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    208 Cherry St Iron River, MI 49935

    For Sale
    $139,500

    Historic - Iron River, MI

    Property size:
    8,084 SF
    Lot size:
    0.19 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 208 Cherry St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    055.114.012.00, 055.114.011.00
    Interior features
    1 Phase Power, 110 Volt Power, 2 Phase Power, 220 Volt Power, Concrete Floor, Dock Door, Drive-In, Gas Available, Restroom(s), Sidewalks, Unfinished Floor
    Size
    8,084 SF
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1913
    Flooring type
    Concrete
    Building materials
    Brick
    Roof type
    Asphalt, Rubber
    Architectural style
    Other

    KELLER WILLIAMS CLASSIC REALTY NM (763) 463-7500

    Listing agent NICOLE HEBERT (763) 463-7500

    Listing date Nov 4, 2025

    MLS# 50189476 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

    Historic Commercial Building, Iron River

    This historic two-story brick commercial building, formerly the Stambaugh City Hall in Iron River, MI, offers a unique opportunity for redevelopment. The property features original wood front doors and timeless brickwork. The interior provides a blank canvas suitable for a variety of uses, including a restaurant, brewery, winery, office space, retail shops, or a two-floor nightclub. Utilities are in place, and parking is available on the side and on the street. A drive-in garage area with alley access is also included. Situated on a 0.19-acre lot, the building offers 8,084 square feet of space. The property is located in Iron County, in Michigan's Upper Peninsula.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Iron River City ... City Government Office

    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
    -88.632964
    Latitude
    46.084672

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    FAQs

    What type of property is this?
    Storefront property - Historic building suitable for restaurant, office, retail, or nightclub.
    Where is this storefront property located?
    The property is located at 208 Cherry St Iron River, MI.
    What is the asking price?
    The asking price for this property is $139,500.
    What are key features of this property?
    This property features: - Historic brick building (former Stambaugh City Hall) with original wood doors and timeless character.; - Versatile space suitable for restaurant, brewery, office, retail, or nightclub.; - Utilities are in place, including 1/2 phase power, gas, and restrooms.
    (763) 463-7500
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    208 Cherry St 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
    208 Cherry St Iron River, MI 49935
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