Mixed-Use Property in Downtown
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
(906) 774-1300
Listed By:
NATALIA BROWN · License #6501457282
(906) 282-1648
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
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.