613 Oak Street $237,000

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    613 Oak Street Calumet, MI 49913

    • 11,790 sq. ft.
    • 0.24 Acres
    • Commercial
    • MLS# 50121684
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    Views: 130 Days On Site: 437

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    Property Details

    Searching for the next investor developer to carry on what the seller has started in restoring this historic, Nelson-Schroeder Block building! Intriguing 3 story mixed used, commercial & residential, building located in downtown Calumet, Michigan - within the boundaries of the Keweenaw National Historical Park, and the near the center of the Calumet Village downtown Historic District. Classical revival features include prismatic glass storefront transom windows, a large cornice, bulls-eye windows at the attic level, round arched sandstone and recessed entries. On the interior there are some original Italian tile fireplaces, original woodwork, large windows for beautiful natural light. An accessible & attractive 2 story skylight sheds light into the core of the two upper floors. The structure is 11,790+/- sf, not including basement. The current configuration of the building is consistent with its past, 2 commercial storefronts & potential for 4+ apartments (Estimate of approx 12 BRs depending on how building is remodeled) on the upper floors. The current owner has cleaned out & taken steps to preserve the building for you to continue this historic restoration! The basement is large at 3900+/- ft. sq. with high ceilings, concrete floor & exterior entrance. Your opportunity to add to the revitalization of the Village of Calumet. Parking for occupants is located on 58x118 lot across the road on 7th Street. A great community with a farmers market, home of Pasty Fest, close to recreational trails and more! Ceiling tiles not currently installed are negotiable. Since originally listed, seller has done further improvements including some floor leveling, drywall, priming, roof drain repair & purchased half of a lot to make the parking lot 58x118 total. Both commercial units are ready for your business specific build-out to start your business or rental income. Approx floor plan available. Last occupancy 2005+/-. Rubber roof apprx 10+/- yrs old.Building lot: Aprx 0.09 acre & vacant/parking lot Aprx 0.15 acre. All info believed accurate but not warranted. Buyer recommended to inspect property, verify all information & bears all risks for any inaccuracies. Tax information is subject to change. All measurements (acres, lot size, square footage etc) are estimated. Sellers may have audio/video recording devices present on property. By entering or being on property, Buyer & Buyer's agent consent to being recorded. Also listed MLS 50121684 Commercial Calumet Historic District (HDC) affects property. Seller may be removing some of the tin from an area in the building where not exposed prior to closing.

    • General Features
      • Acreage 0.24
      • Area Municipality Calumet (31004)
      • County Houghton
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership Private
      • Subdivision Village of Calumet
      • Total SqFt Finished 11790
      • Waterfront Y/N No
      • Year Built 1900
      • ZONING Commercial
    • Building Features
      • Cooling System None
      • Exterior Construction Masonry, Wood
      • Foundation Type Basement
      • Heating System None
      • Roofing Rubber
    • Property Features
      • Water Public Water
      • Water Features None
      • PARKING 3-5 Spaces
      • Lot Size 68x58+/- & 58x118+/-
      • Roads City/County, Paved Street
      • Sewer Septic Public Sanitary

    Neighborhood

    49913 (Calumet) Demographics

    45 Median Age
    90 Population Density (per sq. mile)
    33% College Educated
    $40,350 Estimated Median Income
    2,065 Estimated Total Home Owners
    711 Estimated Total Renters
    74% / 26% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    6,423 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $111,500 Median Sales Price
    10 Homes Sold
    6 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: $237,000
        8/5/2024 6:29:07 PM Price Reduced Source: Multiple Listing Service New Value: $237,000 -13.82%
        6/3/2024 9:06:04 PM Price Increased Source: Multiple Listing Service New Value: $275,000 12.24%
        9/11/2023 9:37:00 PM New in Database Source: Multiple Listing Service New Value: $245,000

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        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.