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    4159 W Us2 Iron River, MI 49935

    For Sale
    $154,500

    Investment - Iron River, MI

    Property size:
    4,640 SF
    Lot size:
    2.53 Acres
    Days on Market:
    133
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 4159 W Us2

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    004.028.022.00
    Interior features
    Concrete Floor, Electric Available, Undrgrnd Storage Tank
    Exterior features
    In Ground Tank
    Size
    4,640 SF
    Lot size
    2.53 Acres

    Utilities

    Utilities
    Electricity Available
    Heating system
    Forced Air

    Building Details

    Flooring type
    Concrete
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    KELLER WILLIAMS CLASSIC REALTY NM (763) 463-7500

    Listing agent NICOLE HEBERT (763) 463-7500

    Listing date Aug 1, 2025

    MLS# 50183236 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

    Commercial Building on US-2, Michigan

    Located in Iron River Township, Michigan, this commercial building offers 4,640 sq. ft. of space on a 2.53-acre lot. The property is situated along the high-traffic US-2, providing excellent visibility. The interior has been fully gutted, presenting a blank canvas for various business ventures, such as a bait and tackle shop, salon, boutique, or retail store. The building features a spacious layout and a large area behind it suitable for additional use, storage, or expansion. A fueling system and tanks are present on the property but are not included in the sale; however, the seller is open to agreements for their use or can remove them at the buyer's request.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Iron River
    County
    Iron
    State
    Michigan
    Longitude
    -88.685867119049
    Latitude
    46.1014193648

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    FAQs

    What type of property is this?
    Retail property - 4,640 sq ft commercial building on 2.53 acres.
    Where is this retail property located?
    The property is located at 4159 W Us2 Iron River, MI.
    What is the asking price?
    The asking price for this property is $154,500.
    What are key features of this property?
    This property features: - Prime location on busy US-2 in Iron River Township, ensuring high visibility.; - Large 4,640 sq. ft. commercial building on 2.53 acres.; - Fully gutted interior, offering a blank canvas for customization.
    (763) 463-7500
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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
    4159 W Us2 Iron River, MI 49935
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