Retail Storefront with Basement
For Sale
$80,000
101 HECLA ST, Laurium, MI 49913
Solid storefront building offers 41' by 40' main commercial area plus long basement storage and shop space.
Property Size5,710 SF
Price / SF$14.01
Days on Market373
Property Features for 101 HECLA ST
General Information
Standard status
Active
Size
5,710 SF
Property subtype
Industrial
Amenities
3
Rubber
6580
Building Details
Year Built
1900
Listing Agency:
SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS
(906) 337-2100
Listed By:
GEORGE NEWMAN · License #6501420993
(906) 369-4364
Source:
Xome
Added: Aug 30, 2025
Changed: Sep 4
Last Checked: Sep 5 at 6:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SUPERIOR PROPERTIES -REAL ESTATE SALES AND RENTALS
Investment Insights
Based on property information with market context.
This solid storefront building includes a main commercial/business area measuring 41' by 40', finished with a 3/4" OSB subfloor and a new drop ceiling. The property also provides substantial storage on both the main floor and in the 63' long basement, and it has been used for storage and a shop in more recent years. A rubber membrane roof was installed about 12 years ago, and the structure includes 200 amp service and insulation intended to help manage utility costs. The building will require a new furnace and water heater, and the water has been turned off for approximately 10 years.
The building is located in the village of Laurium on a highly traveled location. Past use includes a well-known grocery store, with the prior operational footprint supporting its ongoing suitability for retail or service-oriented uses.
Additional considerations for prospective users include the need for replacement of key mechanical systems and reactivation of water service following purchase. Taxes are noted as not being zero and may change after the sale of the building.
The building is located in the village of Laurium on a highly traveled location. Past use includes a well-known grocery store, with the prior operational footprint supporting its ongoing suitability for retail or service-oriented uses.
Additional considerations for prospective users include the need for replacement of key mechanical systems and reactivation of water service following purchase. Taxes are noted as not being zero and may change after the sale of the building.
Key Highlights
- 41' x 40' main commercial/business area with 3/4" OSB subfloor and a new drop ceiling
- Rubber membrane roof installed 12 years ago
- 200 amp electrical service and well‑insulated building to support lower utility costs
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
376
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
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Solid storefront building offers 41' by 40' main commercial area plus long basement storage and shop space.
Where is this storefront property located?
The property is located at 101 HECLA ST 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: 41' x 40' main commercial/business area with 3/4" OSB subfloor and a new drop ceiling; Rubber membrane roof installed 12 years ago; 200 amp electrical service and well‑insulated building to support lower utility costs
