For Sale
$79,000

708 Stephenson Ave Iron Mountain, MI 49801

Prime location, 289 sq ft, owner-user

Overview

Added:
Dec 11, 2024
Days on market:
133
This 289-square-foot storefront at 708 N. Stephenson Ave. in Iron Mountain, MI, is offered for sale at $79,000. Located on US Hwy 2, this single-unit, Class B retail property boasts excellent street frontage and easy access. Built in 1965, the building sits on a 0.14-acre lot and features ample parking (15 spaces). While the exterior requires some attention, the interior is clean and ready for immediate occupancy. The space includes plenty of display area, large windows, a small bathroom, and a space heater. Previously used as a used car lot, the property benefits from its high visibility and convenient location. The property is 100% occupied as of November 4, 2024. Zoned for commercial use, this owner-user investment opportunity presents a strong value proposition at $12.95 per square foot of land value. The property's Air Rights are 289 sq ft. The APN is 05110112100.

Highlights

  • 708 N. Stephenson Ave., Iron Mountain, MI, a 289 sq ft storefront, is offered at $79,000.
  • Located on US Hwy 2, this single-unit Class B retail building features excellent street frontage and ample parking (15 spaces).
  • The 0.14-acre lot offers high visibility and easy access.
  • Clean interior ready for immediate occupancy; exterior needs some attention.
  • Features include display area, large windows, and a small bathroom.
  • Currently 100% occupied (as of November 4, 2024).

Property Details for 708 Stephenson Ave

Property type
Retail properties, Retail space
Square Feet
289 SF
Class
B
Year Built
1965
Buildings
1
Stories
1
Lot Size (sq. ft)
6,098 SF
Units
1

Location Insight

City
Iron Mountain
County
Dickinson
State
Michigan
Latitude
45.830426535022
Longitude
-88.05984999133

FAQs

What type of property is this?
Retail property - Prime location, 289 sq ft, owner-user
Where is the retail property located?
The property is located at 708 Stephenson Ave Iron Mountain, MI.
What is the asking price?
The asking price for this property is $79,000.
What are key features of this property?
This property features: 708 N. Stephenson Ave., Iron Mountain, MI, a 289 sq ft storefront, is offered at $79,000.; Located on US Hwy 2, this single-unit Class B retail building features excellent street frontage and ample parking (15 spaces).; The 0.14-acre lot offers high visibility and easy access.
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708 Stephenson Ave
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