For Sale
$164,900

212 Margaret St Iron Mountain, MI 49801

Prime location, 1320 sq ft, vacant.

Overview

Added:
Dec 11, 2024
Days on market:
133
This well-maintained Class A executive office building, located at 212 E. Margaret St. in Iron Mountain, Michigan, is available for $164,900. The 1,320 square foot building sits on a 0.05-acre lot and boasts a prime location on US 2, directly across from A&W, offering convenient access. Built in 1940 and renovated in 2000, this two-story building features a full basement and ample parking (10 spaces) both in front and in the rear. The main level includes a large conference room, a half bath, and a spacious reception area with a waiting room. The upper level provides three generously sized private offices and another half bath. The property is zoned for commercial use (Comm) and is currently vacant, offering immediate occupancy. The price per square foot is $124.92, with a land value of $75.71 per square foot. This owner-user investment opportunity presents a unique chance to acquire a well-established property in a desirable location. The property is a single unit within a single building and has a Dickinson County APN of 051101065000. The ownership structure is an LLC.

Highlights

  • Class A executive office building, 1,320 sq ft, located at 212 E. Margaret St., Iron Mountain, MI.
  • Offered at $164,900, with a price per square foot of $124.92 and land value of $75.71 per square foot.
  • Situated on a 0.05-acre lot on US 2, across from A&W, with ample parking (10 spaces).
  • Two-story building with full basement, built in 1940, renovated in 2000.
  • Features main level reception/waiting area, conference room, half bath; upper level with three private offices and half bath.
  • Currently vacant, zoned commercial (Comm), immediate occupancy available.

Property Details for 212 Margaret St

Property type
Office properties
Square Feet
1,320 SF
Class
A
Year Built/Renovated
1940/2000
Buildings
1
Stories
2
Lot Size (sq. ft)
2,178 SF
Units
1

Location Insight

City
Iron Mountain
County
Dickinson
State
Michigan
Latitude
45.8309938
Longitude
-88.059237

FAQs

What type of property is this?
Office property - Prime location, 1320 sq ft, vacant.
Where is the office property located?
The property is located at 212 Margaret St Iron Mountain, MI.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: Class A executive office building, 1,320 sq ft, located at 212 E. Margaret St., Iron Mountain, MI.; Offered at $164,900, with a price per square foot of $124.92 and land value of $75.71 per square foot.; Situated on a 0.05-acre lot on US 2, across from A&W, with ample parking (10 spaces).
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212 Margaret St
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