205 Fifth
$499,900
205 Fifth, Calumet, MI 49913
0.07 acres
Lot Area
1890
Year Built
Details:
Highlights:
- Water: City Water
- Fireplace Description: Electric
- Heating Fuel Type: Gas
Description:
Calling all investors and business owners! This 1890 mixed-use building in historic downtown Calumet offers four units, including two commercial storefronts, a main-floor one-bedroom apartment, and an upper-level two-bedroom apartment. Located on Fifth Street, the building offers excellent Main Street visibility with sidewalk frontage and large display windows, plus off-street parking and alley access at the rear. The 207 Fifth Street commercial unit features hardwood floors in the front showroom, tin-style ceilings, large display windows, and a reception counter. Additional space down the hall includes private offices or rooms, a kitchenette, bathroom, and rear entrance. Both apartments have been completely updated! The upper-level two-bedroom apartment features an open-concept kitchen and living area with shaker-style cabinetry, stainless steel appliances, recessed lighting, and wood-look flooring. The main-floor one-bedroom apartment offers a spacious living area, updated kitchen with stainless steel appliances and plenty of counter space, and a generously sized bedroom. Both apartments also feature updated bathrooms. Major improvements to the building include new LP SmartSide siding, windows, exterior doors, rear stairs, sprinkler system, electrical service, two new furnaces, and new water and sewer lines from the alley. Separate utilities for all four units add to the investment appeal! Downtown Calumet is rich in Copper Country history, with shops, restaurants, and local attractions just steps away. Whether you're looking to operate your own business, live on-site, generate rental income, or expand your investment portfolio, this property offers plenty of possibilities! Seller financing of up to 20% of the purchase price may be available, subject to buyer qualification, lender approval, and mutually acceptable terms.
Listing ID: e83421f3-9131-48ba-af10-fe62feaf96f9
Location
Gallery
