815 Shelden Avenue $475,000

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    815 Shelden Avenue Houghton, MI 49931

    • 4,470 sq. ft.
    • 0.09 Acres
    • Commercial
    • MLS# 50152676
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    Views: 38 Days On Site: 96

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    Property Details

    Here it is, the most PRIME location in the City of Houghton! Located next to the Hampton Inn, Krist, Bigby and Jimmy Johns, this attractive commercial building offers the opportunity of a lifetime! The layout consists of an unfinished basement, main floor business space and the second floor has 2 spacious apartments (2 BR and 1 BR), with each level of the building being approximately 2,235 square feet (over 6,700 total). The location of this property is truly special and unique, as it is this first business you see as you enter downtown Houghton. This proximity gives you the downtown business benefit as well as direct adjacent to College Ave where you are accessible to the students of Michigan Technological University. Easy access from two sides of US-41. Other benefits are on-site parking and wonderful views of Mt. Ripley and more! The possibilities are endless with what is possible here. In real estate, location is everything, and this property has that and more!

    • General Features
      • Acreage 0.09
      • Area Municipality Houghton (31014)
      • County Houghton
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership LLC
      • Total SqFt Finished 4470
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Commercial
    • Property Features
      • Water Public Water
      • Water Features None
      • PARKING On Site
      • Lot Size TBD
      • Roads City/County
      • Sewer Septic Public Sanitary

    Neighborhood

    49931 (Houghton) Demographics

    23 Median Age
    306 Population Density (per sq. mile)
    55% College Educated
    $28,647 Estimated Median Income
    1,354 Estimated Total Home Owners
    2,005 Estimated Total Renters
    40% / 60% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    9,497 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $237,000 Median Sales Price
    4 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: $475,000
        9/20/2024 8:22:31 PM Price Reduced Source: Multiple Listing Service New Value: $475,000 -4.98%
        8/26/2024 12:53:49 PM Price Reduced Source: Multiple Listing Service New Value: $499,900 -6.56%
        8/20/2024 10:07:00 AM New in Database Source: Multiple Listing Service New Value: $535,000

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        * This payment calculator is intended for educational and planning purposes only.
        ** 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.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        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.