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1035 Ethel, Hancock, MI 49930

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For Sale

$349,999

6 beds • 4 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • Electric
    Fireplace Description

Explore this Property

Redevelopment opportunity in West Hancock! This building has over 9,000+/- square feet of potential! Previous uses have been mixed with commercial and multi-family. Building is situated on a corner lot and has paved parking. Roof age is estimated as follows: flat membrane roof 19+/- years; South 1/2 of shingled roof 11 years; North 1/2 of shingled roof 20+. Heating system: New furnace installed August 2020 for the main level store. Store water heater installed around 2020+/-. Convenient location to the Hancock Schools, U.P.Health System " Portage, Laurn Grove Park, recreational trails and the Houghton County Arena and Fairgrounds. The upper level has potential for 3-4 apartments. Heat: Main store area is forced air. Upper level is electric baseboard. Seller would entertain an offer including any personal property or other items remaining at the time of closing. Seller reserves the right to sell or remove any personal property, shelving, equipment etc. prior to closing, unless otherwise agreed upon in a written offer. Seller will be removing the murals from the exterior of the building. Seller is selling AS-IS. Restriction on use for future owners that will run with the land: No future use shall be for grocery, deli, natural foods, vitamins or supplements or other related goods that would be deemed competition to the services of The Keweenaw Cooperative, Inc. as operating in the new location at 610 Quincy St, Hancock, MI. This wording is subject to updating by Seller's attorney prior to closing and with prior notice to the Buyer. NOTICE: All information believed accurate but no twarranted. Buyer recommended to inspect & verify all aspects of the property & bares all risks for any inaccuracies including but not limited to estimated acreage, lot location/size, square footage, utilities (availability & costs associated). Real estate taxes are subject to change (possibly significant) & municipality reassessment after sale. Buyer should NOT assume that buyer's tax bills will be similar to the seller's current tax bills. Taxes are not zero. Audio/video recording devices may be present on property and entering the property shall be considered consent to be recorded. OFFERS: 72 hours response time requested on offers. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer submission & response deadlines. Also listed under MLS: 50174608 (commercial)
MLS# 50174952

Listed By CENTURY 21 Affiliated
1100 Century Way, Suite C, Houghton, MI 49931

Property Features

  • Cooling
    Other A/C
  • Fireplace Description
    Electric
  • Heating - Fuel Type
    Gas
  • Heating Type
    Forced Air
  • Lot Size
    0.27 Acres
  • Sewer
    Public
  • Style
    Multi Family - 2-4 Units
  • Water
    City Water, Municipal Water

Map and Directions

Directions to 1035 Ethel, Hancock, MI 49930

Home seller Meet the Agent,
Kristine Jukuri Weidner

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Kristine Jukuri Weidner

of CENTURY 21 Affiliated

(906) 281-1848
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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