Share this with your friends
(989) 283-4653
Gold Pine Real Estate
416 N Teal Lake Avenue, Negaunee, MI 49866
- $200,000
- 4,732
- SqFt
- List Price
- $200,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 50227574
- Subtype
- Business Opportunity
- Year Built
- 1900
- Living Area
- 4,732
- Lot Size
- 13,068
- Acres
- 0.30
- MLS Area Major
- Negaunee
Property Description
A 1900 Negaunee landmark ready for its next chapter, and the sellers are motivated. For more than a century, this building has been a place where the community came together. Built in 1900 and originally serving as a hospital, it spent the last 25 years as the local Masonic Lodge. Now 416 N Teal Lake Ave is ready for someone with vision to decide what comes next. Set right on Business M-28 (Teal Lake Ave), the main entry into Negaunee, and zoned B-1, the building offers 4,700 finished square feet with tall ceilings and generous, flexible space throughout. The main level includes a 2-bedroom apartment along with a large gathering room, and the second floor offers additional meeting space. It’s a natural fit for office suites, retail, studio or event space, or a conversion to more housing, and the apartment gives you a head start on rental income or an on-site residence while you plan the rest. Outside, the large lot includes parking along with a 42' x 20' four-car garage for storage, equipment, or vehicles. The building does need updates throughout, which is exactly where the opportunity lies. With great bones, frontage on Business M-28, and over 120 years of character, this is a rare chance to give a piece of Negaunee’s history a new purpose and make it your own. Bring your ideas and schedule a showing today.
Additional Information
- Zoning
- Commercial
- Appliances
- Gas Water Heater
- Heating
- Boiler
- Air Conditioning
- None
- Roof
- Shingle
- Foundation
- Basement
- Parking Features
- Off Street
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing Courtesy of NEXTHOME SUPERIOR LIVING, Office Phone: 906-214-4267
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.