205 Michigan Street
Hancock, MI, 49930 $ 448,000
Bedrooms-- Baths-- Sq 1,500 Monthly Estimate*
$ 2,758
for $448,000. This 1,500 square foot building was built in 1900 on a lot size of 0.7.
Excellent commercial opportunity for an investor or business owner seeking office space. This beautifully remodeled, well-maintained building offers a main level with a reception area and built-in cubicles, plus three private offices, including a spacious suite with its own restroom and a conference room with French doors. The wood conference room table and 8 chairs are included (must write into the purchase agreement). The unfinished lower level features a large open area, storage and mechanical rooms, and an easy-to-maintain epoxy floor. Located on the corner of Michigan and Water Streets, the property includes ample parking in both the front and rear. Since 2017, updates have included a 96% efficient furnace, a 5.12 kW solar electric system with inverter, LED lighting, a sump pump system, R21 wall insulation, R60 ceiling insulation, added basement heat, a dehumidifier, thermal-blinds, windows, and a fully remodeled main level. The building is highly energy efficient, offering long-term savings and a true move-in-ready space for your business. The site provides potential to expand the building, if you don't need as much parking space. The area is also seeing exciting growth, including Skyline Commons with its mix of residential and commercial development. Air compressor in basement is NOT included but may be available separately. ------ NOTICE: Information is believed accurate but not guaranteed. Buyers must inspect & verify all property details. Buyers accept all risks of inaccuracies, including but not limited to, acreage, lot size/location, square footage, & utility availability/costs. Real estate taxes will be reassessed & may change significantly after sale; do not assume your tax bills will match the sellerâs. Taxes are not zero. GIS, apps and plat book pages/maps are not surveys. Audio/video recording may occur on the property; entry implies consent to recording. Buyer pre-approval or proof of funds documentation to be provided upon request. ---- OFFERS: Please allow 72 hours for a response. Seller may set or change offer deadlines at any time with or without notice.
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FeaturesGeneralHeating Forced Air
Cooling Dehumidifier
Roof Rubber
Zoning B-2 Community Mixed Use https://www.cityofhancock.com/docs/Zoning_Ordinace.pdf Other
Water Public Water
Status Active Active
Year Built 1900
Parking 21+ Spaces Parking Lot
Subdivision Quincy Lakeshore Addition to Village of Hancock MI
Water Heater Gas Tankless Hot Water
County Houghton
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Hancock
Sale/Rent For Sale
Status Detail 0
Commercial Features Reception Area Restroom(s)
Area Hancock (31013)
Primary City Hancock
Directions M26/Sharon follow M26 to Hancock L off Portage Lift Bridge on Front St R on Reservation L on Quincy follow Quincy across M203 L on Michigan on corner of Michigan and Water St
City Hancock
Financial Terms Cash Commercial Loan Conventional
Legal Description LOTS 10 11 12 & 13 BLK 2 QUINCY LAKESHORE ADD TO VILLAGE OF HANCOCK. AND A PAR OF LAND LOC IN PT OF GOV LOT ONE SEC 34 T 55 N R 34 W DESC AS FOLLOWS COM AT THE NE COR OF SD SEC 34 TH S 89 53 23 W
DOM 1
Postal Code 49930
Price Per Sq Ft Total AG 298.67
Public Remarks Excellent commercial opportunity for an investor or business owner seeking office space. This beautifully remodeled
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ExteriorExterior Brick Wood
Frontage 200
Lot Size Area 0.7
Lot Dimensions 200x100x100x110x100x214
Water Features None
Roads Paved Street
Waterfront Y/N No
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InteriorFuel Type Natural Gas Solar
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* Excluded FeaturesList ByKRISTINE WEIDNER (JUKURI)Listing Agent
Century 21 AffiliatedBroker
Kristine.Weidner@c21affiliated.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,758
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCommerical listings in Hancock, MI
Average List Price $349,500
Percent of Sale Price 22%
About Hancock, MI 4,784 Population
7% Since 2002
$ 39,308 Median Income
34.6 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/5/2026 | $448,000 | | Listed Price |