255 Fair Ave, Marenisco, MI, 49947
About This Home
TWO FAT GUYS BAR IN MARENISCO MI. THIS PROPERTY COULD BE USED FOR A RESTAURANT, BAR, RETAIL OR CONVERTED TO RESIDENTIAL. SHORT TERM RENTALS ARE POSSIBLE. OWNER FINANCING AVAILABLE WITH A LARGE PERCENT DOWN. THE PROPERTY HAS TWO BATHROOMS, NO SHOWERS.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2000
Materials
- Foundation: Crawlspace
- Roof: Shingle
- Construction materials: Wood Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Bar Fridge
- Laundry features: None
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Features
- Dry Bar
- Flooring: Laminate
Great Room
- Level: First
- Area: 400
- Dimensions: 20x20
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Kitchen
- Level: First
- Area: 400
- Dimensions: 20x20
Primary Bedroom
- Features: No Closet
- Level: First
- Area: 225
- Dimensions: 15x15
Property
Details
- Parcel number: 0445401900
- Zoning: RES OR COM
- Special condition: None
Features
- Levels: One
- Stories: 1
- Exterior features: Sidewalk
Lot
- Lot size: 9,000 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Winter Weather
- Strong Wind
- Hail
- Inland Flooding
- Ice Storm
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Gogebic County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,006 | $12,072 |
| Home Insurance * | $203 | $2,436 |
| Property Taxes | $202 | $2,424 |
| Electricity | $327 | $3,926 |
| Total | $1,738 | $20,856 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-22 | Price change | $199,000 |
| 2025-12-23 | Price change | $157,500 |
| 2025-09-25 | Listed for sale | $159,000 |
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