212 E Margaret Street Iron Mountain, MI ^$ 199,900

212 E Margaret Street

^$ 199,900

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Recently Listed

212 E Margaret Street

Iron Mountain, MI, 49801

^$ 199,900

Studio Baths0.0 Sq 1,320

Monthly Estimate*

^$ 1,396

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Studio

Commercial Property for sale in Iron Mountain, MI

for $199,900. This 1,320 square foot building was built in 1940 on a lot size of 0.05.

Prime office building / location on U.S. 2 in Iron Mountain across from A & W. Well maintained with ample parking in the front & back. Main level is 720â with a 14 x 12 conference room, Â½ bath, 14â x 12â secretarial area and a 16â x 12â waiting room. Upstairs are three offices (16' x 12', 16' x 16', 14' x 12') and half bath. Property has full basement. Office building could be converted back to residential.

Commercial Active

Price

^$ 199,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,845

Style

Business

Lot Size

0.05

Year Built

1940

Town/City

Iron Mountain

County/Region

Dickinson

MLS | Web ID

50139791

Features

General

Heating Forced Air

Cooling Central A/C

Zoning Commercial Professional Office Residential Professional Office Commercial Residential

Water Public Water

Status Active Active

Year Built 1940

Parking 6-10 Spaces

Water Heater Electric

County Dickinson

Class COM/IND/BUS OPP

Type Business

Percent Ownership LLC

Municipality Iron Mountain

Subdivision MI

Area Iron Mountain (22007)

Primary City Iron Mountain

Directions From Downtown Iron Mountain drive west on U.S. 2/Carpenter Avenue to property on right. Look for signs.

City Iron Mountain

Street Name Margaret

Financial Terms Cash Commercial Loan Conventional

Legal Description IM- 1065 LOT 9 ---EXCEPT---THE R/W OF HIGHWAY US-2 BLOCK 13 GAY'S SUBDIVISION

DOM 8

Postal Code 49801

Price Per Sq Ft 151.44

Coming Soon Prime office building / location on U.S. 2 in Iron Mountain across from A & W. Well maintained with ample parking in the front & back. Main level is 720â with a 14 x 12 conference room Â½ bath

Exterior

Exterior Hardboard

Lot Size Area 0.05

Lot Dimensions Lot 9

Water Features None

Roads City/County Paved Street U.S. Highway

Waterfront Y/N No

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

CHASE ERICKSON

Listing Agent

Stephens Real Estate-Florence

Broker

chasesellsrealestate@outlook.com

Affordability Calculator

$1,633

Per Month

Monthly Principal & Interest: $1,396
Monthly Property Taxes: $237
Monthly Home Insurance: --

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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 ^$333,925

Percent of Sale Price 67%

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
4/24/2024	$199,900		Listed Price

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212 E Margaret Street, Iron Mountain, MI, 49801 is a Commercial Property for sale at $199,900 with 1,320 sqft and a lot size of 0.05. 212 E Margaret Street is a studio with 0.0 baths and was built in 1940. 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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212 E Margaret Street

Commercial Property for sale in Iron Mountain, MI

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