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Office Building with Updated Interior

47480 Paradise, Houghton, MI 49931

For Sale
$475,000

Reception, private offices, a large meeting area, and a full kitchen provide a range of workplace settings.

Property SizeContact for details
Days on Market70

Property Features for 47480 Paradise

General Information

Standard status Active
Total Parking Spaces 20
Property subtype Commercial/Industrial

Additional Details

Condition Newly Renovated
Road Access Yes
Property Use Office

Building Details

Year Built 1992
Year Renovated 2021
Buildings 1
Listing Agency: Century 21 Affiliated
Listed By: David Jukuri
Source: Jabachler
Added: Sep 4 Changed: Nov 11 Last Checked: Nov 11 at 11:02PM

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 Affiliated

Rey
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Investment Insights

Based on property information with market context.

Built in 1992, this office property has undergone extensive updates since 2021, including new flooring, windows, and doors. The interior includes a reception area, private offices, a large open room suitable for meetings or cubicles, and a full kitchen and breakroom. A natural gas furnace and central air conditioning serve the building, and paved parking accommodates 20 vehicles.

The property sits at the meeting point of Paradise Road, Main Street, and Gundlach Road, all maintained year-round. It is near Houghton Middle/High School, Michigan Tech, downtown Houghton, and the M-26 commercial corridor.

Key Highlights

  • Extensive interior improvements completed since 2021, including flooring, windows, and doors
  • Reception area, private offices, and a large open room for meetings or cubicles
  • Full kitchen and breakroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Superior Tax & Accounting ... Accounting Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Garden Center HVAC Service Building Supply

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
Paved road access

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Reception, private offices, a large meeting area, and a full kitchen provide a range of workplace settings.
Where is this office building located?
The property is located at 47480 Paradise Houghton, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Extensive interior improvements completed since 2021, including flooring, windows, and doors; Reception area, private offices, and a large open room for meetings or cubicles; Full kitchen and breakroom
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