Storefront Building with
For Sale
$70,000
101 Hecla Street, Laurium, MI 49913
COM/IND/BUS OPP, Laurium, MI
Property Size5,710 SF
Lot Size0.12 Acres
Price / SF$12.26
Days on Market389
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: Sep 25
Last Checked: Sep 27 at 11:06AM
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 5,710-square-foot storefront building in Laurium was constructed in 1900 on a 0.12-acre lot. The primary business area measures 41 feet by 40 feet and includes a 3/4-inch OSB subfloor, new drop ceiling, insulation, and 200-amp electrical service. Storage is available on the main floor and in the basement, which extends 63 feet. The property has public water, although the water service has been turned off for about 10 years. The building was recently used for storage and shop purposes and previously operated as a grocery store.
A rubber membrane roof was installed 12 years ago, with drainage directed toward the rear through two drainpipes. The property is located at 101 Hecla Street in Laurium, Michigan, and is zoned Residential. A new furnace and water heater are needed.
A rubber membrane roof was installed 12 years ago, with drainage directed toward the rear through two drainpipes. The property is located at 101 Hecla Street in Laurium, Michigan, and is zoned Residential. A new furnace and water heater are needed.
Key Highlights
- 5,710‑square‑foot building on a 0.12‑acre lot
- 41‑foot by 40‑foot main commercial area
- 63‑foot‑long basement provides additional storage
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercial property offers a main-floor business area, basement storage, public water, 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 $70,000.
What are key features of this property?
This property features: 5,710‑square‑foot building on a 0.12‑acre lot; 41‑foot by 40‑foot main commercial area; 63‑foot‑long basement provides additional storage
