For Sale
For Sale
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Overview
Great traffic exposure on Hancock Street with off street parking! Looking for a space to locate your business which also produces rental income? It is a great investment opportunity, this house is a cash cow! A good history of income and tenants which have been students at Finlandia University and/or Michigan Technological University. The house has 10 bedrooms (easily converted to 12) and 4 bathrooms with 3 laundries and 4,800 sf. Formal dining room, updated kitchen, significant remodeling of lower level. Plenty of parking. Zoned B-2 Community Business District. Across from Montezuma Park in downtown Hancock, near hiking and biking trail. View of Portage Lake. Turnkey purchase, buy it and you will begin generating instant income. Some original features including woodwork, beamed ceiling, hardwood floors and built-in features still remain and add to the charm! Note: Square footage includes all 4 levels. Parking space total is an estimate and varies depending on size of cars and is based on cars parking in tandem in some areas. Also listed under MLS 1105919 and MLS 1105921. This property is a rental property. Please inquire for lease terms.
Property Details
Great traffic exposure on Hancock Street with off street parking! Looking for a space to locate your business which also produces rental income? It is a great investment opportunity, this house is a cash cow! A good history of income and tenants which have been students at Finlandia University and/or Michigan Technological University. The house has 10 bedrooms (easily converted to 12) and 4 bathrooms with 3 laundries and 4,800 sf. Formal dining room, updated kitchen, significant remodeling of lower level. Plenty of parking. Zoned B-2 Community Business District. Across from Montezuma Park in downtown Hancock, near hiking and biking trail. View of Portage Lake. Turnkey purchase, buy it and you will begin generating instant income. Some original features including woodwork, beamed ceiling, hardwood floors and built-in features still remain and add to the charm! Note: Square footage includes all 4 levels. Parking space total is an estimate and varies depending on size of cars and is based on cars parking in tandem in some areas. Also listed under MLS 1105919 and MLS 1105921. This property is a rental property. Please inquire for lease terms.
- Property TypeOffice
- Sale Price$249,000
- Total Acres0.18
- Property ID2034242