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$444,500
Est. payment /mo
1,500 SqFt
Price Dropped by $3K
205 Michigan Street Hancock, MI 49930
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $296
Subdivision Mi
MLS Listing ID 50210260
Year Built 1900
Lot Size 0.700 Acres
Acres 0.7
Lot Dimensions 200x100x100x110x100x214
Property Sub-Type Commercial/Industrial
Property Description
Excellent commercial opportunity for an investor or business owner seeking office space. This beautifully remodeled, well-maintained building offers a main level with a reception area and built-in cubicles, plus three private offices, including a spacious suite with its own restroom and a conference room with French doors. The wood conference room table and 8 chairs are included (must write into the purchase agreement). The unfinished lower level features a large open area, storage and mechanical rooms, and an easy-to-maintain epoxy floor. Located on the corner of Michigan and Water Streets, the property includes ample parking in both the front and rear. Since 2017, updates have included a 96% efficient furnace, a 5.12 kW solar electric system with inverter, LED lighting, a sump pump system, R21 wall insulation, R60 ceiling insulation, added basement heat, a dehumidifier, thermal-blinds, windows, and a fully remodeled main level. The building is highly energy efficient, offering long-term savings and a true move-in-ready space for your business. The site provides potential to expand the building, if you don't need as much parking space. The area is also seeing exciting growth, including Skyline Commons with its mix of residential and commercial development. Air compressor in basement is NOT included but may be available separately. ------ 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.
Location
State MI
County Houghton
Area Hancock (31013)
Zoning Other
Interior
Heating Forced Air
Cooling Dehumidifier
Exterior
Parking Features 21+ Spaces, Parking Lot
Roof Type Rubber
Building
Foundation Basement
Water Public Water
Structure Type Brick,Wood
Others
Ownership Private
SqFt Source Estimated
Energy Description Natural Gas,Solar
Financing Cash,Commercial Loan,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by CENTURY 21 AFFILIATED
NEARBY SCHOOL & BUSINESS
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