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305 S Stephenson Avenue, Iron Mountain, MI, 49801
Mixed-Use Property in Downtown Core

305 S Stephenson Avenue Iron Mountain, MI 49801

For Sale
$179,900

COMMERCIAL - Iron Mountain, MI

Property Size4,141 SF
Lot Size0.83 Acres
Price / SF$43.44
Days on Market477

Property Features for 305 S Stephenson Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Patio and Porch features
Patio
Exterior features
Deck/Patio
Standard status
Active
Size
4,141 SF
Lot size
0.83 Acres

Utilities

Heating system
Forced Air
Water source
Public

Building Details

Year built
1964
Listing Agency: COLDWELL BANKER REAL ESTATE GROUP
Listed By: NATALIA BROWN · License #6501457282
Added: Apr 7, 2025 Changed: May 21 Last Checked: Jul 27 at 7:06AM
MLS# 50170842

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

Located in the vibrant downtown core, the property at 305 S Stephenson Avenue in Iron Mountain, MI, presents an investment opportunity with both commercial and residential spaces. The ground floor features a spacious commercial area benefiting from high foot traffic and excellent visibility. Above the commercial space, a private 2-bedroom apartment is accessible from both the front and rear of the building. The apartment includes a deck, providing additional outdoor space. The property is situated on a 0.83-acre lot and encompasses a total area of 4141 square feet. This mixed-use property is located in a prime location, making it an ideal investment.

Key Highlights

  • Prime downtown location with high foot traffic.
  • Commercial and residential spaces offer investment opportunity.
  • Spacious ground floor commercial area with excellent visibility.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Sunny's Design and Alteration (Bike/Boat/Book/etc) Store

Suggested Use

Parking Lot & Garage HVAC Service Dental Office Daycare Center Storage Facility (Bike/Boat/Book/etc) Store Skin Care Clinic Bakery Carpet & Flooring Store Veterinary Clinic

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

FAQs

What type of property is this?
Mixed-use property - Commercial and residential spaces in a vibrant downtown location.
Where is this mixed-use property located?
The property is located at 305 S Stephenson Avenue Iron Mountain, MI.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Prime downtown location with high foot traffic.; Commercial and residential spaces offer investment opportunity.; Spacious ground floor commercial area with excellent visibility.
More about this property
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