Flex Retail and Shop
For Sale
$80,000
101 HECLA ST, Laurium, MI 49913
Solid flex building with a 41' x 40' main area, rubber membrane roof, 200-amp service, and extensive basement storage.
Property Size5,710 SF
Price / SF$14.01
Days on Market344
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) 369-4364
Listed By:
GEORGE NEWMAN · License #6501420993
(906) 369-4364
Source:
Xome
Added: Sep 3, 2025
Changed: Aug 8
Last Checked: Aug 12 at 3:54AM
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.
Located at 101 Hecla Street Unit SourceFi in Laurium, this solid flex retail and shop building offers a main commercial/business area measuring 41' x 40'. The space includes a 3/4" OSB subfloor and a new drop ceiling. A rubber membrane roof was installed about 12 years ago, and the roof slope directs runoff to drain pipes at the back of the building.
Power is serviced by 200 amps, and the building is described as well insulated. Storage is available on both the main floor and basement, with a 63' long storage area. The building has been used for storage and a shop recently, and in the past it was a well-known grocery store.
The property will need a new furnace and water heater, and the water has been turned off for about 10 years. Taxes will not be zero and may change after the sale of the building.
Power is serviced by 200 amps, and the building is described as well insulated. Storage is available on both the main floor and basement, with a 63' long storage area. The building has been used for storage and a shop recently, and in the past it was a well-known grocery store.
The property will need a new furnace and water heater, and the water has been turned off for about 10 years. Taxes will not be zero and may change after the sale of the building.
Key Highlights
- Main commercial/business area measures 41' x 40' with 3/4" OSB subfloor and a new drop ceiling
- Rubber membrane roof installed about 12 years ago; roof slope directs runoff to two drain pipes at the back
- 200‑amp electrical service available for the business
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
366
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 Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Solid flex building with a 41' x 40' main area, rubber membrane roof, 200-amp service, and extensive basement storage.
Where is this flex space 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: Main commercial/business area measures 41' x 40' with 3/4" OSB subfloor and a new drop ceiling; Rubber membrane roof installed about 12 years ago; roof slope directs runoff to two drain pipes at the back; 200‑amp electrical service available for the business
