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 Marquettes 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 Marquettes 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 infrastructure, and an available liquor license, creating an exceptional opportunity to revive one of downtowns 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 Marquettes 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 Michigans Upper Peninsula, Marquette serves as the regions 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 and entertainment destination, expanding the existing tenant mix, or pursuing a transformative mixed-use red
Listed By
Agency Name: RE/MAX 1ST REALTY
Agency Phone: 906-225-1136
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
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203 S Front Street | MLS# 50215701
This commercial property located at 203 S Front Street, Marquette, MI 49855 is currently listed for sale with an asking price of $3,500,000. Search Marquette real estate on www.ikeyrealty.com today.