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5000 N Stephenson Avenue, Iron Mountain, MI 49801

$425,000
  • 5000 N Stephenson Avenue, Iron Mountain, MI 49801 Main Photo

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Active
SQUARE FEET8,852 MLS#50199437
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Incredible 9,000+ Sq Ft Commercial Property on 2 Acres ? Versatile Space with Living Quarters & High Visibility Potential. Opportunity knocks with this expansive and versatile commercial property offering over 9,000 sq ft of functional space on a fully cleared and professionally graded 2-acre lot. Whether youre looking to expand an existing business or start a new venture, this property is ready to deliver. Key features include: ¢ 2-bedroom, 1-bath living quarters (could also serve as office space or a conference room/break room) ¢ 1,400+ sq ft workshop area ¢ 2,400+ sq ft shop building with overhead doors ? ideal for storage, automotive, or light industrial use ¢ Renovated 2,700+ sq ft potential retail space, ready for a wide variety of uses ¢ 1/2 bath in retail space ¢ Upper-level open area, a blank canvas for expansion or additional office space ¢ Newer forced NFA heating systems (two total) ¢ New septic, well pressure tank, water heater, and concrete work ? all since 2023 The entire property has been thoughtfully improved with major excavation, new retaining walls, and professional landscaping. While most rocks and some topsoil/gravel will be removed before closing, these sales demonstrate the lands added value. The workshop and 2,400 sq ft shop building are currently leased, with terms negotiable?offering flexibility and immediate income potential. Located just minutes from the WI border and the local airport, this is a prime spot for logistics, retail, light manufacturing, or mixed-use development. Could this be your next business adventure? Schedule a private showing and explore the endless possibilities!

5000 N Stephenson Avenue | MLS# 50199437

This commercial property located at 5000 N Stephenson Avenue, Iron Mountain, MI 49801 is currently listed for sale with an asking price of $425,000. Search Iron Mountain real estate on www.ikeyrealty.com today.

Property Features

Property Type: Commercial - Business
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 2.11 Acres
Roof Type: Asphalt, Metal, Shingles
Taxes: $15,093
Year Built: 1961

Feature Descriptions

Ceiling Height: 16-20 Feet
Commercial Features: Bath, Cafe/Kitchen, Concrete Floor, Delivery Door, Display Window, Floor Drain, Floor Reinforced, Flr Thickness: 4+ - 6 In., Freight Elevator(s), Gas Available, Living Quarters Attached, Overhead Doors, Private Restrooms, Public Restrooms, Separate Meters, Sheet Floorin
Days on Site: 61
Exterior: Brick, Cement, Metal, Wood
Lease Info.: Lease Term 1-2 Years
Parking Notes: 11-20 Spaces, Parking Lot
Sewer: Septic
Summer Tax: 14154.28
Water: Private Well
Water Features: None
Winter Tax: 939.17

Listed By / Shown By

Listed By

Agency Name: LEEDS REAL ESTATE
Agency Phone: 906-779-5333

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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