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    Iron Mountain, MI
    Industrial

    Iron Mountain, MI Industrial Properties for Sale

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    Industrial Property with Leased Shops
    Updated: Jul 23, 2025
    Industrial Property with Leased Shops

    5000 N Stephenson Avenue, Iron Mountain, MI 49801

    $425,000
    8,852 sqft 2.00 AC lot
    9,000+ SF flex‑industrial/commercial complex on a fully cleared, professionally graded 2‑acre lot
    Includes 2‑bedroom, 1‑bath living quarters that could also be used as office or conference/break‑room space
    1,400+ SF workshop area plus a 2,400+ SF shop building with overhead doors
    Renovated 2,700+ SF potential retail space with a 1/2 bath and an upper‑level open area
    Two newer forced NFA heating systems (total); new septic, well pressure tank, and water heater plus concrete work all since 2023
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    This listing looks promising.

    Here's a quick look at some key insights for

    5000 N Stephenson Avenue, IRON MOUNTAIN, MI 49801

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $38K
      Annual

    • Price @ 7% Cap

      $541K
      Above asking
    View Property Analytics
    Multi-Building Manufacturing Property
    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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    Flex Space with Oversized Doors
    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
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    COMMERCIAL - Iron Mountain, MI
    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.

    View details
    Flex Space With Attached Garage
    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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    Flex Property with Workshop Space
    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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    60,000 SF Commercial Building
    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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    Disassemblable Metal Commercial Building
    Disassemblable Metal Commercial Building

    105 N Lake Antoine Road, Iron Mountain, MI 49801

    Contact for pricing
    4,388 sqft

    Sheet metal commercial building sold without the business or real estate and can be disassembled and reassembled elsewhere.

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    Based on your search, we've compiled 46 Potential Opportunities for your consideration. Besides 9 Active listings in Iron Mountain, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 32 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Industrial Warehouse with Loading Docks
    Industrial Warehouse with Loading Docks

    1025 Pyle Drive, Kingsford, MI 49802

    $1,200,000
    15,260 sqft 2.00 AC lot

    Industrial facility with a large open warehouse, full-length floor drain, and multiple 14-ft doors.

    View details
    COMMERCIAL - Kingsford, MI
    COMMERCIAL - Kingsford, MI

    1025 Pyle Dr, Kingsford, MI 49802

    $1,200,000
    15,260 sqft 2.00 AC lot

    15,260 sq ft industrial facility on 2 acres.

    View details
    Flex Building with Overhead Doors
    Flex Building with Overhead Doors

    2.12 ac. Forbes Road, Iron River, MI 49935

    $130,000
    1,900 sqft 2.12 AC lot

    Commercial property includes utility-ready workspace, equipment storage, and room for larger vehicle maneuvering.

    View details
    Iron River Flex/Industrial Property
    Iron River Flex/Industrial Property

    417 Washington Ave, Iron River, MI 49935

    $425,000

    Flex/Industrial property available for sale in Iron River.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Zoned Industrial Land Parcel
    Zoned Industrial Land Parcel

    N Merritt Avenue, Iron Mountain, MI 49801

    $75,000
    1.10 AC lot

    Vacant industrial-zoned land with high visibility and easy access on N Merritt Avenue in Iron Mountain.

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    Off-Market Properties in Iron Mountain, MI

    Consider similar Off-Market properties in Iron Mountain, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    500 Pne St
    INDUSTRIAL (GENERAL)

    500 Pne St, Iron Mountain, MI 49801-1438

    $410,000
    Estimated value
    21,176 sqft 2.75 AC lot
    View details
    626 Cir Dr
    INDUSTRIAL (GENERAL)

    626 Cir Dr, Iron Mountain, MI 49801-1467

    Value Estimation by Request
    3,200 sqft 5.05 AC lot
    View details
    1801 Stephenson Ave
    INDUSTRIAL (GENERAL)

    1801 Stephenson Ave, Iron Mountain, MI 49801-1407

    Value Estimation by Request
    26,360 sqft 20.79 AC lot
    View details
    600 Pne St
    INDUSTRIAL (GENERAL)

    600 Pne St, Iron Mountain, MI 49801-1436

    Value Estimation by Request
    8,000 sqft 13.25 AC lot
    View details
    2232 Pewabic St
    INDUSTRIAL (GENERAL)

    2232 Pewabic St, Iron Mountain, MI 49801-1446

    $390,000
    Estimated value
    10,200 sqft 4.30 AC lot
    View details
    1720 Milwaukee Ave
    INDUSTRIAL (GENERAL)

    1720 Milwaukee Ave, Iron Mountain, MI 49801

    Value Estimation by Request
    1,344 sqft 1.94 AC lot
    View details
    Lucas Rd
    INDUSTRIAL (GENERAL)

    Lucas Rd, Felch, MI 49831

    Value Estimation by Request
    39.20 AC lot
    View details
    7870 Lucas Rd
    INDUSTRIAL (GENERAL)

    7870 Lucas Rd, Felch, MI 49831

    Value Estimation by Request
    40.00 AC lot
    View details
    Lucas Rd
    INDUSTRIAL (GENERAL)

    Lucas Rd, Felch, MI 49831

    Value Estimation by Request
    37.95 AC lot
    View details
    135 Lk Antoine Rd
    INDUSTRIAL (GENERAL)

    135 Lk Antoine Rd, Iron Mountain, MI 49801

    Value Estimation by Request
    192 sqft 0.13 AC lot
    View details
    1515 Kramer Dr
    INDUSTRIAL (GENERAL)

    1515 Kramer Dr, Iron Mountain, MI 49801

    Value Estimation by Request
    529 sqft 1.12 AC lot
    View details
    800 Industrial Park Dr
    INDUSTRIAL (GENERAL)

    800 Industrial Park Dr, Iron Mountain, MI 49801-1400

    Value Estimation by Request
    68,792 sqft 43.42 AC lot
    View details
    3201 Industrial Dr
    INDUSTRIAL (GENERAL)

    3201 Industrial Dr, Iron Mountain, MI 49801-1406

    Value Estimation by Request
    View details
    3201 Industrial Dr
    INDUSTRIAL (GENERAL)

    3201 Industrial Dr, Iron Mountain, MI 49801-1406

    Value Estimation by Request
    View details
    3201 Industrial Dr
    INDUSTRIAL (GENERAL)

    3201 Industrial Dr, Iron Mountain, MI 49801-1406

    Value Estimation by Request
    View details

    Iron Mountain, MI Industrial Properties Market Trends and Statistics

    Explore 41 industrial properties for sale in Iron Mountain, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 111,869 square feet of properties for sale, with an estimated market value of $6,537,900.

    Sale prices for industrial buildings in Iron Mountain, MI start at $235,000, averaging $817,237, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 7
    Manufacturing properties 2

    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 $837.2K

    Listings Trend

    New vs delisted commercial listings in Dickinson County

    New Delisted

    Total CRE Inventory on Market (SF)

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