Retail Storefront with
For Sale
$80,000
101 Hecla Street, Laurium, MI 49913
COMMERCIAL - Laurium, MI
Property Size5,710 SF
Lot Size0.12 Acres
Price / SF$14.01
Days on Market343
Property Features for 101 Hecla Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Residential
Zoning description
Residential
Subdivision
Laurium Village
Lot features
Corner Lot, Main Street, Residential Area, Cleared
Standard status
Active
Size
5,710 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2024
Utilities
Water source
Public
Building Details
Year built
1900
Roof type
Rubber
Listing Agency:
SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS
(906) 337-2100
Listed By:
GEORGE NEWMAN · License #6501420993
(906) 369-4364
Added: Sep 4, 2025
Changed: Aug 4
Last Checked: Aug 12 at 2:06PM
MLS# 50187469
Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale storefront commercial building in Laurium offers a main commercial/business area measuring 41' by 40', with a 3/4" OSB subfloor and a new drop ceiling. The roof was replaced about 12 years ago with a new rubber membrane, and the slope directs runoff to two drain pipes at the rear of the building. Storage is available both on the main floor and in the 63'-long basement.
Power service is 200 amps, and the building is described as well insulated to help manage utility costs. The property has been used more recently for storage and a shop, and the prior use included a well-known grocery store.
The seller notes the building will need a new furnace and water heater, and that water has been turned off for approximately 10 years. Taxes are not expected to be zero and may change after the sale of the building. Zoning is listed as residential in the provided information.
Power service is 200 amps, and the building is described as well insulated to help manage utility costs. The property has been used more recently for storage and a shop, and the prior use included a well-known grocery store.
The seller notes the building will need a new furnace and water heater, and that water has been turned off for approximately 10 years. Taxes are not expected to be zero and may change after the sale of the building. Zoning is listed as residential in the provided information.
Key Highlights
- Prime commercial/business space in a high‑traffic location in Laurium.
- Solid building with a 41' X 40' main commercial area.
- New rubber membrane roof installed 12 years ago.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 45%
Burger King
Dining
7,199 visits/mo
0.4 miles
Dollar General
Shops & Services
4,929 visits/mo
0.4 miles
BP
Shops & Services
3,959 visits/mo
0.4 miles
Demographics for 49913, MI
7,218
Population
3,990
Households
1.8
Avg Household Size
42
Median Age
25%
College-Educated
93%
High-School Grad
75.5 sq mi
ZIP Area
96
Density / Sq Mi
$50,469
Median Household Income
$31,667
Median Earnings
$678
Median Rent
$92,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Solid storefront building with main sales area, basement storage, and 200-amp electrical service.
Where is this storefront property located?
The property is located at 101 Hecla Street Laurium, MI.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Prime commercial/business space in a high‑traffic location in Laurium.; Solid building with a **41' X 40' main commercial area**.; New rubber membrane roof installed 12 years ago.
