709 N Stephenson Avenue Iron Mountain, MI ^$ 650,000

709 N Stephenson Avenue

^$ 650,000

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709 N Stephenson Avenue

Iron Mountain, MI, 49801

^$ 650,000

Studio Baths0.0 Sq 3,124

Monthly Estimate*

^$ 4,540

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Studio

Commercial Property for sale in Iron Mountain, MI

for $650,000. This 3,124 square foot building was built in 1947 on a lot size of 0.91.

What a great opportunity: This nearly one-acre parcel comes with three buildings! Fantastic visibility on the main thoroughfare into town right at an incredibly busy stoplight, with easy in and out access and ample parking. The primary 3,124 sq ft building is in excellent condition and nicely remodeled with entry doors on either end, vaulted tongue-and-groove ceilings with beams, walk-in cooler, ample storage, plus a full basement. The south end of the property includes a small drive-through retail building and a single-family home, both with excellent long-term tenants.

Commercial Active

Price

^$ 650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,876

Style

Commercial/Industrial

Lot Size

0.91

Year Built

1947

Town/City

Iron Mountain

County/Region

Dickinson

MLS | Web ID

50131764

Features

General

Heating Forced Air

Cooling Ceiling Fan(s) Central A/C

Exterior Features Fence Owned Wheelchair Access

Zoning Mixed use Commercial Mixed Use Residential

Water Public Water

Status Active Active

Year Built 1947

Parking 11-20 Spaces Off Street On Site Parking Lot

Water Heater Gas

County Dickinson

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Type Ice Cream/Food Service

Percent Ownership LLC

Municipality Iron Mountain

Subdivision MI

Commercial Features Additional Bldg(s) Internet Available Electric Available Fence Pole Sign Private Restrooms Public Restrooms Restroom(s) Roof Sign Sidewalks

Area Iron Mountain (22007)

Primary City Iron Mountain

Location Corner Lot Main Street

Directions Stephenson Ave north to property on right at corner of E. Margaret St.

City Iron Mountain

Street Name Stephenson

Financial Terms Cash Commercial Loan Conventional

Legal Description IM- 1135 LOT 3 ---EXC--- R/W OF HWY US-2; LOT 4 NOT INCLUDED IN THE R/W OF US-2; LOTS 6 & 7 NOT INCLUDED IN THE R/W OF US-2 ALL OF LOT 8 BLOCK 19 GAY'S SUBDIVISION 051-101-140-00 COMB HERE FOR 2009

DOM 117

Postal Code 49801

Price Per Sq Ft 208.07

Coming Soon What a great opportunity: This nearly one-acre parcel comes with three buildings! Fantastic visibility on the main thoroughfare into town right at an incredibly busy stoplight

Exterior

Exterior Vinyl Siding

Lot Size Area 0.91

Lot Dimensions 267x153x250xirreg

Water Features None

Roads City/County

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

RYAN GORDON

Listing Agent

Stephens Real Estate

Broker

ryangordon@live.com

Affordability Calculator

$5,030

Per Month

Monthly Principal & Interest: $4,540
Monthly Property Taxes: $490
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Iron Mountain, MI

Average List Price ^$422,229

Percent of Sale Price 35%

About Iron Mountain, MI

7,748 Population

-7% Since 2002

^$38,782 Median Income

43.87 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/19/2024	$650,000		Listed Price

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709 N Stephenson Avenue, Iron Mountain, MI, 49801 is a Commercial Property for sale at $650,000 with 3,124 sqft and a lot size of 0.91. 709 N Stephenson Avenue is a studio with 0.0 baths and was built in 1947. The property's zip code is 49801 which is in Iron Mountain, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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709 N Stephenson Avenue

Commercial Property for sale in Iron Mountain, MI

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