiple retail storefronts, professional office suites, secure storage, a freight elevator, and a loft apartment overlooking Lake Superior and Marquette's iconic ore dock.

Located in the heart of downtown, the property is just steps from restaurants, breweries, shopping, hotels, and the Lower Harbor waterfront. As the largest city in Michigan's Upper Peninsula, Marquette serves as the region's economic, educational, healthcare, and tourism hub.

Home to Northern Michigan University, a thriving downtown, year-round tourism, award-winning outdoor recreation, and miles of Lake Superior shoreline, Marquette continues to attract residents, businesses, and visitors from across the country. Whether your vision includes reopening a premier wedding and event venue, creating a signature restaurant a

nd entertainment destination, expanding the existing tenant mix, or pursuing a transformative mixed-use redevelopment, this landmark offers limitless possibilities in one of Michigan's most sought-after destination communities.

Monthly Cost Estimate

$15,510/mo

20% down · 6.5% · 30 years

Principal$2,097
Interest$12,567
Insurance$846

Estimates only. Actual payments may vary.

Location

203 S Front Street

Marquette, MI 49855

Property Details

Parking

Offsite

Heating

Hot Water(Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 203 S Front Street is listed at $2,900,000 ($63/sqft). The estimated monthly payment is $15,510 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1999, 0.54 acre lot, Waterfront.

This property is listed by DAVE MINGAY.

DM

DAVE MINGAY

Agent at RE/MAX 1st Realty

Listed by RE/MAX 1st Realty · Broker phone: (906) 225-1136 · Broker website

MLS# 50215701· Source: Upper Peninsula Association of Realtors· 101 days on PropertySimple

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

203 S Front Street, Marquette, MI 49855

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