205 Fifth Street
Property Description
Calling all investors and business owners! This 1890 mixed use building in the heart of historic downtown Calumet offers four units, with two commercial storefronts and a one bedroom apartment on the main level and a two bedroom apartment on the upper level above one of the storefronts. With a prime location on Fifth Street, sidewalk frontage, and large display windows, the visibility is hard to beat! The rear of the building offers off street parking and alley access. The 207 Fifth Street Unit features hardwood floors in the front showroom, tin style ceilings, display windows, and a reception counter. Down the hall are private offices or rooms, a kitchenette, a bathroom, and rear access. Both apartments have been completely updated! The upstairs two bedroom unit offers an open concept kitchen and living area with an exposed timber post, shaker style cabinets, stainless steel appliances, recessed lighting, and wood look flooring. The main level one bedroom unit has a great kitchen with stainless steel appliances and plenty of counter space, a spacious living area, and a nice sized bedroom. Both units have updated bathrooms. The exterior has been updated with new siding / trim, and new rear stairs, and the building also has a new sprinkler system, new electrical, two new furnaces, a new water line from the alley, a new sewer drain line to the alley, and separate utilities for all four units, making this a truly turn key property! Downtown Calumet is the heart of the Keweenaw's Copper Country history, with shops, restaurants, and attractions just steps away. Whether you want to operate your own business, live on site, or add to your portfolio, this is an opportunity you do not want to miss! Seller financing of up to 20% of the purchase price may be available, subject to buyer qualification, lender approval and mutually acceptable terms.
Broker Details
COLDWELL BANKER SCHMIDT REALTORS 906 2255992
MLS ID: 698257 State License Number: 6501428222
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $499,900 |
| No. of Units: | 4 |
| Year Built: | 1890 |
| Lot Size: | 3,010.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $124,975 |
| Property Website | Click Here |
| Number of Bedrooms: | 3 |
| Number of Bathrooms: | 4 |
ID: 3yd-UPARMI-50225549
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