For Sale
$699,000

2202 Aragon St Iron Mountain, MI 49801

12,000 SF Flex Space, 3 Buildings, $699,000

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a 12,000-square-foot flex space ideally situated in Iron Mountain, Michigan. The property, located at 2202 Aragon St, encompasses three buildings on a 3.2-acre fully fenced lot (APN: 05100000710). The main building boasts over 12,000 square feet of versatile space, featuring radiant heat, ceiling fans, 3-phase power, dedicated office space, restrooms, and ample storage. Access is provided by one 8-foot overhead garage door leading to a semi-container storage area and six 10-foot overhead doors with automatic openers. A separate meeting space is also included within the main building. Complementing the main structure are a detached 28x40 garage with a 12-foot overhead door and a 20x60 two-story outbuilding, offering significant additional space and potential uses. The property offers 25 parking spaces and features a 20-foot ceiling height. Built in 1997 and renovated in 2020, this single-tenant property is zoned for industrial use and is available for immediate occupancy on July 31, 2024. The asking price is $699,000 ($58.25/sq ft), with a land value of $5.01/sq ft. The property is comprised of three units, with a price per unit of $233,000. This multi-building, multi-use property presents a unique opportunity for business expansion or investment in a prime industrial park location.

Highlights

  • 12,000 SF flex space on 3.2-acre fenced lot in Iron Mountain, MI.
  • Three buildings totaling 12,000+ SF, including a main building with radiant heat, 3-phase power, office space, and ample storage.
  • Six 10' overhead doors (automatic), one 8' overhead door, and a separate meeting room.
  • Additional structures include a 28x40 garage and a 20x60 two-story outbuilding.
  • 25 parking spaces, 20' ceiling height, zoned industrial, immediate occupancy July 31, 2024.
  • $699,000 asking price ($58.25/SF), $5.01/SF land value, $233,000 per unit.

Property Details for 2202 Aragon St

Property type
Mixed-use properties, Industrial properties
Square Feet
12,000 SF
Year Built/Renovated
1997/2020
Buildings
3
Stories
1
Lot Size (sq. ft)
139,392 SF
Units
3

Location Insight

City
Iron Mountain
County
Dickinson
State
Michigan
Latitude
45.843355
Longitude
-88.051183

FAQs

What type of property is this?
Mixed-use property - 12,000 SF Flex Space, 3 Buildings, $699,000
Where is the mixed-use property located?
The property is located at 2202 Aragon St Iron Mountain, MI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 12,000 SF flex space on 3.2-acre fenced lot in Iron Mountain, MI.; Three buildings totaling 12,000+ SF, including a main building with radiant heat, 3-phase power, office space, and ample storage.; Six 10' overhead doors (automatic), one 8' overhead door, and a separate meeting room.
How can I contact the broker?
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2202 Aragon St
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