912 Razorback Drive $1,995,000

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    912 Razorback Drive Houghton, MI 49931

    • 4,800 sq. ft.
    • 1.06 Acres
    • Commercial
    • MLS# 50126240
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    Views: 175 Days On Site: 189

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    Property Details

    Keweenaw Gem and Gift & A well known local gift shop which also has expansive reach into the rock and gem world throughout the United States! As the owners plan their retirement, they are seeking the next owner and operator of this successful business which has three sites of operation with the main retail/business office being in Houghton, rock production shop in Dollar Bay and bismuth and copper art production shop in Lake Linden. The Houghton store/office is 4,800+/- sf and has a prime location in Houghton on a corner lot near Wal-Mart, 2 hotels, restaurants, bowling alley and retail stores providing great traffic flow and exposure. The Dollar Bay workshop is 3,600+/- sf with various work areas including processing, painting, buffing/grinding, saw and crushing areas/rooms. The Lake Linden shop is 1,440+/- sf with production room, shipping and painting areas. Operations include wholesale and retail sales in Houghton, online sales and attending numerous shows throughout the year. Features on main listing apply to the Houghton site. Houghton: Lot dimensions: 102x246x29x46x100x93x84x189+/- Site Depth: Is estimated based on average. Dollar Bay: Approx. 0.71+/- acre, well & septic, natural gas forced air heat, 110 & 220 electrical, ventilation in painting rooms, air compressor piping to most work areas, 5.6+/- miles from Houghton store. Lake Linden: Apprx 0.45+/- acre, township water & sewer, natural gas forced air heat, apprx. 12.5 miles from Houghton store, newer roof & double pane windows. All info believed accurate but not warranted. Buyer recommended to inspect all aspects of the property, verify all info & bears all risks for any inaccuracies. Tax info is subject to change (possibly significant) & property will be reassessed by the municipality after sale is completed. All measurements (acres, lot size, square footage etc) are estimated. Buyer to verify utilities, including availability. Video/Audio recording devices may be present. Prequal & NDA required.

    • General Features
      • Acreage 1.06
      • Area Municipality Houghton (31014)
      • County Houghton
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership Private
      • Subdivision Huron Creek
      • Total SqFt Finished 4800
      • Waterfront Y/N No
      • Year Built 2015
      • ZONING Other
    • Building Features
      • Cooling System Central A/C
      • Exterior Construction Other
      • Foundation Type Slab
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
      • Roofing Asphalt
    • Property Features
      • Water Public Water
      • Water Features None
      • PARKING 11-20 Spaces,Parking Lot
      • Lot Size Lengthy See Map
      • Roads City/County, Paved Street
      • Sewer Septic Public Sanitary

    Contact

    Ron Aemisegger, Jr

    Ron Aemisegger, Jr

    Sales Associate

    RE/MAX Preferred Realty

    Cell: 517-398-2428

    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: $1,995,000
        10/27/2023 9:07:00 AM New in Database Source: Multiple Listing Service New Value: $1,995,000

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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.