Commercial For Sale

This unique mixed-use commercial building offers a rare opportunity to own a proven income-producing property with exceptional potential. The first floor features a fully equipped bar that previously operated as a highly successful establishment with a loyal base of regular customers. The bar includes all equipment needed to operate immediately, a functional kitchen designed for pub-style fare, and a valuable liquor license that is included in the sale. The basement provides ample storage space to support bar operations. The second floor offers a well-appointed residential apartment, ideal for an owner-occupant or as an additional income stream. The unit includes three bedrooms, a full bathroom, an updated kitchen, and hardwood floors throughout, providing comfortable and attractive living space. The third floor was once an elegant ballroom and, while currently in need of some TLC, presents an exciting opportunity to restore it to its former grandeur. This expansive space boasts outstanding views of the Portage Canal, making it well-suited for future event space, studio use, or creative redevelopment. With its combination of commercial and residential space, included liquor license, and waterfront views, this property offers versatility, character, and strong potential for both immediate use and long-term value.

Property Details

  • Beds: 0
  • Baths: 0.0
  • Sq Feet: 4950
  • Year Built: 1903
  • Location: (private lake, pond, creek)
  • Acres: 0.040
  • County: Houghton County
  • Community: Village Of Hancock
  • Roof:
  • MLS #: 50197820

Location

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Contact Information:

Contact Agent
Listing Agent: MELISSA MAKI, COLDWELL BANKER SCHMIDT REALTORS, 906-231-0694, 906-225-5992 Listing Site, Listing Status: Active
Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Commercial For Sale in Hancock, Michigan
Ad Number : 7245882
Viewed: 7 times
Added: Feb 01, 2026
Updated on: Feb 01, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.