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

$1,190,000

 
 
 
PROPERTY DESCRIPTION

An incredible Hancock waterfront opportunity is waiting here. A rare find with expansive waterfront and bridge views. This commercial property was built in 2008 with an addition in 2021 and is in excellent condition. With close to 4,900 finished square feet this property can continue on the path to become a go-to local restaurant or possibly transition into condos. The interior plans are for 2 bars, one on each level, a large kitchen and plenty of storage. There are restrooms on both levels. Open the doors to 2 levels of outdoor seating and a 2,700 square foot covered pavilion with concrete floor. The pavilion would make a great outdoor entertaining place for weddings or parties. There is a garage storage building with over 1,500 feet of space. Trail 17 is located very close to this site and it’s easy to jump off here. The buildings include 3 furnaces one of which is new, 2 new central air units, all new kitchen equipment along with a 15-foot exhaust hood and comes with 52 parking spaces for patrons. Class C and SDM liquor licenses are included. The building is still in a construction phase but so close to opening. All plans and construction are health department approved. The seller has owned and run restaurants for decades and is willing to consult if needed. The possibilities are endless with this location.

 
BUILDING & CONSTRUCTION

Foundation: Slab

 

Basement: No

Construction: Vinyl Siding,Vinyl Trim

Garage:

Fireplace:

 

Exterior: Deck/Patio,Security Lighting,Wheelchair Access

Outbuildings:

 

Accessibility:

First Floor Bath:

 

First Floor Bedroom:

Foundation: Slab

 

Basement: No

Green Features:

 

Extras:

 
UTILITIES, HEATING & COOLING

Electric: 110 Volt Power,220 Volt Power,3 Phase Power,Additional Bldg(s),Beampost,Cable Internet Installed,Cable TV Available,Cafe/Kitchen,Ceramic Floor,Concrete Floor,Internet Available,Delivery Door,Electric Available,Elevator(s),Fence,Fixtures,Floor Drain,Furniture,Gas Available,Interior Sprinkler,Lawn Sprinkler,Network Wiring Installed,Outbuilding(s),Outside Storage,Public Restrooms,Reception Area,Restroom(s),Sidewalks,Sprinkler System,Telephone,Tile Floors,Trash Removal,Unfinished Floor,Smoke/Fire Alarm

 

Natural Gas:

Sewer: Public At Street

Water: Public Water

Cable:

 

Telephone:

Propane Tanks:

 

Air Conditioning: Central A/C,Exhaust Fan,HVAC

Heat: Natural Gas: Forced Air

 

Supplemental Heat:

 
 
 
LISTING DETAILS

MLS# 50128712

Listing Office:
Re/max Douglass R.e.-h

Listing Agent:
Parker, Barbara

LOCATION
101 NAVY STREET
Hancock, MI 49930

County: Houghton

School District:

Property Tax Area: Hancock (31013)

Waterfront: Yes
Water View:
Shoreline:

Road Access: City/County,Paved Street,Year Round

 
DETAILS
Business Type
Total Buildings
Total Building Square Feet 4893.00
Lot Dimensions 219x79x65x44x337x94x125
Year Built (Approx.) 2008
Status: Active
 
 
 
PHOTOS