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    121 N 5Th Ave Iron River, MI 49935

    For Sale
    $429,000

    Commercial/Industrial - Iron River, MI

    Property size:
    18,000 SF
    Lot size:
    0.74 Acres
    Days on Market:
    82
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for 121 N 5Th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    054-255-002-20
    Size
    18,000 SF
    Lot size
    0.74 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1910
    Building materials
    Brick
    Architectural style
    Other

    WILD RIVERS REALTY-F (800) 650-2842

    Listing agent STEPHEN REMONDINI (906) 265-7325

    Listing date Sep 15, 2025

    MLS# 50184520 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

    Historical Church with Renovated Basement

    This historical former church, situated on a 0.74-acre lot, offers 18,000 square feet of space across six floors. The building features a large entryway that leads into a gathering room characterized by expansive vaulted ceilings and ten stained glass windows. A stairway provides access to the choir loft and the bell tower, which houses a 600 lb. bell dating back to 1912. Several side rooms are located off the main meeting area, along with a hallway leading to the fully renovated basement. The basement features an open-concept floorplan and turn-key living amenities. This level is equipped with smart technology, including thermostat, lighting, doorbell, water shutoff, locks, integrated audio wiring, and LED lighting. It also includes an office area, living room, lounge, commercial kitchen, several storage rooms, a spa bathroom, and a bedroom. The property is located in Iron River, MI.
    Property Profile Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Iron River
    County
    Iron
    State
    Michigan
    Longitude
    -88.644739
    Latitude
    46.08876

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    FAQs

    What type of property is this?
    Church & religious facility - Unique 18,000 sq ft former church with turn-key living.
    Where is this church & religious facility located?
    The property is located at 121 N 5Th Ave Iron River, MI.
    What is the asking price?
    The asking price for this property is $429,000.
    What are key features of this property?
    This property features: - Fully renovated, smart-enabled basement offering turn-key living with open concept, office, living room, lounge, commercial kitchen, spa bathroom, and bedroom.; - Unique historical former church building with 18,000 square feet and six floors.; - Expansive vaulted ceilings and ten stunning stained glass windows in the large gathering room.
    (906) 265-7325
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    121 N 5Th Ave Iron River, MI 49935
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    Iron River, MI 49935
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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
    121 N 5Th Ave Iron River, MI 49935
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