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208 E MONTEZUMA AVENUE
HOUGHTON, MI 49931

$950,000
MLS# 50136735

 

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PROPERTY DESCRIPTION

Multi - Other

Downtown Houghton – Mixed use building in the heart of the City of Houghton! Building is currently set up as 2 commercial units and 2 residential units with 6 parking spaces in garage beneath the units. The location is fantastic located one block above the main Street of Houghton with restaurants, shopping, waterfront parks, trail along the lake, close to Michigan Tech and more! Unit 1 has 2 private offices, reception/waiting area, supply room and half bathroom. Unit two includes 3 offices, reception area and half bathroom. The third office has access options from either Unit 1 or 2, depending on the lease terms and currently included in Unit 2’s lease. Unit 3 is a 3 bedroom, 1 bathroom apartment with eat-in kitchen, living room. Unit 4 is a 2 bedroom, 1 bathroom apartment with eat-in kitchen and living room. Both residential units have granite counters, beautiful cabinetry and access to their own half of the deck overlooking the downtown building-scape, glimpses of the Portage Lake Lift Bridge, the hillside across the Portage and maybe even a glimpse of the water from some angles. Units 1, 3 and 4 have access through the drive under garage. Currently the 6 parking spaces are allocated: Unit 2 has 1, Unit 3 has 3 and Unit 4 has 2. Each unit has separate utilities that tenants pay. Building has fire suppression system. Residential leases are through June 2025. Commercial leases are through November 2025. Each unit has own heating system and water heater. Staircase inside building to access roof. Property zoning is B-3 (General Business). Some photos are from previous years between tenant occupancies. Prequalification letter is required for showings. Prequalification letter and non-disclosure agreement is required to review lease information. Year Built: Foundation is original from 1900. Main level was constructed in 2010. NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect all aspects of the property & bears all risks for any inaccuracies. Buyer to verify all information including but not limited to the estimated acreage, lot size, square footage, utilities (availability & costs associated). Buyer should not assume the buyer’s taxes will be the same as seller’s present tax bills. Taxes are subject to change (possibly significant) & property will be reassessed by the municipality after sale is completed. Sellers/Tenants may have audio/video recording devices present on property and buyers and agents consent to being recorded by entering property. OFFERS: 72 hours response time requested on offers. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer submission & response deadlines.

 
LOCATION
208 E MONTEZUMA AVENUE
Houghton, MI 49931

County: Houghton

School District: Houghton-Portage Twp Schools

Property Tax Area: Houghton (31014)

Waterfront: No
Water Features:

Road Access:

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DETAILS
Total Buildings
Number of Units 4.00
Total Building Square Feet 3500.00
Acres (Approx.) 0.11
Lot Dimensions 50x100
Year Built (Approx.) 2010
Status: Active
 
 
ADDITIONAL DETAILS
Number of Levels 1 Story
 
BUILDING & CONSTRUCTION

Foundation: Basement

 

Basement: Block,Partial,Stone

Exterior: Deck

Garage: Basement Access,Electric in Garage

Fireplace:

 

Accessibility:

Green Features:

 

Basement: Block,Partial,Stone

     

Construction Features:
Other

 
UTILITIES, HEATING & COOLING

Sewer: Public Sanitary

Water: Public Water

     

Heat: Natural Gas: Forced Air

 

Air Conditioning: Central A/C

     
 
 
 
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 Affiliated

Listing Agent:
Weidner (jukuri), Kristine

 
 
 
 

HOME   |   CONTACT   

 

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
Bald Eagle Cam
Duluth Canal Cam
Mackinaw Bridge Cam

MTU Campus Cam

HUNTING &
FORESTRY

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

 

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