407 W Memorial Road $450,000

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    407 W Memorial Road Houghton, MI 49931

    • 8,144 sq. ft.
    • 0.17 Acres
    • Commercial
    • MLS# 50132548
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    Views: 38 Days On Site: 92

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    Property Details

    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 Buyer's agent consent to being recorded.

    • General Features
      • Acreage 0.17
      • Area Municipality Houghton (31014)
      • Body of Water Portage Canal
      • County Houghton
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership Private
      • Subdivision West Houghton
      • Total SqFt Finished 8144
      • Waterfront Y/N No
      • Year Built 1900
      • ZONING Commercial
    • Building Features
      • Cooling System None
      • Exterior Construction Masonry
      • Foundation Type Slab
      • Heating System Boiler, Space Heater
      • FUEL TYPE Natural Gas
      • Roofing Asphalt, Rubber
    • Property Features
      • Water Public Water
      • Water Features None
      • PARKING On Site
      • Lot Size 50'x100' & approx 50'x50'
      • Roads Paved Street
      • Sewer Septic Public Sanitary

    Contact

    Jesse England

    Jesse England

    Real Estate Consultant

    RE/MAX Right Choice

    Direct: 810-691-4372

    Neighborhood

    49931 (Houghton) Demographics

    23 Median Age
    306 Population Density (per sq. mile)
    55% College Educated
    $28,647 Estimated Median Income
    1,354 Estimated Total Home Owners
    2,005 Estimated Total Renters
    40% / 60% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    9,497 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $245,000 Median Sales Price
    3 Homes Sold
    5 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $450,000
        2/1/2024 1:07:00 PM New in Database Source: Multiple Listing Service New Value: $450,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.