517 SHELDEN Avenue Houghton, MI $ 250,000
517 SHELDEN Avenue
$ 250,000
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517 SHELDEN Avenue

Houghton, MI, 49931
$ 250,000
Baths0.0 Sq 5,000

Monthly Estimate*

$ 1,746

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Studio

Commercial Property for sale in Houghton, MI

for $250,000. This 5,000 square foot building was built in 1899.

"THE DOG HOUSE" listed on the National Register of Historic Places and in business since 1899, this is the oldest bar in Houghton and Hancock! The old world woodwork and quality materials in this business is beautiful. The Douglass House Saloon, a.k.a. "The Dog" has been a popular place for drinks and pickled eggs for generations. All inventory and equipment except a couple of leased pieces is included. Armando's the restaurant side is currently closed due to lack of cooks. This space could be easily repurposed into a game room or sports bar area with burgers and sandwiches. Otherwise, reopened as a hugely popular eating spot desperately needed for breakfast and lunches. This is a must stop for MTU students! $60 to 80k or ERC (federal) included in the sale--talk to your accountant! This is the sale of the business, inventory, licenses, and ERC credits, not the building. Rent 4/24 - 3/25 $2,205 per month, 4/25 - 3/26 $2,260 per month and 4/26 - 3/27 $2,316 per month.

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Commercial Active

Price

$ 250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Business

Year Built

1899

Town/City

Houghton

County/Region

Houghton

MLS | Web ID

50132018

Features
General
Heating Boiler Hot Water Zoned Heating
Cooling Central A/C
Roof Rubber
Water Public Water
Status Active Keep Showing-Contgcy Appl
Year Built 1899
Parking 100+ Spaces Municipal Off Street Parking Lot
Water Heater Gas
County Houghton
Class COM/IND/BUS OPP
Type Business
Percent Ownership Corporation
Municipality Houghton
Zoning Commercial
Subdivision MI
Commercial Features 220 Volt Power Bath Cable TV Available Cafe/Kitchen Ceramic Floor Concrete Floor Electric Available Fixtures Floor Reinforced Furniture Occupied Restroom(s) Sidewalks Telephone Trash Removal
Area Houghton (31014)
Primary City Houghton
Location Bus Service To Site Main Street Mall
Directions 1/2 block east of the State Wide Office on the south side of the street
City Houghton
Street Name SHELDEN
Financial Terms Cash
Legal Description TBD
DOM 90
Postal Code 49931
Price Per Sq Ft 50
Coming Soon THE DOG HOUSE listed on the National Register of Historic Places and in business since 1899
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Exterior
Exterior Brick Brick Front
Lot Size Area 0
Lot Dimensions N/A
Lot Description Utilities Underground
Water Features None
Roads City/County Class A Paved Street State U.S. Highway Year Round
Waterfront Y/N No
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Interior
Ceiling Height Less than 16 Ft.
Fuel Type Natural Gas
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* Excluded Features
List By
DICK WALRATH

Listing Agent

State Wide Of Houghton

Broker

dick@statewideofhoughton.com

Email

Affordability Calculator

$1,746
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,746
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/24/2024$250,000 Listed Price

Map


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517 SHELDEN Avenue, Houghton, MI, 49931 is a Commercial Property for sale at $250,000 with 5,000 sqft. 517 SHELDEN Avenue is a studio with 0.0 baths and was built in 1899. The property's zip code is 49931 which is in Houghton, MI