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Hancock, MI

Hancock, MI Commercial Real Estate for Sale

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Houghton, MI Portage, MI South Range, MI Dollar Bay, MI Chassell, MI Calumet, MI Atlantic Mine, MI Hubbell, MI

7 properties

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6-Unit Apartment Building with Spa

Updated: Jun 22

6-Unit Apartment Building with Spa

50561 Sixth Street, Hancock, MI 49930

$899,000

6,030 sqft 0.14 AC lot

Six apartment units totaling 6,030 square feet, built in 2015
Five units feature walk‑out balconies
Each apartment includes a personal laundry room and enclosed parking
Spa area with electric sauna and indoor swim‑in‑place pool with side jets
Three apartments include leaded stained‑glass windows, custom tile work, and jetted tubs

Business Park Industrial Parcel

Updated: Nov 4, 2025

Business Park Industrial Parcel

Dolomite Drive lot: 11, Hancock, MI 49930

Contact for pricing

1.89 AC lot

1.89 acres of industrial land
Located in the Hancock Business and Technology Park
Easy access to US‑41
Public water source
Dolomite Drive lot: 11, Hancock, MI 49930

Updated Flex Space with Garage Areas

Updated Flex Space with Garage Areas

1001 Ethel, Hancock, MI 49930

Contact for pricing

3,240 sqft

Corner-lot commercial building with mixed-use zoning, private parking, and adaptable interior areas.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Remodeled Office Building with Solar

Remodeled Office Building with Solar

205 Michigan, Hancock, MI 49930

Contact for pricing

Move-in-ready office building with reception, private offices, conference space, ample parking, and energy efficiency updates.

Partially Cleared Farmland

Partially Cleared Farmland

TBD 3 Forsman, Hancock, MI 49930

$99,000

Mixed open and wooded acreage with road frontage and Gooseneck Creek crossing the property.

Hancock Mixed-Use Property for Sale

Hancock Mixed-Use Property for Sale

209 Montezuma, Hancock, MI 49930

Contact for pricing

Mixed-use property with B-2 zoning, suitable for business or residential.

Industrial Airpark Land Parcel

Industrial Airpark Land Parcel

Co-rd-35b-Lot 2 Airport Park Road, Hancock, MI 49930

$58,000

Industrial Airpark lot near Houghton County Airport, with utilities available at/near the road and manufacturing and warehousing uses.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Hancock, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Remodeled Mixed-Use Storefront

Remodeled Mixed-Use Storefront

52062 Duncan Avenue, Hubbell, MI 49945

$299,900

2,259 sqft 0.52 AC lot

Updated storefront with an upstairs apartment and commercial refrigeration equipment.

Remodeled Party Store with Apartment

Remodeled Party Store with Apartment

52062 Duncan Avenue, Hubbell, MI 49945

$299,900

2,259 sqft

Remodeled party store with an upstairs apartment, private deck, and multiple refrigerated fixtures for daily operations.

Downtown Office Building with Two Levels

Downtown Office Building with Two Levels

608 Shelden Avenue, Houghton, MI 49931

$945,000

5,000 sqft

Office building with separate main-street and lakeshore-access levels, offering flexible floor plan configurations.

Commercial Building Site with Lot Split Option

Commercial Building Site with Lot Split Option

Tbd Razorback Drive # Part Of Lot 22, Entire Lots 23 And 24, Houghton, MI 49931

$725,000

Commercial building site on a well-traveled road between big-box retail and other commercial properties.

Off-Market Properties in Hancock, MI

Consider similar Off-Market properties in Hancock, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

109 Water St

COMMERCIAL (GENERAL)

109 Water St, Hancock, MI 49930-2038

Estimated value: by Request

0.07 AC lot

607 Elevation St

COMMERCIAL (GENERAL)

607 Elevation St, Hancock, MI 49930-1504

Estimated value: by Request

0.06 AC lot

723 Quincy St

COMMERCIAL (GENERAL)

723 Quincy St, Hancock, MI 49930-1541

Estimated value: by Request

0.11 AC lot

21342 Royce Rd

COMMERCIAL (GENERAL)

21342 Royce Rd, Hancock, MI 49930-9342

Estimated value:

$185,000

32.97 AC lot

49750 Us Hwy 41

COMMERCIAL (GENERAL)

49750 Us Hwy 41, Hancock, MI 49930-9775

Estimated value:

$210,000

11.39 AC lot

5th St

COMMERCIAL (GENERAL)

5th St, Hancock, MI 49930

Estimated value: by Request

0.23 AC lot

715 Ryan St

COMMERCIAL (GENERAL)

715 Ryan St, Hancock, MI 49930-1604

Estimated value: by Request

0.11 AC lot

20620 Paavola Rd

COMMERCIAL (GENERAL)

20620 Paavola Rd, Hancock, MI 49930-9459

Estimated value:

$225,000

3.97 AC lot

50820 Mesnard Location Rd

VACANT COMMERCIAL LAND

50820 Mesnard Location Rd, Hancock, MI 49930-9673

Estimated value: by Request

6.12 AC lot

740 Lincoln Dr

COMMERCIAL (GENERAL)

740 Lincoln Dr, Hancock, MI 49930-1515

Estimated value: by Request

0.11 AC lot

814 Water St

COMMERCIAL (GENERAL)

814 Water St, Hancock, MI 49930-1926

Estimated value: by Request

0.09 AC lot

426 Quincy St

COMMERCIAL (GENERAL)

426 Quincy St, Hancock, MI 49930-1829

Estimated value:

$165,000

0.18 AC lot

849 Franklin St

COMMERCIAL (GENERAL)

849 Franklin St, Hancock, MI 49930-1513

Estimated value:

$55,000

0.11 AC lot

Campus Dr

VACANT COMMERCIAL LAND

Campus Dr, Hancock, MI 49930

Estimated value: by Request

0.41 AC lot

Hancock, MI 49930

COMMERCIAL (GENERAL)

Hancock, MI 49930

Estimated value:

$165,000

0.11 AC lot

51303 Us Hwy 41

COMMERCIAL (GENERAL)

51303 Us Hwy 41, Hancock, MI 49930-9820

Estimated value: by Request

13.00 AC lot

408 Mine St

COMMERCIAL (GENERAL)

408 Mine St, Hancock, MI 49930-1805

Estimated value: by Request

0.04 AC lot

Hancock, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Hancock, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 9,270 square feet of properties for sale, with an estimated market value of $1,056,000.

Sale prices for business properties in Hancock, MI start at $58,000, averaging $352,000, and reaching up to $899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Hancock, MI CRE market trends — vacancy, lease rates and price per SF, updated monthly

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Demographics Overview

Population 7,199

Population Growth (5Y) -1.1%

Median Household Income $67,946

College Educated 60.0%

High-Yield Neighborhoods for Investment

Identify Hancock submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49930	$264K

Listings Trend

New vs delisted commercial listings in Houghton County

New Delisted

Total CRE Inventory on Market (SF)

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