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    909 S Stephenson Ave Iron Mountain, MI 49801

    For Sale
    $250,000

    Commercial/Industrial - Iron Mountain, MI

    Property size:
    2,335 SF
    Lot size:
    0.20 Acres
    Days on Market:
    171
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 909 S Stephenson Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    05110377800
    Interior features
    Cafe/Kitchen, Electric Available, Restroom(s), Sidewalks, Telephone
    Size
    2,335 SF
    Lot size
    0.20 Acres

    Utilities

    Utilities
    Electricity Available, Phone Available

    Building Details

    Year built
    1920
    Roof type
    Shingle
    Architectural style
    Other

    Stephens Real Estate (906) 774-8570 [email protected]

    Listing agent RYAN GORDON (906) 774-8570

    Listing date Jun 24, 2025

    MLS# 50179448 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

    Prime Commercial Lot in Iron Mountain

    This commercial property features a 72 x 120 lot zoned for business. It is located at a prominent traffic light on the main thoroughfare in Iron Mountain, Michigan. The property is situated directly across from the mall and next door to Dunkin' Donuts, providing maximum visibility and customer flow. The existing older building offers 2,335 square feet of space and immediate potential. The site is suitable for developers and entrepreneurs looking to establish a presence in the heart of the community. The property is currently suitable for storefront, individual retail, restaurant, and coffee shop businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Damian's Pasta Works Italian Restaurant CHOICE AUCTION Auction House

    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.

    Similar Places Nearby

    Iron Mountain City Attorneys Office

    Location Insight

    • Map
    • Local Demand
    City
    Iron Mountain
    County
    Dickinson
    State
    Michigan
    Longitude
    -88.061843
    Latitude
    45.81383

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    FAQs

    What type of property is this?
    Storefront property - High-visibility commercial lot with existing building in Iron Mountain, MI.
    Where is this storefront property located?
    The property is located at 909 S Stephenson Ave Iron Mountain, MI.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Prime location at a prominent traffic light on the main thoroughfare.; - Zoned for business, offering immediate development potential.; - High visibility and constant customer flow due to its location directly across from the mall and next to Dunkin' Donuts.
    (906) 774-8570
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    909 S Stephenson Ave Iron Mountain, MI 49801
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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
    909 S Stephenson Ave Iron Mountain, MI 49801
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