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$ 229,900
Est. payment /mo
New
137 Lake Linden Avenue Laurium, MI 49913
3,772 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 3,772 sqft
Price per Sqft $60
Subdivision Mi
MLS Listing ID 50215788
Year Built 1900
Tax Year 2025
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 100x120
Property Sub-Type Commercial/Industrial
Property Description
Introducing a fantastic 6-unit multi-family/commercial property in the bustling heart of Laurium, presenting an incredible investment opportunity! This versatile property is perfectly situated on a busy street, offering outstanding visibility for potential businesses such as a storefront, laundromat, or countless other possibilities. The building features a harmonious blend of residential and commercial potential, ensuring a constant stream of income. The residential component of this property consists of five apartments, four of which boast one bedroom and one bathroom, while the fifth unit offers a more spacious two-bedroom layout. Each unit is designed for comfortable living with functional floor plans. Adding to the property's desirability is the convenient on-site laundry room, providing a valuable amenity to the tenants and contributing to a hassle-free living experience. Capitalizing on its prime location, this Laurium property presents a fantastic opportunity for a savvy investor looking to diversify their portfolio or an entrepreneur seeking a high-traffic location to establish a thriving business such as a laundromat. Don't miss out on the potential that this 6-unit multi-family/commercial property has to offer! Explore the possibilities and seize the opportunity to invest in this piece of Laurium today!
Location
State MI
County Houghton
Area Laurium (31019)
Zoning Commercial
Interior
Heating Hot Water
Cooling Wall/Window A/C
Exterior
Parking Features Off Street
Roof Type Shingles
Building
Foundation Basement
Water Public Water
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Commercial Loan,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by COLDWELL BANKER SCHMIDT REALTORS