815 Shelden Ave Houghton, MI 49931
- Commercial real estate
- 0.09 lot acres
Current Use by Public Records
- Nitro Consulting Inc. / Computer Support And Services / Business Networking Company
- cork & beans wine lounge / Wine Bar
Property Details for 815 Shelden Ave
- Lot size
- 0.09 lot acres
- Property type
- Commercial real estate
- APN
- 052-226-001-50
- APU
- 5222600150
Description
This exceptional 4,470 square foot industrial property at 815 Shelden in Houghton, MI, presents a unique investment opportunity. Situated on a 0.09-acre lot, this prime location boasts unparalleled visibility, being the first business encountered upon entering downtown Houghton. Its strategic placement next to the Hampton Inn, Krist, Bigby's, and Jimmy John's ensures high foot traffic and exposure. The building itself offers a versatile layout, including an unfinished basement, a main floor commercial space ideal for a variety of businesses, and two spacious apartments on the second floor – one with two bedrooms and the other with one. Each floor encompasses approximately 2,235 square feet, totaling over 6,700 square feet of usable space. The property benefits from convenient access from both sides of US-41, providing easy ingress and egress. On-site parking is available, and stunning views of Mt. Ripley add to the property's appeal. Its proximity to College Avenue ensures accessibility to Michigan Technological University students, offering a significant potential customer base. This property's combination of prime location, versatile space, and attractive features makes it an exceptional investment opportunity with endless possibilities. Priced at $475,000.
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
- Houghton
- County
- Houghton
- State
- Michigan
- Longitude
- -88.5631
- Latitude
- 47.1216
- CBSA code
- 26340
- CBSA name
- HOUGHTON, MI MICROPOLITAN STATISTICAL AREA
