242 1st St Copper Harbor, MI 49918
Estimated payment $4,875/month
Highlights
- Deck
- Wood Flooring
- Separate Outdoor Workshop
- Traditional Architecture
- Corner Lot
- 3-minute walk to Copper Harbor Playground
About This Home
Charming Residential Property with Commercial Opportunity in Copper Harbor! Discover the perfect blend of cozy living and business opportunity in this beloved gift and memorabilia shop, nestled in the heart of Copper Harbor. This property has a warm and inviting atmosphere with some tongue and groove walls, some hardwood floors and flexible living and business spaces. Attached to the retail space, the living quarters offer a seamless yet private transition with a fenced-in porch/deck and yard area. The main floor features an open-concept living, kitchen, and dining area, along with a versatile den that could serve as a fourth bedroom. Upstairs, you'll find three comfortable bedrooms and a full bathroom, providing ample space for family living. Additionally, the property includes a workshop/storage building (792+/- square feet) in the side yard, perfect for hobbies or additional storage. Off-street parking is available for both residents and customers. If you don't need the living quarters for yourself, consider the potential for rental income (subject to buyer verification with township/county ordinances), an additional complementary business, or expanding the retail space. The property also comes equipped with a Generac generator (2021) for added convenience. Copper Harbor is a charming town that attracts many visitors with its bike and recreational trails, access to Isle Royale, and abundant natural beauty. This property offers a unique opportunity to enjoy a quaint residential lifestyle while continuing the long standing favorite store and possibly exploring additional commercial possibilities. --- NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect & verify all aspects of the property & bears all risks for any inaccuracies including but not limited to estimated acreage, lot location/size, square footage, utilities (availability & costs associated). Real estate taxes are subject to change (possibly significant) & municipality reassessment after sale. Buyer should NOT assume that buyer’s tax bills will be similar to the seller’s current tax bills. Taxes are not zero. Audio/video recording devices may be present on property and entering the property shall be considered consent to be recorded. 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. Heat/Cooling: Propane forced air is for the retail and main floor of living quarters. Electric Heat: 2nd story of living quarters. SHOWINGS BY APPOINTMENT ONLY: Please schedule showings to avoid distruption of business operations. Prequalified buyers only and non-disclosure agreement is required. Also listed as MLS 50187137
Listing Agent
CENTURY 21 AFFILIATED License #UPAR-6502319714 Listed on: 09/17/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1970
Lot Details
- 11,761 Sq Ft Lot
- 200 Ft Wide Lot
- Corner Lot
Parking
- 3 Car Parking Spaces
Home Design
- Traditional Architecture
- Wood Siding
Interior Spaces
- 3,378 Sq Ft Home
- 1.5-Story Property
- Wood Flooring
- Crawl Space
- Oven or Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
- Separate Outdoor Workshop
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Electric Water Heater
Community Details
- Plat Of The Town Of Copper Harbor Subdivision
Listing and Financial Details
- Assessor Parcel Number 310-52-002-016
Map
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 | $4,115 | $132,076 | $44,500 | $87,576 |
| 2024 | -- | $128,843 | $24,000 | $104,843 |
| 2023 | -- | $96,115 | $20,500 | $75,615 |
| 2022 | -- | $96,952 | $15,400 | $81,552 |
| 2021 | $0 | $96,864 | $15,400 | $81,464 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | For Sale | $849,000 | -- | $251 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $340,000 | -- |
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50188822
APN: 310-52-002-016
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Ask me questions while you tour the home.