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242 1st Street, Copper Harbor MI 49918,Copper Harbor,Keweenaw,Business Opportunity

$ 849K
242 1st Street, Copper Harbor MI 49918,

Overview

  • Updated On:
  • March 26, 2026
  • 3,411 ft2

Description

BUSINESS OPPORTUNITY IN COPPER HARBOR! A town favorite gift and memorabilia shop that has a great history in the Harbor among locals and visitors! The retail store has a nice atmosphere with tongue and groove walls and hardwood floors. There is a bathroom for the retail area. The living quarters is attached to the retail area with direct access but still has the feel of being separate with its private fenced in porch/deck and yard area. The main floor of the living quarters has open living, kitchen, dining area and also a den/living area that could be a 4th bedroom. Upstairs there are 3 bedrooms and a full bathroom. The workshop/storage building (792+/- square feet) is located in the side yard. There is some off-street parking for customers and residents. If the living quarters isn’t needed for you to run the business, maybe it could be a rental (subject to buyer verification with township/county ordinances), an adiditional complimentary business, or additional retail space. Property includes a Generac generator (2021). The town of Copper Harbor attracts many visitors with the bike and recreational trails, point of access to go to Isle Royale and more! Lots of nature to enjoy and a quaint town at the start of Highway US41! NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect & verify all aspects of the property & bears 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. Heat/Cooling: Propane forced air is for the retail and main floor of living quarters. Electric Heat: 2nd story of living quarters. SHOWINGS BY APPOINTMENT ONLY: Please schedule showings to avoid distruption of business operations. Prequalified buyers only and non-disclosure agreement is required. Thank you! Also listed as MLS 50188822

Address: 242 1st Street, Copper Harbor MI 49918
State/County:
Zip: 49918
Country: United States
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Property Id : 258761
Price: $ 849K
Property Size: 3,411 ft2
Property Lot Size: 0 ft2
Town: Grant Twp
Construction Materials: Wood Siding
Days On Market: 35
Year Built: 1970
Zoning: RS-1 Resort Service District https://www.keweenawcountyonline.org/docs/ZoningMap.pdf
Last Updated: 2025-10-07T18:39:12.996Z
Fencing: Fenced Yard
Inclusions: Living Quarters
Mls Status: Active
Other Structures: Outbuilding
Patio And Porch Features: Deck/Patio
Photos Count: 37
Sewer: Public Sanitary
Water Source: Public
Waterfront Features: None
Other Features
Electric Water Heater
Has Cooling System
Has Heating System
$ 4,352.99
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,291.74
Statewide of Houghton

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Statewide of Houghton