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    1208 N Stephenson Ave Iron Mountain, MI 49801

    New
    For Sale
    $259,900

    Commercial/Industrial - Iron Mountain, MI

    Property size:
    800 SF
    Lot size:
    0.13 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 1208 N Stephenson Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    051-102-149-00, 102-151-00*
    Size
    800 SF
    Lot size
    0.13 Acres

    Building Details

    Year built
    1932
    Architectural style
    Other

    Leeds Real Estate (906) 779-5333 [email protected]

    Listing agent KIMBERLY WEBB (906) 779-5333 License #6501341251

    Listing date Dec 1, 2025

    MLS# 50161196 Listing URL

    Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iron Mountain Commercial Property For Sale

    This commercial property, located in a bustling area of Iron Mountain, Michigan, offers prime visibility on a busy highway. Surrounded by established and thriving businesses, the location is suitable for a retail or service-based operation. The 800 sq. ft. building includes a flexible retail space, a heated garage, and a storage area. It also features 2 half baths, ensuring a practical layout for various business needs. The garage space is heated by a Modine heater and equipped with multiple outlets and air compressor adaptors, making it suitable for automotive, mechanical, or other industrial uses. The property has a lot size of 0.13 acres. Recent upgrades include a new gas line installation, with easy conversion to propane if needed. The roof has recently passed inspection.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Diesel Detail Co. Car Detailing Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    L&S Electric, Ray's Body Shop, 906 RV Services, Rudy's Body Shop, Iron Mountain Automotive

    Location Insight

    • Map
    • Local Demand
    City
    Iron Mountain
    County
    Dickinson
    State
    Michigan
    Longitude
    -88.057971
    Latitude
    45.834593

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    FAQs

    What type of property is this?
    Auto shop - Highly visible commercial property suitable for retail or service-based operation.
    Where is this auto shop located?
    The property is located at 1208 N Stephenson Ave Iron Mountain, MI.
    What is the asking price?
    The asking price for this property is $259,900.
    What are key features of this property?
    This property features: - Prime visibility on a busy highway location.; - Heated garage with Modine heater, multiple outlets, and air compressor adaptors suitable for automotive/industrial use.; - Flexible 800 sq. ft. retail space.
    (906) 779-5333
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    Iron Mountain, MI 49801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1208 N Stephenson Ave Iron Mountain, MI 49801
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