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    212 E Margaret St Iron Mountain, MI 49801

    For Sale
    $149,900

    1 to 4 Units - Iron Mountain, MI

    Property size:
    1,320 SF
    Lot size:
    0.05 Acres
    Days on Market:
    67
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 212 E Margaret St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Professional Office,Commercial,Residential
    APN
    55-051-101-065-000
    Size
    1,320 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1940
    Architectural style
    Other

    WILD RIVERS REALTY-F (800) 650-2842

    Listing agent CHASE ERICKSON (715) 528-3280

    Listing date Sep 30, 2025

    MLS# 50189701 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 Office Building For Sale

    This 1,320 square foot office building is located in Iron Mountain, Michigan. The property is situated in a prime location and features ample parking in both the front and back. The building includes a full basement, a first floor with a conference room, restroom, and large lobby, and an upstairs area with three offices and an additional restroom. The property is zoned for professional office, commercial, and residential use, offering flexibility for various purposes. According to the listing this well-maintained building could be converted back to residential use if desired. The lot size is 0.05 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wild Rivers Realty ... Real Estate Agency

    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
    -88.059208
    Latitude
    45.831008

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    FAQs

    What type of property is this?
    Office building - Well-maintained 1,320 SF office building in prime location.
    Where is this office building located?
    The property is located at 212 E Margaret St Iron Mountain, MI.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - Prime location on US 2.; - 1,320 sq ft office building.; - Ample parking in front and back.
    (715) 528-3280
    Request Owner's contact information
    212 E Margaret St 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
    212 E Margaret St Iron Mountain, MI 49801
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