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Commercial Land with Existing Improvements
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50124 Us41, Hancock, MI 49930

Commercial land with an existing garage, storage building, and office, plus power and water available at the site.

Property SizeContact for details
Days on Market142

Property Features for 50124 Us41

General Information

Standard status Active
Property subtype Special Purpose
Listing Agency: CENTURY 21 North Country Agency
Listed By: David Jukuri · License #MI
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 29 at 10:15PM

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 commercial land offering includes an existing garage, a storage building, and a small office that can support interim operations or future site planning. Power and water are at the property, while natural gas is located near the site and township sewer is on Sunshine Rd.; utility locations and connection capabilities require buyer verification.

The property fronts US41 and records over 8400 vehicles per day in MDOT traffic studies. Site conditions include 2 capped mine shafts, and the property lies within an area associated with historical mining activity. Buyers should complete appropriate due diligence regarding utilities, site conditions, and potential future use.

Key Highlights

  • Commercial land on US41 with over 8400 vehicles per day reported in MDOT traffic studies
  • Existing garage, storage building, and small office on the property
  • Power and water are at the site

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Building Supply Plumbing Service Garden Center Big Box & Wholesale Store Kitchen & Bath Showroom

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

18
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 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?
Commercial land - Commercial land with an existing garage, storage building, and office, plus power and water available at the site.
Where is this commercial land located?
The property is located at 50124 Us41 Hancock, MI.
What are key features of this property?
This property features: Commercial land on US41 with over 8400 vehicles per day reported in MDOT traffic studies; Existing garage, storage building, and small office on the property; Power and water are at the site
More about this property
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