5000 N Stephenson Avenue, Iron Mountain, MI 49801

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Place Perfect Realty

homes@placeperfect.com +1(920) 956-9061

$ 425,000

Est. payment | -/mo

8,852 SqFt

Save

$ 425,000

Est. payment | -/mo

Save

8,852 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 8,852 sqft

Price per Sqft $48

MLS Listing ID 50182816

Year Built 1961

Annual Tax Amount $15,093

Tax Year 2024

Lot Size 2.110 Acres

Acres 2.11

Lot Dimensions 460x200

Property Sub-Type Commercial/Industrial

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 you're 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 • ½ 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 land's 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!

Location

State MI

County Dickinson

Area Iron Mountain (22007)

Zoning Commercial

Interior

Heating Forced Air

Exterior

Parking Features 11-20 Spaces, Parking Lot

Roof Type Asphalt,Metal,Shingles

Building

Foundation Slab

Water Private Well

Structure Type Brick,Cement,Metal,Wood

Others

Ownership Private

SqFt Source Assessors Data

Energy Description Natural Gas

Financing Cash,Commercial Loan,Conventional,Conventional Blend

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

Listed by LEEDS REAL ESTATE

"Professional service to our clients & customers is our #1 priority. With offices in Marinette, Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

5000 N Stephenson Avenue Iron Mountain, MI 49801