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    1600 S Stephenson Ave Iron Mountain, MI 49801

    For Sale
    $495,000

    Commercial/Industrial - Iron Mountain, MI

    Property size:
    2,528 SF
    Lot size:
    0.66 Acres
    Days on Market:
    41
    Last Refresh:
    Dec 8 at 5:06 pm

    Property Features for 1600 S Stephenson Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    051-000-241-00 and 051-700-690
    Interior features
    Billboard, Cafe/Kitchen, Internet Available, No Elevator, Occupied, Telephone
    Exterior features
    Billboard
    Accessibility
    Accessible Elevator Installed
    Size
    2,528 SF
    Lot size
    0.66 Acres

    Utilities

    Utilities
    Phone Available
    Cooling system
    Central Air

    Building Details

    Year built
    1972
    Architectural style
    Other

    Harris State Wide, Inc (906) 828-1099 [email protected]

    Listing agent STEVE HARRIS (906) 828-1099

    Listing date Oct 29, 2025

    MLS# 50192852 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

    Commercial Building on US 2

    This commercial building is situated on a 0.66-acre lot on US 2 in Iron Mountain, MI, across from the Dickinson County Hospital. The property, zoned for commercial use, includes a 2,528-square-foot building. The site is currently leased.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    First National Bank ... Bank Bergeron Toyota Toyota Dealer Pizza Hut Pizza Delivery Tadych's MarketPlace Foods Grocery Store American Fresh Sushi Sushi Takeaway

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -88.050688
    Latitude
    45.808016

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    FAQs

    What type of property is this?
    Storefront property - Commercial building and land for sale on busy US 2.
    Where is this storefront property located?
    The property is located at 1600 S Stephenson Ave Iron Mountain, MI.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Commercial building and land on busy US 2.; - Located across from the Dickinson County Hospital.; - Currently leased, providing immediate income potential.
    (906) 828-1099
    Request Owner's contact information
    1600 S Stephenson Ave 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
    1600 S Stephenson Ave Iron Mountain, MI 49801
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