101 Hecla St Laurium, MI 49913
- Industrial properties
- 5,710 SF
- 0.12 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 101 Hecla St
- Lot size
- 0.12 lot acres
- Property size
- 5,710 SF
- Property type
- Industrial properties
Description
This 5,710 square foot industrial building sits on a 0.12-acre lot in the bustling village of Laurium, Michigan. Its prime location ensures high visibility and accessibility for any business. The main commercial area measures 41' x 40', featuring a 3вЃ„4" OSB subfloor and a recently installed drop ceiling. The roof, replaced 12 years ago with a durable rubber membrane, effectively channels runoff via two drain pipes at the rear. The building boasts a substantial 200-amp electrical service, ensuring ample power for various operations. Excellent insulation contributes to reduced utility costs. Significant storage space is available on both the main floor and in a 63-foot-long basement. Previously utilized as a grocery store and more recently as storage and a shop, this versatile space offers numerous possibilities. While the building is well-maintained in many aspects, potential buyers should note that it requires a new furnace and water heater. The water has been turned off for approximately 10 years. Property taxes are applicable and subject to change following the sale. This presents a unique opportunity to acquire a reasonably priced commercial property with substantial potential in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Laurium
- County
- Houghton
- State
- Michigan
- Longitude
- -88.4409
- Latitude
- 47.2403
