Iron Mountain, MI Commercial Real Estate for Sale

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46 properties

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Updated: Mar 26

Restaurant Building with Highway Access

1605 N Stephenson Avenue, Iron Mountain, MI 49801

$329,500

3,288 sqft 0.48 AC lot

3,288‑square‑foot building on a 0.48‑acre site
Restaurant‑oriented property with office and retail use potential
New plumbing and wiring
Three large handicap‑accessible bathrooms described as up to code
Corner location at US‑2 and N Stephenson Avenue with immediate highway access

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1605 N Stephenson Avenue, Iron Mountain, MI 49801

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Est. Cap Rate

9%
Above avg (5.9%)
Est. NOI

$30K
Annual
Price @ 7% Cap

$424K
Above asking

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Updated: Aug 10

Multi-Building Manufacturing Property

1333 S Jackson Street, Iron Mountain, MI 49801

$1,300,000

7,600 sqft 0.46 AC lot

7,600 square feet of building space across three buildings
0.46‑acre property configured for manufacturing, storage, inventory, and office use
1‑phase power in place
Public water service
Forced‑air heating and central air conditioning

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Drive-Through Restaurant Building

701 N Stephenson Avenue, Iron Mountain, MI 49801

$550,000

3,124 sqft 0.15 AC lot

Drive-through restaurant with central air, forced-air heat, a commercial freezer, and off-street parking lot.

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Turnkey Bar and Restaurant

207 E Hughitt Street, Iron Mountain, MI 49801

$550,000

4,680 sqft 0.13 AC lot

For sale turnkey bar and restaurant with included kitchen and bar equipment.

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COMMERCIAL - Iron Mountain, MI

1333 S Jackson St, Iron Mountain, MI 49801

$1,300,000

7,600 sqft 0.46 AC lot

Three-building layout combines production, storage, inventory, equipment, and administrative areas with single-phase power.

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Flex Space with Oversized Doors

222 Merritt Avenue, Iron Mountain, MI 49801

$235,000

2,400 sqft 0.50 AC lot

Commercial and industrial zoning supports a shop-oriented layout with office and restroom areas.

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Flex Property With Workshop

5000 N Stephenson Avenue, Iron Mountain, MI 49801

$339,000

8,852 sqft 2.11 AC lot

Commercial property combines workshop, shop, retail, and adaptable residential or office areas on a professionally improved parcel.

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Turnkey Bar and Restaurant

Iron Mountain, MI 49801

$550,000

4,700 sqft

Turnkey bar and restaurant offering kitchen and bar equipment included, with ample parking and efficient floorplan.

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Updated Office Building on Corner

126 Woodward Avenue, Iron Mountain, MI 49801

$497,500

2,640 sqft 0.63 AC lot

Updated office building on a high-visibility corner lot with stoplight and glass interior walls.

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Flex Space With Attached Garage

101 W Hughitt Street, Iron Mountain, MI 49801

$299,900

3,325 sqft 0.50 AC lot

Commercial property combines retail, storage, office, and service areas with on-site parking and a rear entrance.

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Blackstone Pizza & Pub - Iron Mountain, MI

207 E Hughitt St, Iron Mountain, MI 49801

$550,000

4,680 sqft 0.13 AC lot

Turnkey bar and restaurant in Iron Mountain's historic district.

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Leased Restaurant Property

1600 S Stephenson Avenue, Iron Mountain, MI 49801

$495,000

2,528 sqft 0.66 AC lot

Restaurant property in commercial zoning, currently leased to a national chain pizza company.

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Ground-Floor Office Suite

216 E Ludington Street, Iron Mountain, MI 49801

$135,000

833 sqft

Compact ground-floor office suite with a reception area, two offices, and a private restroom.

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Flex Property with Workshop Space

5000 N Stephenson Avenue, Iron Mountain, MI 49801

$339,000

8,852 sqft 2.00 AC lot

Versatile commercial improvements combine work areas, retail space, offices, and on-site living quarters on a cleared commercial parcel.

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Two-Story Office Building

212 E Margaret Street, Iron Mountain, MI 49801

$127,900

1,320 sqft 0.05 AC lot

Professional-office configuration includes a full basement, conference room, lobby, and multiple offices.

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Commercial Land with Existing Building

909 S Stephenson Avenue, Iron Mountain, MI 49801

$250,000

2,335 sqft 0.20 AC lot

Commercial zoning and a shingle-roof building are present on the parcel.

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Industrial Shop with Overhead Doors

222 Merritt Avenue Unit SourceFi, Iron Mountain, MI 49801

$235,000

2,400 sqft

Industrial building with two semi-truck-height overhead doors, shop space, office, and bathroom for flexible commercial use.

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Retail Space with Open Layout

W8145 US2 Highway, Iron Mountain, MI 49801

$695,000

6,328 sqft 1.15 AC lot

Commercial zoning, customer parking, display windows, and a rear overhead door support a flexible retail configuration.

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60,000 SF Commercial Building

106 E Smith St, Iron Mountain, MI 49801

$2,300,000

60,000 sqft 2.80 AC lot

60,000 SF commercial building on 2.8 acres.

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Mixed-Use Property in Downtown Core

305 S Stephenson Avenue, Iron Mountain, MI 49801

$179,900

4,141 sqft 0.83 AC lot

Commercial and residential spaces in a vibrant downtown location.

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Commercial/professional office building

212 E Margaret St, Iron Mountain, MI 49801

$127,900

1,320 sqft 0.05 AC lot

Well-maintained office building with lobby, conference room, multiple offices, and ample front and back parking.

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Modern Auto Service Facility

1137 S Stephenson Street, Iron Mountain, MI 49801

$1,650,000

3,519 sqft 1.10 AC lot

Multi-bay commercial facility with service equipment, office space, storage, and an included snow removal business.

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COMMERCIAL - Iron Mountain, MI

216 E Ludington St, Iron Mountain, MI 49801

$135,000

833 sqft

Compact, tastefully decorated office suite in historic downtown building.

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Land in Iron Mountain, MI

Pewabic Street, Iron Mountain, MI 49801

Contact for pricing

0.66 AC lot

Three contiguous parcels totaling 0.66 acres in Iron Mountain.

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Iron Mountain, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Iron Mountain, MI, showcased through 46 active listings on our real estate platform. These investment opportunities span a total of 222,283 square feet of properties for sale, with an estimated market value of $17,785,200.

Sale prices for business properties in Iron Mountain, MI start at $75,000, averaging $523,094, and reaching up to $2,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 18K

Population Growth (5Y) -12.5%

Median Household Income $62,329

College Educated 29.1%

High-Yield Neighborhoods for Investment

Identify Iron Mountain submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49801	$484.1K

Listings Trend

New vs delisted commercial listings in Dickinson County

New Delisted

Total CRE Inventory on Market (SF)

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