102 N Main Street $359,000

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    102 N Main Street Lanse, MI 49946

    • 0.10 Acres
    • Commercial
    • MLS# 1923560
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    Views: 20 Days On Site: 162

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    Property Details

    The Village Gift Store is a charming and profitable gift shop with a coffee/smoothie bar and community lending library, nestled in the heart of downtown L'Anse. The property includes 2,576 sq ft on the main floor, dedicated to retail space, a spacious basement with egress windows for potential future living space, and a second floor with three 2-bedroom apartments with lake views. The building has been significantly renovated, including original hardwood floors, a new roof membrane (installed eight years ago), new cabinets and countertops, and new windows on the second story. There are currently 38 independent artists who share the space through a unique business model that runs itself by using the artists to run the register. **SEE ASSOCIATED DOCUMENTS FOR ADDITIONAL DESCRIPTIONS.

    • General Features
      • Licenses Food
      • Included In Lease None
      • Business Incl Yes
      • Business Name Village Gift Shop
      • Type of Ownership Private Owner
      • Approx Year Built 1853
      • Type Mixed Use
      • Town T 50N
      • Township Lanse
      • Present Use Retail Store
    • Building Features
      • Extras Security System, Furniture/Fixtures
      • Foundation Full, Block
      • Heating Cooling Source Natural Gas
      • Roof Membrane
      • Heating Cooling Type Forced Air
      • # Restrooms 2
      • Apx Total Fin SQFT 7,828
    • Property Features
      • Water Municipal Water
      • Vacant Land No
      • Univs Design/Barrier Free No Steps Entry
      • Road Public Maintained, Blacktop
      • Sewer Municipal
      • Parking Street Parking, Other
      • Exterior Features Vinyl, Wood, Block
      • Construction Brick, Block, Frame
      • Lot Dimensions 33x125
      • Location Corner Lot

    Neighborhood

    49946 (Lanse) Demographics

    48 Median Age
    13 Population Density (per sq. mile)
    30% College Educated
    $45,052 Estimated Median Income
    1,264 Estimated Total Home Owners
    381 Estimated Total Renters
    77% / 23% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    3,870 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $262,500 Median Sales Price
    2 Homes Sold
    2 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $359,000
        10/11/2024 4:06:13 AM Status Changed Source: Multiple Listing Service New Value: Active
        10/8/2024 10:21:24 PM Status Changed Source: Multiple Listing Service New Value: Price Change
        10/8/2024 10:21:24 PM Price Reduced Source: Multiple Listing Service New Value: $359,000 -5.28%
        8/12/2024 4:06:07 AM Status Changed Source: Multiple Listing Service New Value: Active
        8/9/2024 7:36:51 PM Status Changed Source: Multiple Listing Service New Value: Extend
        7/27/2024 4:06:02 AM Status Changed Source: Multiple Listing Service New Value: Active
        7/24/2024 9:21:04 AM Status Changed Source: Multiple Listing Service New Value: Price Change
        7/24/2024 9:21:04 AM Price Reduced Source: Multiple Listing Service New Value: $379,000 -5.01%
        6/17/2024 4:05:57 AM Status Changed Source: Multiple Listing Service New Value: Active
        6/14/2024 5:36:00 PM New in Database Source: Multiple Listing Service New Value: $399,000

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.