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    Portage, MI Hancock, MI South Range, MI Chassell, MI Dollar Bay, MI Atlantic Mine, MI Lake Linden, MI Hubbell, MI
    Downtown Office Building with Two Levels
    Updated: Mar 5, 2025
    Downtown Office Building with Two Levels

    608 Shelden Avenue, Houghton, MI 49931

    $945,000
    5,000 sqft
    Office building with main‑street (Shelden Ave) access on the main level and direct Lakeshore Drive access on the lower level
    Flexible layout: use as one unit or split into two units (upper and lower levels)
    Main level includes a large open area, 2 private offices, restroom, and kitchenette area
    Lower level includes a large conference room, 1 private office, office/reception area, 2 restrooms, and 2 storage rooms
    Renovations since 2019 include new roof (6+/- years), flooring, bathrooms, some windows, insulation on interior ceiling, and interior/exterior painting with floorplan redesign
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    This listing looks promising.

    Here's a quick look at some key insights for

    608 Shelden Avenue, Houghton, MI 49931

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    • Est. Cap Rate

      5.3%
      NOI ÷ price

    • Est. NOI

      $50K
      Annual

    • Price @ 7% Cap

      $708K
      Suggested
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Houghton, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Office Building with Banquet Room
    Downtown Office Building with Banquet Room

    429 River Street, Ontonagon, MI 49953

    $469,000
    5,000 sqft 0.12 AC lot

    Newer downtown office building with two separated office suites, natural gas heat, and central air.

    View details
    Versatile Commercial Building in Business District
    Versatile Commercial Building in Business District

    1120 Country Lane, Ishpeming, MI 49849

    $379,900
    11,170 sqft

    Large building suitable for retail or office in busy district.

    View details
    Downtown Office Building with Banquet Room
    Downtown Office Building with Banquet Room

    429 River Street, Ontonagon, MI 49953

    $499,000
    5,000 sqft

    Modern office building with central air, natural gas heat, and a large banquet room suited for meetings or events.

    View details
    Country Village Office/Studio Investment
    Country Village Office/Studio Investment

    1000 Country Ln, Ishpeming, MI 49849

    Contact for pricing
    6,336 sqft

    Well-maintained, fully rented office/studio space in Ishpeming.

    View details

    Houghton, MI Office Spaces Market Trends and Statistics

    Explore 1 office spaces for sale in Houghton, MI on our real estate platform. These investment opportunities span a total of 5,000 square feet of properties for sale, with an estimated market value of $945,000.

    Sale prices for office spaces in Houghton, MI average $945,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office buildings 1
    Office Units 1

    Demographics Overview

    Population 10K
    Population Growth (5Y) -19.5%
    Median Household Income $47,279
    College Educated 61.2%

    High-Yield Neighborhoods for Investment

    Identify Houghton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49931 $945K

    Total CRE Inventory on Market (SF)

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