Downtown Flex Space with Loading
For Sale
$255,000
433 Stephenson Ave, Escanaba, MI 49829
COM/IND/BUS OPP, Escanaba, MI
Property Size49,728 SF
Lot Size1.50 Acres
Price / SF$5.10
Days on Market685
Property Features for 433 Stephenson Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial,Industrial
Zoning description
Commercial, Industrial
Exterior features
Fence Owned
Fencing
Fenced
Lot features
Residential Area, Industrial
Subdivision
Escanaba (21010)
Standard status
Active
Size
50,000 SF
Lot size
1.50 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
6140
Utilities
Heating system
Radiant
Water source
Public
Building Details
Year built
1908
Roof type
Rubber
Listing Agency:
NORTHERN MICHIGAN LAND BROKERS - ESCANABA
(906) 225-5263
Listed By:
TIM GEORGE · License #UPAR
(906) 420-9922
Added: Oct 25, 2024
Changed: Sep 7
Last Checked: Sep 9 at 9:06PM
MLS# 50159399
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.
This flex space property combines block, brick, and pre-engineered steel construction within a building originally completed in 1908 and expanded over time. The interior includes a retail storefront, multiple office areas, radiant space heat, a sprinkler system, three-phase power, and a built-in industrial air compressor. A rubber roof, public water, and owned fencing are also in place.
The property occupies 1.5 acres in downtown Escanaba with frontage on three streets. Loading facilities accommodate two 53-foot semi-trailers, supporting industrial, warehouse, and commercial operations. Interior areas can be configured for more than one use or occupancy, with opportunities to divide the building into separate spaces. Zoning is identified as Commercial,Industrial.
The property occupies 1.5 acres in downtown Escanaba with frontage on three streets. Loading facilities accommodate two 53-foot semi-trailers, supporting industrial, warehouse, and commercial operations. Interior areas can be configured for more than one use or occupancy, with opportunities to divide the building into separate spaces. Zoning is identified as Commercial,Industrial.
Key Highlights
- Approximately 50,000 square feet on 1.5 acres
- Frontage on three streets in downtown Escanaba
- Loading docks for two 53‑foot semi‑trailers
Property Analytics
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Current Use
Lease Details
2
Dock-high doors
Yes
Sprinkler system
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
772
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49829, MI
17,009
Population
8,729
Households
1.9
Avg Household Size
45
Median Age
19%
College-Educated
90%
High-School Grad
66.8 sq mi
ZIP Area
255
Density / Sq Mi
$45,808
Median Household Income
$31,366
Median Earnings
$667
Median Rent
$139,000
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial and industrial building with retail, office, loading, and subdivision options.
Where is this flex space located?
The property is located at 433 Stephenson Ave Escanaba, MI.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Approximately 50,000 square feet on 1.5 acres; Frontage on three streets in downtown Escanaba; Loading docks for two 53‑foot semi‑trailers
