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Jenn Smart

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106 N106 Us 41 , Stephenson, MI 49887
$149,900
Est. Payment: $781.15/mo
0 Bed
0 Bath
650 Sqft
Status: active | Days on site: 76
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Opportunity awaits! Whether you're looking for a place to operate your own business, expand your investment portfolio, or create a unique residential space, this versatile property offers plenty of possibilities. Situated on approximately 0.87 acres with an impressive 194 feet of frontage on busy US-41, the property features a 625 sq. ft. building that has served as both a home and several businesses over the years. The main building offers an open-concept layout with city water and sewer already connected, making it an excellent candidate for office space, retail use, or even conversion into a studio apartment or Airbnb rental. A partial basement provides additional storage space. The building currently has no furnace, although the seller may consider installing one with an acceptable offer. Also included is a spacious 35' x 40' pole building with a 10-foot overhead door, ideal for storage, workshop space, inventory, hobbies, or business use. The concrete floor is less than two years old. While electricity is not currently connected to the pole building, the seller operates it using a generator, which has worked well for his resale business. A convenient circular driveway serves the main building, while a separate driveway provides easy access to the pole building. As an added bonus, all shelving and retail display furniture currently in the pole building are included in the sale. Vacant and easy to show. Bring your ideas and explore the many possibilities this highly visible US-41 property has to offer!

Highlights

Listed by MIKE HARRIS , 906-420-6333 and ANDREW HARRIS , 906-553-2183 STATE WIDE REAL ESTATE OF ESCANABA , 906-786-1308. MiRealSource, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
0.87

Year Built

1940

County

Menominee

Area

Stephenson (55025)

Listing ID

50211843

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:650
Water:Public Water

Exterior Features

Lot:Cleared
Lot Dimensions:194x216x160x207
Zoning:Commercial,Residential
Roof:Asphalt,Metal
Sewer:Public Sanitary
Parking Features:On Site
Principal Interest
$781
Taxes
$96

Home Price

$149,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$29,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$781.15

Principal

Taxes

Principal Taxes HOA Total
Monthly $781.15 $95.56 $0.00 $876.71
Yearly $9,373.80 $1,146.74 $0.00 $10,520.53
Total $281,213.91 $34,402.05 $0.00 $315,615.96
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Stephenson, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T04:57:55.100Z

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