Great mixed-use opportunity in the Village of Laurium! Situated directly on Lake Linden Avenue, this property offers a combination of commercial and residential space with excellent flexibility for an owner occupant or investment property. The main level is currently used as a barber/salon space and includes multiple work stations, a waiting area, bathroom, and separate entrance. Upstairs is a residential apartment with a comfortable living room, kitchen, 2 bedrooms, and full bathroom. A second space is partially finished, offering an opportunity to complete the work and add additional usable area. A laundry area is also available in the rear of the commercial space for the residential tenants. This property offers a unique combination of residential and commercial possibilities in a convenient, visible location. Whether you are looking for an investment property, space for your own business, or a building with lots of potential, this Laurium property is worth a look!
Take your business to the next level! This is prime commercial/business space in the village of Laurium. The building is solid and positioned in a highly traveled location. The main commercial/business area is 41' X 40', with 3/4" OSB subfloor and a new drop ceiling. 12 years ago a new rubber membrane roof was installed. The slope of the roof carries the runoff to the back of the building where the two drain pipes are located. 200 amp service for power to your enterprise and the building is well insulated to make it easier on your utilities. There is plenty of storage on both the main floor and basement, which is 63' long! The building has been used for storage and a shop recently. In the past, it was a well known grocery store. Come and check out the possibilities of this very reasonably priced commercial/business opportunity! The building will need a new furnace and water heater. The water has been turned off for about 10 years. Taxes will not be zero and may change after the sale of the building.
Laurium is located in Michigan. Laurium, Michigan has a population of 1,860. Laurium is more family-centric than the surrounding county with 32.53% of the households containing married families with children. The county average for households married with children is 30.83%.
The median household income in Laurium, Michigan is $38,333. 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 Laurium is 38.4 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.
