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47150 US41
HOUGHTON, MI 49931

$1,250,000
MLS# 1100025

 

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PROPERTY DESCRIPTION

Unique waterfront and commercial opportunity just south of the City of Houghton on Portage Lake. This property operated for decades as a yacht club and restaurant and for the last 15 years +/- has been privately owned and occupied. This 4700 square foot building is ready for its next chapter of its life. The main dining and living areas are large and very spacious. The kitchen is not commercially approved at this time, but there is a lot of space to become approved again. The front porch of this building is an important part of the property as it takes advantage of all of the views Portage Lake has to offer. The main detail that sets this property above the rest of the waterfront properties in the area is the exclusive use of the 269 foot +/- dock that was recently constructed. This dock has 9 boat slips with 5 being protected and 4 being guest slips. There are 3 power and water stations on the dock with light posts strategically place throughout. At the current time there is approximately 8-10 feet of water at the end of the dock. The owners have carefully thought out the protection of the dock, by using a bubbling system for the winter to prevent ice damage to the dock. The location of the property is exceptional with its exposure to traffic on US41, distance from Michigan Tech and the City of Houghton, dock with access to Portage Lake and beyond, large parking lot, and being located on the walking/biking trail. All of these factors make this property one of a kind!

 
LOCATION
47150 US41
Houghton, MI 49931

County: Houghton

School District:

Property Tax Area: Portage Township

Waterfront: Lake
Water View: Lake
Shoreline: Sand

Road Access: Year Round

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DETAILS
Business Type Resort
Total Buildings 1.00
Total Building Square Feet 4760.00
Lot Dimensions Approx. 425'xTBD
Year Built (Approx.) 1925
Status: Active
 
 
BUILDING & CONSTRUCTION

Foundation: Stone

 

Basement: Partial

Construction: Conventional Frame

Garage:

Fireplace:

 

Exterior: Wood

Outbuildings: None

 

Accessibility:

First Floor Bath:

 

First Floor Bedroom:

Foundation: Stone

 

Basement: Partial

Green Features:

 

Extras:

 
UTILITIES, HEATING & COOLING

Electric: Yes

 

Natural Gas: Available

Sewer: Septic

Water: Drilled Well

Cable: Available

 

Telephone: Yes

Propane Tanks:

 

Air Conditioning: None

Heat: Oil Forced Air

 

Supplemental Heat: None

 
 
 
PAYMENT CALCULATOR
Loan Amount:
(enter numbers only)
Interest Rate: %
Repayment Period: YEARS
   
MONTHLY PAYMENT
*
* The Monthly Payment amount calculated may vary from the actual payment amount. Always consult your financial institution for actual amounts.
 
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Listing Office:
Century 21 North Country Agency-h

Listing Agent:
Jukuri, David

 
 
 
 

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REAL ESTATE

Search MLS Properties
Today's New Listings

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JOURNALS, MEDIA
& MORE

Pic of the Day
Josh's Journal

Property Tax Estimator
Snowfall Total Contest

WEBCAMS

Josh's Live Stream
Bald Eagle Nest Cam

Live Wolf Cam
Bridge Cam
Lake Superior Cam
Mackinaw Bridge Cam
MTU Campus Cam

HUNTING &
FORESTRY

Hunting Journal
Buck Pole
Northwoods Forest Mgmt.
Forestry Journal

 

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