About This Home

This 0-bedroom, 0-bathroom commercial at 701 N Teal Lake Avenue in Negaunee, MI is listed for $255,000 ($66 per sqft). Built in 1967, the home offers 3,864 sqft of living space on a 0.30 acres lot.

Key Features

  • Built in 1967
  • 0.30 acre lot

Property Details

1967

Amenities

A/C
Listing Description

Great investment opportunity in a prime Negaunee location! Situated near US 41 on one of the city's most traveled roads, this property offers excellent visibility and convenience for a variety of business ventures. The 3,864 square foot building is thoughtfully divided, featuring three suites on one side and two on the other-each with its own entrance.

Two parking areas provide ample space for both staff and customers. Additional features include air conditioning throughout and a spacious basement ideal for storage. Whether you're looking to expand your business, open a new location, or generate rental income by leasing out units, this is a versatile property with strong potential. Don't miss this opportunity to grow your investment portfolio in the city of Negaunee!

Monthly Cost Estimate

$1,364/mo

20% down · 6.5% · 30 years

Principal$184
Interest$1,105
Insurance$74

Estimates only. Actual payments may vary.

Location

701 N Teal Lake Avenue

Negaunee, MI 49866

Property Details

Parking

Parking Lot

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 701 N Teal Lake Avenue is listed at $255,000 ($66/sqft). The estimated monthly payment is $1,363 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1967, 0.30 acre lot.

This property is listed by ADAM KARKI.

AK

ADAM KARKI

Agent at East Central, LLC

Listed by East Central, LLC · Broker phone: (906) 273-1183

MLS# 50202113· Source: Upper Peninsula Association of Realtors· 226 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.

701 N Teal Lake Avenue, Negaunee, MI 49866

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