46479 Us Highway 41 Highway, Houghton MI 49931,Houghton,Houghton,Business Opportunity

Description

Great commercial building for sale. This is a FABULOUS business opportunity!! Do not delay. The condition, size, and location of the building are very impressive. Located near Houghton/Hancock and Michigan Tech University. BUILDING ONLY FOR SALE – Popular cannabis business dispensary. Single-story, recently renovated commercial building in Portage Township located on US41 with a tenant triple-net lease. Five years remaining on existing lease. The building is located 4 miles south of Houghton on US Highway 41 on the west side of the highway. BUILDING ONLY – FOR SALE SINGLE TENANT BUILDING 4,459+/-SQUARE FEET TOTAL RECENTLY REMODELED FOR TENANT LEASE TYPE – ABSOLUTE NET LEASE SUMMARY 5 YEARS REMAINING ON EXISTING LEASE ABSOLUTE NET LEASE $120,000 annual income TENANT PAYS REAL ESTATE TAXES TENANT PAYS INSURANCE TENANT PAYS COMMON AREA MAINTENANCE TENANT RESPONSIBLE FOR ROOF & STRUCTURE TENANT RESPONSIBLE FOR PARKING LOT TENANT RESPONSIBLE FOR HVAC NET ANNUAL LANDLORD INCOME – $120,000