608 Shelden Ave - Loft/Creative Space FOR SALE


Houghton, MI 49931
$950,000 USD
906-482-0001
608 Shelden Ave, Houghton, MI for Sale
$950,000 USD
Loft/Creative Space - FOR SALE
1/55
null | Request Cap Rate

608 Shelden Ave
Houghton, MI 49931


HIGHLIGHTS

  • Situated in downtown Houghton with access from Shelden Ave and Lakeshore Drive
  • 5,000 sq ft with remodeled interiors, including private offices and conference rooms
  • Features central air, fiber internet, and public parking

OVERVIEW

Prime downtown Houghton location! This building has had extensive remodeling done and provides flexibility in floor plan and use. The main level has access from the main street, Shelden Ave, and the lower level has direct access from Lakeshore Drive. There is potential have use as one unit or separate the upper and lower levels into two units. The main level has one large open area 2 private offices, restroom and kitchenette area. The lower area has large conference room, 1 private office, one office/reception area, 2 restrooms and 2 storage rooms (potential additional private offices). Since 2019 the owners have invested in a new roof (6+/- years), flooring, bathrooms, some windows, insulation on interior ceiling, interior painting, exterior painting and floorplan redesign. There is a very modern feel to the property which allows for customization for your use. Fiber internet is connected to the building. There is public parking along Shelden Avenue. The property has approximately 3 to 6 parking spaces (depending on automobile size) in the back of the building. City dumpster access is located on the lower back side of the building (subject to City terms and conditions). Central air services main level only. MDIs (current occupant) new business model and expansion allows the team to shift toward remote work. NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect & verify all aspects of the property & bares all risks for any inaccuracies including but not limited to estimated acreage, lot size, square footage, utilities (availability & costs associated). Real estate taxes are subject to reassessment and buyer should NOT assume that buyers tax bills will be similar to the sellers current tax bills. Sellers 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 sellers sole discretion, with or without notice, reserves the right to set and/or modify offer submission & response deadlines.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

C1

APN/PARCEL ID

052-213-007-50

ASK ABOUT THIS PROPERTY

Kristine Jukuri WeidnerCentury 21 North Country AgencyMore Info
906-482-0001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Kristine Jukuri WeidnerCentury 21 North Country AgencyMore Info
906-482-0001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.