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!
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.
Commercial Opportunity in West Houghton with Tremendous Exposure! The property fronts M26/Memorial Rd. The building has 3 levels on M26 with great/expansive views over Portage Canal, Portage Lake Lift Bridge, and even beautiful sunsets. The back portion of the building is an unheated garage (~2800 sf) which fronts Houghton Avenue. This garage has access to the main building and this square footage was not included in the overall square footage in the listing. There are so many options for this property, whether it be renovating into apartments, commercial, or storefronts. Verify with the City of Houghton to see if the desired use is acceptable. The M26 level This is an up and coming portion of town with one neighbor being recently renovated, a popular neighborhood tavern next door, and a national franchise being constructed the next block to the West. According to the 2022 MDOT Traffic Count, approximately 16,000 vehicles pass by daily! This is surely an opportunity that should not be passed over! NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect property, verify all information & bears all risks for any inaccuracies. Tax information is subject to change. All measurements (acres, lot size, square footage etc) are estimated. Sellers may have audio/video recording devices present on property. By entering or being on property, Buyer, and Buyerâ??s agent consent to being recorded.
"THE DOG HOUSE" listed on the National Register of Historic Places and in business since 1899, this is the oldest bar in Houghton and Hancock! The old world woodwork and quality materials in this business is beautiful. The Douglass House Saloon, a.k.a. "The Dog" has been a popular place for drinks and pickled eggs for generations. All inventory and equipment except a couple of leased pieces is included. Armando's the restaurant side is currently closed due to lack of cooks. This space could be easily repurposed into a game room or sports bar area with burgers and sandwiches. Otherwise, reopened as a hugely popular eating spot desperately needed for breakfast and lunches. This is a must stop for MTU students! $60 to 80k or ERC (federal) included in the sale--talk to your accountant! This is the sale of the business, inventory, licenses, and ERC credits, not the building. Rent 4/24 - 3/25 $2,205 per month, 4/25 - 3/26 $2,260 per month and 4/26 - 3/27 $2,316 per month.
Houghton is located in Michigan. Houghton, Michigan has a population of 7,882. Houghton is more family-centric than the surrounding county with 33.23% of the households containing married families with children. The county average for households married with children is 30.54%.
The median household income in Houghton, Michigan is $28,418. The median household income for the surrounding county is $41,379 compared to the national median of $57,652. The median age of people living in Houghton is 22.3 years.
The average high temperature in July is 75.3 degrees, with an average low temperature in January of 8.8 degrees. The average rainfall is approximately 32.9 inches per year, with 207.7 inches of snow per year.