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$425,000 for Sale
5000 n stephenson, iron mountain, MI 49801
Property Description
Incredible 9,000+ Sq Ft Commercial Property on 2 Acres ? Versatile Space with Living Quarters & High Visibility Potential. Opportunity knocks with this expansive and versatile commercial property offering over 9,000 sq ft of functional space on a fully cleared and professionally graded 2-acre lot. Whether you're looking to expand an existing business or start a new venture, this property is ready to deliver. Key features include: ? 2-bedroom, 1-bath living quarters (could also serve as office space or a conference room/break room) ? 1,400+ sq ft workshop area ? 2,400+ sq ft shop building with overhead doors ? ideal for storage, automotive, or light industrial use ? Renovated 2,700+ sq ft potential retail space, ready for a wide variety of uses ? ½ bath in retail space ? Upper-level open area, a blank canvas for expansion or additional office space ? Newer forced NFA heating systems (two total) ? New septic, well pressure tank, water heater, and concrete work ? all since 2023 The entire property has been thoughtfully improved with major excavation, new retaining walls, and professional landscaping. While most rocks and some topsoil/gravel will be removed before closing, these sales demonstrate the land?s added value. The workshop and 2,400 sq ft shop building are currently leased, with terms negotiable?offering flexibility and immediate income potential. Located just minutes from the WI border and the local airport, this is a prime spot for logistics, retail, light manufacturing, or mixed-use development. Could this be your next business adventure? Schedule a private showing and explore the endless possibilities!
General Information
Sale Price: $425,000
Price/SqFt: $48
Status: Active
MLS#: 50199437
City: iron mountain
Post Office: iron mountain
County: Dickinson
Acres: 2.11
Lot Dim: 460x200
Size: 8,852 sq.ft.
Acreage: 2.11 est.
Year Built: 1961
Property Type: Commercial/Industrial
Tax, Fees & Legal
Est. Summer Taxes: $14,154
Est. Winter Taxes: $939
Est. Winter Taxes: $939
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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: KELLY CHALLANCIN of LEEDS REAL ESTATE
This listing last updated: Wed, March 11, 2026 at 2:43:10 PM EDT
MIRealSource Listing Data Last Updated On Friday, April 3 2026 at 8:15am
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Listings presented by:
KELLY CHALLANCIN
LEEDS REAL ESTATE
Call: (906) 282-4906 |