Houghton MI Commercial for Sale
$3,950,000
901 Razorback Houghton, MI 49931
- Type:
- Industrial
- Sq.Ft.:
- 18,750
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.44 Acres
- Year built:
- 1995
- Baths:
- MLS#:
- 50161260
ADDITIONAL INFORMATION
CITY OF HOUGHTON - INVESTMENT OPPORTUNITY! This 12 unit plaza is located in a premiere high traffic area with great exposure. Owner has consistent occupancy history and several longer term leases. Updates to the building include all units rooftop HVAC units (2022-2024), silicone roofing system with 12 year warranty (installed 2024), asphalt maintenance (2024) and exterior painting (2023). Onsite parking provides easy access for businesses occupying the units. One end unit includes drive-thru and has historically been rented to a financial institution. Current tenants are a mix of financial, retail, food service and general business services. Access to the property is via Sharon Avenue and Razorback Drive. Nearby businesses include UP Health System fitness center and clinic, various restaurants and shopping. Good traffic flow from West Houghton along Sharon Avenue to East Houghton and Michigan Technological University. Also, located in the traffic pattern leading to larger retail. Existing leases to transfer to buyer. Lot size: 39x247x303x314x125x14x31x59x162x140+/-. NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect & verify all aspects of the property & bears all risks for any inaccuracies including but not limited to estimated acreage, lot size, square footage, utilities (availability & costs associated). Real estate taxes are subject to change (possibly significant), property will be reassessed by the municipality after sale is completed & buyer should NOT assume that buyerâ??s tax bills will be similar to the sellerâ??s current tax bills. OFFERS: 72 hours response time requested on offers. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer submission & response deadlines. Traffic Data State of Michigan: https://arcg.is/1Lm9z00 Photos: Interior photos are sample of units during a time when they were unoccupied. Non-Disclosure Agreement and Prequalification/Proof of Funds required for showings and review of financials and lease information.
$475,000
815 Shelden Houghton, MI 49931
- Type:
- Industrial
- Sq.Ft.:
- 4,470
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1919
- Baths:
- MLS#:
- 50152676
ADDITIONAL INFORMATION
Here it is, the most PRIME location in the City of Houghton! Located next to the Hampton Inn, Krist, Bigby and Jimmy Johns, this attractive commercial building offers the opportunity of a lifetime! The layout consists of an unfinished basement, main floor business space and the second floor has 2 spacious apartments (2 BR and 1 BR), with each level of the building being approximately 2,235 square feet (over 6,700 total). The location of this property is truly special and unique, as it is this first business you see as you enter downtown Houghton. This proximity gives you the downtown business benefit as well as direct adjacent to College Ave where you are accessible to the students of Michigan Technological University. Easy access from two sides of US-41. Other benefits are on-site parking and wonderful views of Mt. Ripley and more! The possibilities are endless with what is possible here. In real estate, location is everything, and this property has that and more!
$1,285,000
912 Razorback Houghton, MI 49931
- Type:
- Industrial
- Sq.Ft.:
- 4,800
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.06 Acres
- Year built:
- 2015
- Baths:
- MLS#:
- 50147079
- Subdivision:
- Huron Creek
ADDITIONAL INFORMATION
Prime Commercial location in the City of Houghton! The building has a flexible floorplan with a mix of open and private areas/offices. With approximately 4,800+/- sf you could customize this for your business and possibly create more than one unit (subject to City regulations, if any). The building is situated on a corner lot near Wal-Mart, 2 hotels, restaurants, bowling alley and retail stores providing great traffic flow and exposure. This listing is for the real estate and building only. Business is not included. There are three heating/cooling systems to have zones. Parking lot is set up for approximately 18 parking spaces. Lot dimensions: 102x246x29x46x100x93x84x189+/- Site Depth: Is estimated based on average. Furnishings and personal property shown in photos is not included. NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect all aspects of the property & bears all risks for any inaccuracies. Buyer to verify all information including but not limited to the estimated acreage, lot size, square footage, utilities (availability & costs associated). Buyer should not assume the buyerâ??s taxes will be the same as sellerâ??s present tax bills. Taxes are subject to change (possibly significant) & property will be reassessed by the municipality after sale is completed. Taxes are not zero. Sellers may have audio/video recording devices present on property and buyers and agents consent to being recorded by entering property. OFFERS: 72 hours response time requested on offers. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer submission & response deadlines. Preferred closing date is on or after 11/30/2024 but before 12/31/2024. Sale may be contingent upon the closing of MLS: 50126240.
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Houghton Real Estate
The median home value in Houghton, MI is $239,500. This is higher than the county median home value of $126,400. The national median home value is $338,100. The average price of homes sold in Houghton, MI is $239,500. Approximately 30.83% of Houghton homes are owned, compared to 61.54% rented, while 7.64% are vacant. Houghton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Houghton real estate agent to arrange a tour today!
Houghton, Michigan has a population of 7,675. Houghton is less family-centric than the surrounding county with 28.04% of the households containing married families with children. The county average for households married with children is 30.83%.
The median household income in Houghton, Michigan is $24,660. The median household income for the surrounding county is $48,623 compared to the national median of $69,021. The median age of people living in Houghton is 21.9 years.
Houghton Weather
The average high temperature in July is 76.4 degrees, with an average low temperature in January of 7.4 degrees. The average rainfall is approximately 31.6 inches per year, with 201.8 inches of snow per year.