Commercial Real Estate Opportunity Historic Calumet, Michigan Jim's Pizza 6th Street Listing is for real estate only. Seller to lease restaurant and living quarters from buyer. Seller may also entertain offers on Business. An exceptional opportunity to own a piece of Historic Calumet! Jim's Pizza, a well-known local establishment, offers a unique combination of commercial space and residential income potential in the heart of Calumet's historic downtown district. The main level features the established restaurant space, offering an excellent opportunity for an owner-operator, entrepreneur, or investor looking to establish or expand a business in this charming Upper Peninsula community. Located on the upper level is a spacious and very nice 3-bedroom apartment featuring a full kitchen, 2 bathrooms, and a dedicated laundry area. The apartment offers excellent potential for rental income or comfortable living quarters for an owner wishing to live on-site. Whether you're looking to operate your own business, invest in commercial real estate, or take advantage of the added income potential of the upstairs apartment, this property offers versatility and opportunity. A rare chance to own a commercial property with residential income potential in the heart of Historic Calumet!
Located near the Calumet Theatre in historic downtown Calumet, this expansive commercial building offers a unique piece of Copper Country history. Originally built as the Croatian Co-operative Store during Calumet's copper mining boom, the building has served several purposes over the years, including an automobile dealership and, more recently, Bill's Electrical. The property features a distinctive sandstone and brick exterior, with a large interior consisting of open spaces, multiple overhead garage doors, numerous access doors, and a variety of additional rooms throughout. Sidewalks along Elm Street have recently been replaced. The building is in disrepair and will require rehabilitation, potentially including structural stabilization, interior demolition, and major renovations. With its substantial size, historic character, and proximity to downtown Calumet, the property offers potential for restoration or redevelopment. Buyers are encouraged to investigate the building's condition, applicable requirements, and feasibility of their intended use. Do not enter the property without an appointment and your agent. Entry without an agent is strictly prohibited. For scheduled showings, use caution as the property is deteriorating condition and may have unsafe areas. _________ NOTICE: Information is believed accurate but not guaranteed. Buyers must inspect & verify all property details. Buyers accept all risks of inaccuracies, including but not limited to, acreage, lot size/location, square footage, & utility availability/costs. Real estate taxes will be reassessed & may change significantly after sale; do not assume your tax bills will match the seller's. Taxes are not zero. GIS, apps and plat book pages/maps are not surveys. Audio/video recording may occur on the property; entry implies consent to recording. Buyer pre-approval and/or proof of funds documentation to be provided upon request.____________OFFERS: Please allow 72 hours for a response. Seller may set or change offer deadlines at any time with or without notice.
Calling all investors and business owners! This 1890 mixed-use building in historic downtown Calumet offers four units, including two commercial storefronts, a main-floor one-bedroom apartment, and an upper-level two-bedroom apartment. Located on Fifth Street, the building offers excellent Main Street visibility with sidewalk frontage and large display windows, plus off-street parking and alley access at the rear. The 207 Fifth Street commercial unit features hardwood floors in the front showroom, tin-style ceilings, large display windows, and a reception counter. Additional space down the hall includes private offices or rooms, a kitchenette, bathroom, and rear entrance. Both apartments have been completely updated! The upper-level two-bedroom apartment features an open-concept kitchen and living area with shaker-style cabinetry, stainless steel appliances, recessed lighting, and wood-look flooring. The main-floor one-bedroom apartment offers a spacious living area, updated kitchen with stainless steel appliances and plenty of counter space, and a generously sized bedroom. Both apartments also feature updated bathrooms. Major improvements to the building include new LP SmartSide siding, windows, exterior doors, rear stairs, sprinkler system, electrical service, two new furnaces, and new water and sewer lines from the alley. Separate utilities for all four units add to the investment appeal! Downtown Calumet is rich in Copper Country history, with shops, restaurants, and local attractions just steps away. Whether you're looking to operate your own business, live on-site, generate rental income, or expand your investment portfolio, this property offers plenty of possibilities! Seller financing of up to 20% of the purchase price may be available, subject to buyer qualification, lender approval, and mutually acceptable terms.
Take a step back in time! Discover the possibilities within the historic Mineral Range Railroad Depot. This remarkable building preserves many original details, including woodwork, beamed ceilings, mosaic tile floors, the ticket office, and other period features. The main level includes the former lobby, waiting room, ticket office, baggage room, and two vintage restrooms (non operational). Upstairs, the building offers seven rooms, along with additional attic space and a partial basement. Electrical service to the building has been updated, including a breaker panel, and some operational lights and outlets in various areas. Water and gas lines were installed to the building approximately one year ago. The property is ideally located in Calumet Township, directly beside the Michigan DNR snowmobile and ORV trail and only a few blocks from downtown Calumet. It is also a contributing structure within the Keweenaw National Historical Park (KNHP) and holds national historic significance. The current owner has completed initial restoration and stabilization work to help prepare the property for future renovation. Preliminary documentation has been prepared and reviewed by the State Historic Preservation Office (SHPO), and the seller is willing to share it so the buyer may continue the process. The buyer may also explore a potential commercial operating agreement with the Michigan DNR to maintain areas around the building within the trail right-of-way. A portion of 9th Street, between the depot and the neighboring church parking lot, is being considered for abandoning by the Village of Calumet, pending a final vote; contact the Village Manager and Calumet Township Supervisor for details. Ore cars on site are not included but may be available separately. Scaffolding shown in photos is NOT included or available. Basement is under baggage room area only. No active heat in the building. Only electric service will be activated for inspection. Survey has been completed and available for review. Buyers are recommended to talk with both the township supervisor and the Michigan DNR to verify all information and to review Buyer's intended plans for the property. ---- NOTICE: Information is believed accurate but not guaranteed. Buyers must inspect & verify all property details. Buyers accept all risks of inaccuracies, including but not limited to, acreage, lot size/location, square footage, & utility availability/costs. Real estate taxes will be reassessed & may change significantly after sale; do not assume your tax bills will match the seller's. Taxes are not zero. GIS, apps and plat book pages/maps are not surveys. Audio/video recording may occur on the property; entry implies consent to recording. Buyer pre-approval or proof of funds documentation to be provided upon request. ----OFFERS: Please allow 72 hours for a response. Seller may set or change offer deadlines at any time with or without notice.
Visibility and exposure at this high traffic 4-way stoplight intersectoin is prime! The location on US Highway 41 (Calumet Avenue) is a corner lot at the intersection of US41, 6th Street Extension and Lake Linden Avenue. The commercial building has two main rooms which could be divided up if separate offices were needed or are very functional as they are currently set up. There is also one restroom, storage room and mechanical room. There are three entrances to the building, including the front foyer. The paved parking lot has access from both US41 and Lake Linden Avenue. The building has a metal roof (approx 18+/- years) and natural gas forced air heat/central air (approx. 13+/- years). Attic area provides some storage. Main area is approx 27x19. Conference room/office is approx 29x17. Year Built: Originally Built in 1982 and the addition in 2000. The property is subject to a Michigan Department of Transportation Carpool Parking Lot Contract. Terms of the contract are available for buyer's review after prequalification/preapproval/proof of funds and a non-disclosure agreement are signed. Parcel is subject to a utility easement. Showings by appointment only. 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 buyer's taxes will be the same as seller'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.
Owners want to retire, so this is an opportunity to buy their business and participate in it's future growth. With all that is happening in the Village of Calumet, the Downtown Historic District is where you will want your business to be. The Michigan House Cafe' & Red Jacket Brewing Co. along with apartment rentals located in upper floors provide an opportunity to build your business future. In the center of the Keweenaw Peninsula, these businesses are located well to serve all those who enjoy the area: snowmobiling, ATV touring, visiting historic sites, skiing, biking, rock hounding and much more. Learn more about the area: www.visitkeweenaw.com https://www.keweenaw.org/ https://www.nps.gov/kewe/ This business successfully survived the Covid-19 Pandemic. After years in business, the Owners are now ready to retire and want a great successor. They will support the Buyer with consultation and financial tools during transition. There are also several resources available to assist with financing and growing the business further. Business Resources: https://kedabiz.com www.villageofcalumet.com www.mainstreetcalumet.com https://www.calumettownship.org/ Three Businesses in one: https://www.michiganhousecafe.com/ 1. Michigan House Cafe' -- https://www.michiganhousecafe.com/food-menu/ Serving great tasting affordable meals and beverages in a friendly saloon & dining atmosphere. 2. Red Jacket Brewing Co-- https://www.michiganhousecafe.com/red-jacket-brewing-company/ Small Batch Craft Brewing a nice selection of beers that pair well with meals. Sample them all. 18' x 24' 3 1/2 barrel PICO System with two dairy milk chillers as fermenters. Craft 4 beers regularly. Periodically produce a new brew. Red Jacket Brewery proudly supported the Ukrainians by producing the Pravda Brewing Beer Recipe and donating a share of it's proceeds. 3. Michigan House Lodging Apartments-- https://www.michiganhousecafe.com/lodging/ Fresh clean comfortable apartments, currently leased on a month-to-month basis. Lodging also currently includes a penthouse owner's suite. Recent Improvements include an upgraded Security Camera System and new roofs on the warehouse and Oak St dormers. Plus the Penthouse Suite has been freshened up. The Michigan House Cafe' and Red Jacket Brewing Co are active supporters of the local community and regularly sponsor the Great Bear Chase, the Deer Chase and the Copper Dog 150 Sled-Dog Race. They are Members of the Michigan Brewers Guild and the American Brewers Association. They purchase and use local beef. NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect & verify all aspects of the property & bares all risks for any inaccuracies including but not limited to estimated acreage, lot location/size, square footage, utilities (availability & costs associated). Real estate taxes are subject to change (possibly significant) & municipality reassessment after sale. Buyer should NOT (continued below)
Calumet is located in Michigan. Calumet, Michigan has a population of 768. Calumet is less family-centric than the surrounding county with 29.81% of the households containing married families with children. The county average for households married with children is 30.83%.
The median household income in Calumet, Michigan is $19,028. 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 Calumet is 35.8 years.
The average high temperature in July is 75.6 degrees, with an average low temperature in January of 6.6 degrees. The average rainfall is approximately 31.4 inches per year, with 207.6 inches of snow per year.
