$200,000
$99K PRICE DROP

12 W Broad St Lanse, MI 49946

Estimated payment $1,446/month

Total Views 3,650
4 Beds
5 Baths
4,374 Sq Ft
$46 Price per Sq Ft

Highlights

  • Furnished
  • Ceiling height of 9 feet or more
  • Private Entrance
  • Property is near schools
  • Hot Water Heating System
  • Laundry Facilities

About This Home

Awesome investment opportunity in downtown L'Anse! This prime property offers nearly 2,000 square feet of furnished office space on the main level, perfect for one or two businesses! It features one finished bathroom and an opportunity for another bathroom. The second floor boasts three fully furnished, move-in-ready apartments, each offering stunning waterfront views. A shared laundry area is conveniently located at the top of the stairs for tenants' use. Additional benefits include off-street parking, making this a convenient and attractive option. Close to the marina, waterfront park, restaurants and shopping! Don’t miss out on this excellent investment opportunity!

Listing Agent

Marisa Kahkonen

UP NORTH REALTY License #UPAR-6501433561 Listed on: 07/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1862

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 75x75
  • Private Entrance
  • Historic Home

Parking

  • 3 Car Parking Spaces

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Location

  • Property is near schools

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 07-044-502-001-00

Community Details

Overview

  • 5 Units
  • Village Of L'anse Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,271

Year Built

Built in 1862

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type: 1 To 4 Units, Historic, Investment
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Other
  • Total Tax Amount: 3529.14
  • Total Tax Year: 2024
  • Year Built: 1862
  • Mail City: L'Anse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: 9 Ft + Ceilings, Furnished
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Stone
  • Bedrooms: 4
  • Bathroom Description: First Flr Bath Lav/Half
  • Full Bathrooms: 3
  • Total Bathrooms: 5
  • Dining Kitchen: Eat-In Kitchen
  • Source of Sq Ft: Public Records
  • Estimated Sq Ft: 4374
  • Half Bathrooms: 2

Exterior Features

  • Construction: Brick, Wood
  • Frontage: 75
  • Foundation Type: Basement
  • Roads: Access, Paved Street, Year Round

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Wall/Window A/C
  • Fuel Type: Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility, Private Entry

Lot Info

  • Assessor Parcel Number: 07-044-502-001-00
  • Location: Main Street, Walk To School
  • Lot Dimensions: 75x75
  • Acreage: 0.13
  • Lot Description: Large Lot - 65+ Ft.
  • Zoning: Commercial
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2024, Amount: $2,274.31
  • Winter Tax: Year: 2024, Amount: $338.27
  • Total Tax: Year: 2024, Amount: $3,529.14
  • SEV Year: 2024

Multi Family

  • Total Units: 5

MLS Schools

  • School District: L'anse Area Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,271 $349,674 $0 $0
2024 $2,028 $314,101 $0 $0
2023 $1,932 $261,433 $0 $0
2022 $301 $222,554 $0 $0
2021 $3,624 $192,757 $0 $0
2020 $3,579 $195,306 $0 $0
2019 $2,990 $184,072 $0 $0
2018 -- $114,674 $0 $114,674
2017 -- $112,316 $0 $0
2016 -- $106,499 $0 $0
2015 -- $106,181 $0 $0
2014 -- $104,509 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Price Changed $200,000 -11.1% $46 / Sq Ft
07/26/2025 07/26/25 Price Changed $225,000 -10.0% $51 / Sq Ft
07/20/2025 07/20/25 Price Changed $250,000 -16.4% $57 / Sq Ft
07/09/2025 07/09/25 For Sale $299,000 -- $68 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $150,000 Copper Range Abstract & Titl
Quit Claim Deed -- --
Warranty Deed $7,815 --
Warranty Deed $120,000 --
Warranty Deed $8,500 --
Source: Public Records

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50181143

Upper Peninsula Association of REALTORS®

APN: 005-009-011-00