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Listing provided courtesy of KELLER WILLIAMS FIRST UPMLS# 50206006MLS Provider
  • 60 days on site
  • 1 views

Great commercial building for sale. This is a FABULOUS business opportunity!! Do not delay. The condition, size, and location of the building are very impressive. Located near Houghton/Hancock and Michigan Tech University. BUILDING ONLY FOR SALE - This building has two separate sections. The main area is a popular cannabis business dispensary. The secondary section is 1250 sq ft and set up as office space (unoccupied). Both areas have separate entrances. Single-story, recently renovated commercial building in Portage Township located on US41 with a tenant triple-net lease. Five years remaining on existing lease. The building is located 4 miles south of Houghton on US Highway 41 on the west side of the highway. BUILDING ONLY - FOR SALE SINGLE TENANT BUILDING 4,459+/-SQUARE FEET TOTAL RECENTLY REMODELED FOR TENANT LEASE TYPE - ABSOLUTE NET LEASE SUMMARY 5 YEARS REMAINING ON EXISTING LEASE ABSOLUTE NET LEASE $120,000 annual income TENANT PAYS REAL ESTATE TAXES TENANT PAYS INSURANCE TENANT PAYS COMMON AREA MAINTENANCE TENANT RESPONSIBLE FOR ROOF & STRUCTURE TENANT RESPONSIBLE FOR PARKING LOT TENANT RESPONSIBLE FOR HVAC NET ANNUAL LANDLORD INCOME - $120,000

Source: Great Lakes Repository, MLS#: 50206006

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  • Property Type
    Commercial Sale
  • Lot
    0.84 acres

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Kevin Prokopp

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 46479 US Highway 41 Highway

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.