Downtown Houghton – Mixed use building in the heart of the City of Houghton! Building is currently set up as 2 commercial units and 2 residential units with 6 parking spaces in garage beneath the units. The location is fantastic located one block above the main Street of Houghton with restaurants, shopping, waterfront parks, trail along the lake, close to Michigan Tech and more! Unit 1 has 2 private offices, reception/waiting area, supply room and half bathroom. Unit two includes 3 offices, reception area and half bathroom. The third office has access options from either Unit 1 or 2, depending on the lease terms and currently included in Unit 2’s lease. Unit 3 is a 3 bedroom, 1 bathroom apartment with eat-in kitchen, living room. Unit 4 is a 2 bedroom, 1 bathroom apartment with eat-in kitchen and living room. Both residential units have granite counters, beautiful cabinetry and access to their own half of the deck overlooking the downtown building-scape, glimpses of the Portage Lake Lift Bridge, the hillside across the Portage and maybe even a glimpse of the water from some angles. Units 1, 3 and 4 have access through the drive under garage. Currently the 6 parking spaces are allocated: Unit 2 has 1, Unit 3 has 3 and Unit 4 has 2. Each unit has separate utilities that tenants pay. Building has fire suppression system. Residential leases are through June 2025. Commercial leases are through November 2025. Each unit has own heating system and water heater. Staircase inside building to access roof. Property zoning is B-3 (General Business). Some photos are from previous years between tenant occupancies. Prequalification letter is required for showings. Prequalification letter and non-disclosure agreement is required to review lease information. Year Built: Foundation is original from 1900. Main level was constructed in 2010. NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect all aspects of the property & bears all risks for any inaccuracies. Buyer to verify all information including but not limited to the estimated acreage, lot size, square footage, utilities (availability & costs associated). Buyer should not assume the buyer’s taxes will be the same as seller’s present tax bills. Taxes are subject to change (possibly significant) & property will be reassessed by the municipality after sale is completed. Sellers/Tenants may have audio/video recording devices present on property and buyers and agents consent to being recorded by entering property. 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.
Active
Price cut: $10K (4/3)
$940,000
208 E Montezuma Ave, Houghton, MI 49931
5beds
3,500sqft
Est.:
Multi Family
Built in 2010
-- sqft lot
$-- Zestimate®
$269/sqft
$-- HOA
What's special
Granite countersBeautiful cabinetry
- 398 days
- on Zillow |
- 584 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: April 03, 2025 at 12:21pm
Listed by:
KRISTINE WEIDNER (JUKURI),
CENTURY 21 AFFILIATED 906-482-0001
Source: Upper Peninsula AOR,MLS#: 50136735
Originating MLS: Upper Peninsula Assoc of Realtors

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Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 2
Kitchen
- Features: Eat-in Kitchen
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Electric Water Heater
Features
- Basement: Block,Partial,Stone
- Has fireplace: No
Interior area
- Total structure area: 3,500
- Total interior livable area: 3,500 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage, Basement, Electric in Garage
- Attached garage spaces: 6
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Waterfront features: None
- Frontage length: 50
Lot
- Size: 4,791.6 Square Feet
- Dimensions: 50 x 100
- Features: Platted, Corner Lot, Main Street
Details
- Zoning: Zoning Code: B-3 https://www.cityofhoughton.com/building-planning-zoning/
- Zoning description: Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Other
- Foundation: Basement
Condition
- Year built: 2010
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Internet Spectrum
Community & HOA
Community
- Security: Fire Sprinkler System
- Subdivision: City of Houghton
Location
- Region: Houghton
Financial & listing details
- Price per square foot: $269/sqft
- Annual tax amount: $5,366
- Date on market: 3/24/2024
- Listing terms: Cash,Conventional
- Ownership: LLC
- Lease term: Lease Term 1-2 Years
- Electric utility on property: Yes
- Road surface type: Paved
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