Josh Stein - Northen Michigan Land Brokers
405 Shelden Avenue
Houghton, MI 49931
906.523.5575 Office
906.370.4898 Cell
906.523.5650 FAX
 
 
235 HANCOCK ST
HANCOCK, MI 49930

$1,900,000

 
 
 
PROPERTY DESCRIPTION

Here is a TURN KEY opportunity that does not come across very often, a chance to own a 46 unit hotel in central Hancock! The Copper Crown has been a staple in Houghton and Hancock for decades! The property has been maintained and updated as necessary through the years to include the most recent updates such as the new membrane roof, newer siding, pool dehumidifier, and more. Included in the price are all of the necessary furnishings to operate the hotel immediately such as furniture, linens, etc. The hotel features a pool, hot tub, conference rooms, saunas, laundry room, and continental breakfast room. The unique aspect of this downtown property is that the property occupies 3 corners of the intersection. There is the hotel corner, a vacant 16,000 square foot lot that has been used for parking, and a storage building on the south side of Hancock St. The availability of all of this property allows for incredible potential to include operating the hotel with these other properties to support the hotel for parking or storage, or it could allow for something completely new! The cold storage building is approximately 3700 square feet and has been most recently been used for owner storage, but also interior snowmobile storage for winter customers. The property is located on Southbound US Highway 41 (Hancock St), 1/2 of a block off of the Main St of Hancock (restaurants, shopping, future grocery store), is a quick drive/walk/bike to the City of Houghton, close to Universities, hospitals, Portage Canal, and is in the heart of all of the Keweenaw Peninsula has to offer. The hotel is set to begin operations soon to restart the lodging tradition known as the Copper Crown! Don't miss this opportunity!!

 
BUILDING & CONSTRUCTION

Foundation:

 

Basement: No

Construction:

Garage:

Fireplace:

 

Exterior:

Outbuildings:

 

Accessibility:

First Floor Bath:

 

First Floor Bedroom:

Foundation:

 

Basement: No

Green Features:

 

Extras:

 
UTILITIES, HEATING & COOLING

Electric:

 

Natural Gas:

Sewer: Public Sanitary

Water: Public Water

Cable:

 

Telephone:

Propane Tanks:

 

Air Conditioning:

Heat: Electric,Natural Gas: Boiler,Electric Heat

 

Supplemental Heat:

 
 
 
LISTING DETAILS

MLS# 50082728

Listing Office:
Century 21 Affiliated

Listing Agent:
Jukuri, David

LOCATION
235 HANCOCK ST
Hancock, MI 49930

County: Houghton

School District:

Property Tax Area: Hancock (31013)

Waterfront: No
Water View:
Shoreline:

Road Access:

 
DETAILS
Business Type
Total Buildings
Total Building Square Feet 26000.00
Lot Dimensions 175'x120' and 125'x120'
Year Built (Approx.) 1968
Status: Active
 
 
 
PHOTOS