Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    127 S Stephenson Ave Iron Mountain, MI 49801

    For Lease
    $700 /Mo ($21 SF/Yr)

    Office - Iron Mountain, MI

    Type:Office
    Property size:
    400 SF
    Days on Market:
    12
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 127 S Stephenson Ave

    General Information

    Property type
    Residential Lease
    Property subtype
    Office
    Standard status
    Active
    Zoning
    Commercial
    APN
    05110003600
    Interior features
    Display Window, Elevator(s), Restroom(s), Sidewalks
    Accessibility
    Accessible Elevator Installed
    Size
    400 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1910
    Building materials
    Brick
    Architectural style
    Other

    Stephens Real Estate (906) 774-8570 [email protected]

    Listing agent RYAN GORDON (906) 774-8570

    Listing date Nov 24, 2025

    MLS# 50194937 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

    Downtown Iron Mountain Office Space

    This 400 square foot office space is located on the first floor of the historic Stephenson Court Building in downtown Iron Mountain. The unit features large windows overlooking Stephenson Avenue, providing natural light and visibility. Parking is available in the rear and on the street. The space is adaptable for various professional needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    R C Peterson ... Attorney Kneaded Bodywork and Massage ... Massage Therapist Stephenson Court Building Office Space Rental Agency Upper Peninsula Michigan ... Employment Agency Lighthouse Title Group Title Company

    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 Mountain
    County
    Dickinson
    State
    Michigan
    Longitude
    -88.064079
    Latitude
    45.821438

    Nearby Similar for Lease

    • $950 /Mo
      630 SF

      Downtown Office Space For Rent

      630 sq ft office space in historic downtown building.
      127 S Stephenson Ave, Iron Mountain, MI 49801
      View Details
    • $1,200 /Mo
      1,000 SF

      Downtown Iron Mountain Commercial Space

      Remodeled 1,000 sq ft unit in high-traffic downtown location.
      333 S Stephenson Ave, Iron Mountain, MI 49801
      View Details
    • $1,200 /Mo
      875 SF

      Downtown Iron Mountain Commercial Space

      875 SF commercial space ideal for retail or office.
      333 S Stephenson Ave, Iron Mountain, MI 49801
      View Details
    • $325 /Mo
      150 SF

      Downtown Iron Mountain Office Space

      Individual office suites available in downtown Iron Mountain.
      333 S Stephenson Ave, Iron Mountain, MI 49801
      View Details
    • $800 /Mo
      565 SF

      Updated Downtown Iron Mountain Unit

      Updated 565 SF unit ideal for retail or office.
      333 S Stephenson Ave, Iron Mountain, MI 49801
      View Details
    • $14 SF/Yr
      176,352 SF

      Iron Mountain Retail Center Investment

      High-traffic retail space, multiple units available
      1860 Stephenson Ave, Iron Mountain, MI 49801
      View Details

    FAQs

    What type of property is this?
    Office space - 400 sq ft office space in downtown Iron Mountain.
    Where is this office space located?
    The property is located at 127 S Stephenson Ave Iron Mountain, MI.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown location in the heart of the business district.; - Move-in ready, adaptable 400 sq ft office space.; - High visibility with **large display windows** overlooking Stephenson Avenue.
    (906) 774-8570
    Request Owner's contact information
    127 S Stephenson Ave Iron Mountain, MI 49801
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    127 S Stephenson Ave
    Iron Mountain, MI 49801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    127 S Stephenson Ave Iron Mountain, MI 49801
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.