Josh Stein - Northen Michigan Land Brokers
405 Shelden Avenue
Houghton, MI 49931
906.523.5575 Office
906.370.4898 Cell
906.523.5650 FAX
 
 
46479 US HIGHWAY 41 HIGHWAY
HOUGHTON, MI 49931

$650,000

 
 
 
PROPERTY DESCRIPTION

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 - Popular cannabis business dispensary. 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

 
BUILDING & CONSTRUCTION

Foundation: Slab

 

Basement: No

Construction: Brick,Concrete,Vinyl Siding

Garage:

Fireplace:

 

Exterior: Security Lighting

Outbuildings:

 

Accessibility:

First Floor Bath:

 

First Floor Bedroom:

Foundation: Slab

 

Basement: No

Green Features:

 

Extras:

 
UTILITIES, HEATING & COOLING

Electric: 1 Phase Power,220 Volt Power,Bath,Cable Internet Installed,Cable TV Available,Ceramic Floor,Internet Available,Occupied,Off Street Loading,Reception Area,Restroom(s),Security Equipment,Showroom,Telephone,Tile Floors,Wood Floors,Smoke/Fire Alarm

 

Natural Gas:

Sewer: Septic

Water: Private Well,Drilled Well

Cable:

 

Telephone:

Propane Tanks:

 

Air Conditioning: Central A/C,HVAC

Heat: Natural Gas: Forced Air

 

Supplemental Heat:

 
 
 
LISTING DETAILS

MLS# 50206006

Listing Office:
Keller Williams First Up

Listing Agent:
Anderson, Robert

LOCATION
46479 US HIGHWAY 41 HIGHWAY
Houghton, MI 49931

County: Houghton

School District:

Property Tax Area: Portage Twp (31024)

Waterfront: No
Water View:
Shoreline:

Road Access: Class A,U.S. Highway,Year Round

 
DETAILS
Business Type Rec marijuana
Total Buildings
Total Building Square Feet 4750.00
Lot Dimensions 152*197*208*208
Year Built (Approx.) 1989
Status: Active
 
 
 
PHOTOS