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46-Unit Hotel with Pool
For Sale
Contact for pricing
Pending

235 Hancock St, Hancock, MI 49930

Furnished lodging property with recreational, meeting, laundry, and breakfast facilities plus additional storage and parking land.

Property SizeContact for details
Days on Market143

Property Features for 235 Hancock St

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: CENTURY 21 North Country Agency
Listed By: David Jukuri · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:42AM

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 CENTURY 21 North Country Agency

Investment Insights

Based on property information with market context.

This 46-unit hotel property includes furnishings, linens, a swimming pool, hot tub, saunas, conference rooms, laundry facilities, and a continental breakfast room. Recent property work includes a membrane roof, updated siding, and a pool dehumidifier. The hotel is preparing to resume operations under the Copper Crown name.

The offering extends beyond the main lodging building. It includes a vacant 16,000-square-foot parcel currently used for parking and a 3,700-square-foot cold storage building on the south side of Hancock St. The storage structure has supported owner storage and indoor snowmobile storage. The property occupies three corners at the intersection along southbound US Highway 41, approximately one-half block from Main St. in Hancock and within reach of Houghton, universities, hospitals, and the Portage Canal.

Key Highlights

  • 46‑unit hotel with furnishings and linens included
  • Pool, hot tub, saunas, conference rooms, laundry, and breakfast room
  • 16,000‑square‑foot vacant parcel currently used for parking

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Hair Salon Dental Office Building Supply Furniture & Home Goods Kitchen & Bath Showroom Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

488
Businesses Nearby

Demographics for 49930, MI

7,135
Population
3,366
Households
2.1
Avg Household Size
36
Median Age
44%
College-Educated
96%
High-School Grad
49.5 sq mi
ZIP Area
144
Density / Sq Mi
$67,946
Median Household Income
$31,847
Median Earnings
$749
Median Rent
$211,900
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Hotel - Furnished lodging property with recreational, meeting, laundry, and breakfast facilities plus additional storage and parking land.
Where is this hotel located?
The property is located at 235 Hancock St Hancock, MI.
What are key features of this property?
This property features: 46‑unit hotel with furnishings and linens included; Pool, hot tub, saunas, conference rooms, laundry, and breakfast room; 16,000‑square‑foot vacant parcel currently used for parking
More about this property
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