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Three-Level Mixed-Use Building
For Sale
Contact for pricing

407 W Memorial, Houghton, MI 49931

Cleared interior with attached garage and elevated views toward the Portage Canal and Houghton Lift Bridge.

Property SizeContact for details
Days on Market81

Property Features for 407 W Memorial

General Information

Standard status Active
Property subtype Special Purpose

Property Condition

Severity Repairs Needed
Evidence roof leaks in a couple of locations

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1900
Buildings 1
Stories 3
Listing Agency: CENTURY 21 North Country Agency
Listed By: David Jukuri · License #MI
Source: Crexi
Added: Jun 12 Changed: Aug 29 Last Checked: Aug 31 at 5:22AM

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.

Built in 1900, this three-level mixed-use property has been cleared of its prior interior contents and maintained with heat through the winter. The rear portion includes an unheated garage of approximately 2,800 square feet, connected to the main building from inside; that area is not included in the listed building total. Roof leaks are reported in a couple of locations and should be evaluated as part of a buyer’s inspection.

The property fronts M-26, also identified as Memorial Road, in Houghton. Its elevated position provides views toward the Portage Canal, the Houghton Lift Bridge, and the surrounding area. The building may support residential conversion, mixed-use development, commercial occupancy, or street-level storefronts, subject to confirmation with the City of Houghton.

Key Highlights

  • Three‑level building constructed in 1900
  • Approximately 2,800‑square‑foot unheated rear garage with interior access
  • Garage area is excluded from the listed building total

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Plumbing Service Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Veterinary Clinic Bakery

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

763
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Hotels & Casinos 29% Home Improvements & Furnishings 14% Shops & Services 13%
Little Caesars Pizza Dining
4,929 visits/mo 0.3 miles
Quality Inn & Suites Hotels & Casinos
1,808 visits/mo 0.4 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
1,706 visits/mo 0.3 miles
Ramada Inn Hotels & Casinos
1,640 visits/mo 0.3 miles
BP Shops & Services
1,507 visits/mo 0.4 miles

Demographics for 49931, MI

10,307
Population
3,490
Households
3
Avg Household Size
25
Median Age
60%
College-Educated
95%
High-School Grad
26.4 sq mi
ZIP Area
390
Density / Sq Mi
$47,279
Median Household Income
$10,579
Median Earnings
$853
Median Rent
$221,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Cleared interior with attached garage and elevated views toward the Portage Canal and Houghton Lift Bridge.
Where is this mixed-use property located?
The property is located at 407 W Memorial Houghton, MI.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Three‑level building constructed in 1900; Approximately 2,800‑square‑foot unheated rear garage with interior access; Garage area is excluded from the listed building total
More about this property
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