Hancock, MI 49930,101 Navy Street
Hancock, MI 49930,101 Navy Street
Hancock, MI 49930,101 Navy Street
59
$1,000,000
$1,190,000
16.0%
Est.Price: ?

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4,893 SqFt

101 Navy Street Hancock, MI 49930

Est. payment /mo
SOLD DATE : 07/02/2024

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Key Details

Sold Price $1,000,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 4,893 sqft

Price per Sqft $204

Subdivision Mi

MLS Listing ID 50128712

Sold Date 07/02/24

Year Built 2008

Annual Tax Amount $21,371

Tax Year 2023

Lot Size 0.900 Acres

Acres 0.9

Lot Dimensions 219x79x65x44x337x94x125

Property Description

An incredible Hancock waterfront opportunity is waiting here. A rare find with expansive waterfront and bridge views. This commercial property was built in 2008 with an addition in 2021 and is in excellent condition. With close to 4,900 finished square feet this property can continue on the path to become a go-to local restaurant or possibly transition into condos. The interior plans are for 2 bars, one on each level, a large kitchen and plenty of storage. There are restrooms on both levels. Open the doors to 2 levels of outdoor seating and a 2,700 square foot covered pavilion with concrete floor. The pavilion would make a great outdoor entertaining place for weddings or parties. There is a garage storage building with over 1,500 feet of space. Trail 17 is located very close to this site and it's easy to jump off here. The buildings include 3 furnaces one of which is new, 2 new central air units, all new kitchen equipment along with a 15-foot exhaust hood and comes with 52 parking spaces for patrons. Class C and SDM liquor licenses are included. The building is still in a construction phase but so close to opening. All plans and construction are health department approved. The seller has owned and run restaurants for decades and is willing to consult if needed. The possibilities are endless with this location.

Location

State MI

County Houghton

Area Hancock (31013)

Zoning Commercial

Interior

Heating Forced Air

Cooling Central A/C, Exhaust Fan, HVAC

Exterior

Parking Features 21+ Spaces

Roof Type Shingles

Building

Lot Description Cleared

Foundation Slab

Water Public Water

Structure Type Vinyl Siding,Vinyl Trim

Others

Ownership Private

SqFt Source Public Records

Energy Description Natural Gas

Acceptable Financing Other

Listing Terms Other

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by RE/MAX DOUGLASS R.E.-H
Bought with CENTURY 21 AFFILIATED

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agent

David Wietecha

Agent | License ID: 6501453131

+1(586) 722-6737

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