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101 NAVY STREET
HANCOCK, MI 49930

$1,190,000
MLS# 50128712

 

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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.

 
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

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DETAILS
Business Type
Total Buildings
Total Building Square Feet 4893.00
Lot Dimensions 219x79x65x44x337x94x125
Year Built (Approx.) 2008
Status: Sale Pending w/Contingency
 
 
BUILDING & CONSTRUCTION

Foundation: Slab

 

Basement: No

Exterior: Deck/Patio,Security Lighting,Wheelchair Access

Garage:

Fireplace:

 

Accessibility:

Green Features:

 

Basement: No

     

Construction Features:
Vinyl Siding,Vinyl Trim

Other Features:
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

 
UTILITIES, HEATING & COOLING

Sewer: Public At Street

Water: Public Water

     

Heat: Natural Gas: Forced Air

 

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

     
 
 
 
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:
Re/max Douglass R.e.-h

Listing Agent:
Parker, Barbara

 
 
 
 

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REAL ESTATE

Search MLS Properties
Today's New Listings

Featured Listings
Land Contract Properties

 

JOURNALS, MEDIA
& MORE

Pic of the Day
Josh's Journal

Property Tax Estimator
Snowfall Total Contest

WEBCAMS

Josh's Live Stream
Bridge Cam
Bald Eagle Cam
Maine Deer Cam

Mackinaw Bridge Cam
MTU Campus Cam

HUNTING &
FORESTRY

Hunting Journal
Buck Pole
U.P. Deer Blind
Northwoods Forest Mgmt.

 

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