Houghton MI Commercial for Sale

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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.

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!

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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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Houghton Real Estate

The median home value in Houghton, MI is $172,600. 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 $172,600. 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 49931 has a population of 7,675. Houghton 49931 is less family-centric than the surrounding county with 28.49% 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 49931 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 49931 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.

Houghton Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    42
    30-day change

Houghton Schools and Demographics

Education near Houghton, MI

Metric City County
High School Graduates 91.46 92.92
College Degree - 2 year 4.94 8.87
College Degree - 4 year 54.79 33.58
Graduate Degree 20.87 10.23
Expenditures per Student 13,180 13,180
Students per Teacher 16 16

Elementary Schools near Houghton, MI

School Grades Students P/T Ratio ZIP
Barkell Elementary School KG - 05 393 17.2 49930
E.B. Holman Elementary School KG - 08 158 17.6 49905
Houghton Elementary School KG - 05 631 18.1 49931
South Range Elementary School KG - 06 242 21 49963
T.R. Davis Elementary School KG - 06 177 22.7 49922

Middle Schools near Houghton, MI

School Grades Students P/T Ratio ZIP
Hancock Middle School 06 - 08 152 14.8 49930
Houghton Middle School 06 - 08 288 19.3 49931

High Schools near Houghton, MI

School Grades Students P/T Ratio ZIP
Dollar Bay High School 07 - 12 160 18.8 49922
Hancock Central High School 09 - 12 264 15.7 49930
Houghton Central High School 09 - 12 451 16.1 49931

Ungraded Schools near Houghton, MI

School Grades Students P/T Ratio ZIP
Copper Country Learning Center KG - 12 82 9.1 49930

Demographics near Houghton, MI 49931

Metric Zip Code City
Neighborhood Type Small town
Population 7,675 37,485
Population Density 1,752 37
Median Age 21.9 32.8
People per Household 2.3 2.5
Median Household Income 24,660 48,623
Average Income per Capita 20,149 27,087