202 Sawmill Lane, Marenisco, MI 49947 | MLS #50181447 | First Weber
  

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Listing provided courtesy of ZAK'S REALTY- MLS# 50181447MLS ProviderContact Information: Cell: 906-364-1146

202 Sawmill LaneMarenisco, MI 49947

Commercial · 38,950 Sq. ft. | 14.33 Acres
$549,900 Active

202 Sawmill Lane Overview

Time on Site:
353 days
Visits:
55

Incredible opportunity to own a massive 38,950 sq ft commercial building located in the Marenisco Industrial Park. Building sits on 14 acres with approximately 1,200 feet of scenic river frontage. This versatile space boasts 16+ ft high ceilings, multiple 16ft high overhead garage doors, and direct access to the ATV/snowmobile trail - ideal for a variety of industrial, storage, or recreational uses. The building features an office, handicap-accessible bathroom, and a break room for staff convenience. Located in a prime area with abundant land and natural surroundings, this property offers both functionality and potential for expansion or development.

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202 Sawmill Lane Facts & Features

  • Type Commercial
  • Sq. ft. 38,950
  • Price/Sq.ft. $14
  • Lot 14.33 Acres

Details

General

Building Information

  • New Construction: Completed
  • Year Built: 1970

Business Information

  • Business Type: Industrial - Heavy, Industrial - Medium, Industrial - Light, Manufacturing, Office, Parking, Service, Warehouse

Location/Region

  • County Or Parish: Gogebic
  • LOCATION: Dead End, Rural
  • MLS Area Minor: Marenisco Twp (27008)
  • Municipality: Marenisco Twp

Lot Information

  • LOT DESCRIPTION: Industrial, Storm Drains, Utilities Underground, Cleared

Tax Information

  • Summer Tax: 5971.49
  • Summer Tax Year: 2025
  • Tax Annual Amount: $8,495.14
  • Tax Assessed Value: $163,014.00
  • Tax Year: 2025
  • Winter Tax: 2523.65
  • Winter Tax Year: 2024

General Information

  • FUEL TYPE: Electric, Natural Gas
  • Inclusions: Real Estate Only
  • Ownership: LLC
  • Property Type: COM/IND/BUS OPP
  • Special Listing Conditions: Standard
  • Zoning: Commercial, Industrial

Interior

Building Information

  • COMMERCIAL CEILING HGT: 16-20 Feet, Greater than 20 Ft.

Building Interior

  • WATER HEATER: Gas, Propane Hot Water

General Information

  • Basement: No
  • COMMERCIAL FEATURES: 3 Phase Power, 440 Volt Power, ADA Accessible, Compressor, Concrete Floor, Delivery Area, Dock Door, Drive-In, Electric Available, Fence, Fixtures, Floor Drain, Gas Available, No Elevator, Off Street Loading, Overhead, Overhead Doors, Private Restrooms, Security Equipment, Security Syetem Owned, Sprinkler System, Truck Door(s), Underground Utilities
  • Foundation Details: Slab
  • Heating: Wall Heat, Forced Air, Space Heater
  • Living Area: 38950
  • Living Area Source: Assessors Data

Room Information

  • Living Room Level: No

Exterior

Parking Information

  • Parking Features: 21+ Spaces, On Site, Parking Lot

Lot Information

  • Frontage Length: 291
  • Lot Size: see attached survey
  • Lot Size Acres: 14.33
  • Water Source: Public Water

Waterfront/View

  • Water Body Name: River
  • Waterfront Features: Lake/River Access, River Frontage, Waterfront
  • Waterfront: Yes

Building Exterior/Construction

  • Construction Materials: Aluminum, Aluminum Trim, Metal, Metal Insulated Panel, Metal Wall, Steel Frame
  • ROADS: City/County, U.S. Highway, Year Round
  • Roof: Other-See Remarks

General Information

  • Exterior Features: Fenced Yard, Security Lighting, Fence Owned
  • Sewer: Public Sanitary, Storm, Shared Septic
  • Utilities: Electricity Connected, Natural Gas Connected, Propane, Underground Utilities, Water Connected, Propane Tank Owned

202 Sawmill Lane Neighborhood

Community

49947 (Marenisco) Demographics

45
Median Age
3
Population Density (per sq. mile)
12%
College Educated
$45,673
Estimated Median Income
243
Estimated Total Home Owners
12
Estimated Total Renters
95% / 5%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

202 Sawmill Lane Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

202 Sawmill Lane Market Data

Based on the last 30 days in this zip code

$408,761
Average List Price
$213
Average Price per Square Foot
0
Properties Sold
206
Average Days on Market
18
Properties for Sale
Calculations provided by Reliance Network

202 Sawmill Lane History

Date Event Value Agent
7/31/2025Source: Upper Peninsula MLS Added to Database
July 11, 2025