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    56638 Calumet St Calumet, MI 49913

    Sponsored
    For Sale
    $495,000

    High-traffic US-41 location, 1332 sq ft

    Property size:
    1,332 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This 1,332 sq ft industrial building boasts a prime location on US Highway 41 in Calumet, MI, benefiting from excellent visibility at a major intersection. The property includes two large rooms adaptable for various office configurations, a restroom, storage room, and mechanical room. Three entrances provide convenient access, and ample paved parking is available from both US-41 and Lake Linden Avenue. The building features a metal roof (approximately 17+ years old) and a natural gas forced air heating/central air system (approximately 12+ years old). Additional storage is available in the attic. The main area measures approximately 27x19 feet, while a conference room/office is approximately 29x17 feet. The 0.53-acre parcel is subject to a Michigan Department of Transportation Carpool Parking Lot Contract (terms available upon request after prequalification/preapproval/proof of funds and NDA). A utility easement also affects the property. The seller prefers closing after October 15, 2024, or offers a rent-back option post-closing. Showings are by appointment only. All information is believed accurate but not warranted

    Property Features for 56638 Calumet St

    General Information

    Property type
    Industrial properties
    Square Feet
    1,332 SF
    Lot Size
    23,087 SF

    Building Details

    Year Built
    1995
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Calumet
    County
    Houghton
    State
    Michigan
    Longitude
    -88.45213
    Latitude
    47.237

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    FAQs

    What type of property is this?
    Industrial property - High-traffic US-41 location, 1332 sq ft
    Where is this industrial property located?
    The property is located at 56638 Calumet St Calumet, MI.
    What is the asking price?
    The asking price for this property is $495,000.
    (906) 482-0001
    Request Owner's contact information
    56638 Calumet St Calumet, MI 49913
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    56638 Calumet St Calumet, MI 49913
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