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    231 E A St Iron Mountain, MI 49801

    For Sale
    $416,900

    Commercial/Industrial - Iron Mountain, MI

    Property size:
    5,893 SF
    Lot size:
    0.28 Acres
    Days on Market:
    82
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 231 E A St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    051-100-468-00
    Size
    5,893 SF
    Lot size
    0.28 Acres

    Building Details

    Year built
    1996
    Architectural style
    Other

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

    Listing agent STEVE HARRIS (906) 828-1099

    Listing date Sep 23, 2025

    MLS# 50085793 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 Investment Opportunity

    This commercial property, located in downtown Iron Mountain behind the city hall and one block from the Dickinson County Courthouse, presents an investment opportunity. Constructed 26 years ago, this well-maintained log cabin building contains 5 units, currently housing 4 separate business leaseholds. The property benefits from a high-traffic location with a history of long-term tenants, including the Moose Jackson Café. The building includes central air-conditioning and two storage sheds. Ample parking is available for tenants and customers. The property sits on a 0.28-acre lot and has a building size of 5893 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Iron Mountain
    County
    Dickinson
    State
    Michigan
    Longitude
    -88.065083
    Latitude
    45.818309

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    FAQs

    What type of property is this?
    Restaurant - Income-generating property in downtown Iron Mountain with long-term leaseholds.
    Where is this restaurant located?
    The property is located at 231 E A St Iron Mountain, MI.
    What is the asking price?
    The asking price for this property is $416,900.
    What are key features of this property?
    This property features: - High-traffic downtown location with strong history of long-term leaseholds; - Income-generating property with 4 business leaseholds currently in place; - Located directly behind Iron Mountain City Hall and one block from the Dickinson County Courthouse
    (906) 828-1099
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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
    231 E A St Iron Mountain, MI 49801
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