Disassemblable Metal Commercial
For Sale
Contact for pricing
105 N Lake Antoine Road, Iron Mountain, MI 49801
Sheet metal commercial building sold without the business or real estate and can be disassembled and reassembled elsewhere.
Property Size4,388 SF
Price / SF$2.73
Days on Market373
Property Features for 105 N Lake Antoine Road
General Information
Standard status
Active
Size
4,388 SF
Listing Agency:
HARRIS STATE WIDE
Listed By:
STEVE HARRIS · License #UPAR
(906) 396-3002
Source:
Exprealty
Added: Oct 24, 2025
Changed: Oct 25
Last Checked: Oct 30 at 7:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HARRIS STATE WIDE
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This sheet metal commercial building is available for sale without the business or real estate. The building is designed to be disassembled and reassembled at a new location, which may appeal to users looking to start a shop or add space. The sale reflects the building itself only.
The property is listed for sale with all offers considered.
The offering includes the commercial building, with the ability to relocate its structure rather than relying on ownership of surrounding real estate.
The property is listed for sale with all offers considered.
The offering includes the commercial building, with the ability to relocate its structure rather than relying on ownership of surrounding real estate.
Key Highlights
- Sheet metal commercial building sold without the business or real estate
- Building can be disassembled and reassembled at a new location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,769
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,380
$375.4K
Cap Rate 7%
$268,129
$268.1K
Cap Rate 9%
$208,544
$208.5K
Market Conditions
NOI Build-Up for 4,388 SF
Gross rent
$32.1K $7.32/SF
− Vacancy
−$3.2K −$0.74/SF
EGI
$28.9K $6.58/SF
− OpEx
−$10.1K −$2.30/SF
NOI
$18.8K $4.28/SF
Area
Dickinson County, MI
Vacancy
10.10%
Lease Rate
$7.32 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,380
Cap Rate 7%
$268,129
Cap Rate 9%
$208,544
Alternative Uses
Best Use
Industrial
$310.6K
$271.8K – $362.4K
NOI $21,741 @ 7.0% cap · market cap 181.18%
Second Best
Flex RnD
$268.1K
$234.6K – $312.8K
NOI $18,769 @ 7.0% cap · market cap 156.41%
Theoretical Best
Office A
$846.0K
$740.2K – $987.0K
NOI $59,219 @ 7.0% cap · market cap 493.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49801, MI
11,479
Population
5,927
Households
1.9
Avg Household Size
46
Median Age
25%
College-Educated
95%
High-School Grad
123.9 sq mi
ZIP Area
93
Density / Sq Mi
$62,461
Median Household Income
$41,468
Median Earnings
$667
Median Rent
$157,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Sheet metal commercial building sold without the business or real estate and can be disassembled and reassembled elsewhere.
Where is this flex space located?
The property is located at 105 N Lake Antoine Road Iron Mountain, MI.
What are key features of this property?
This property features: Sheet metal commercial building sold without the business or real estate; Building can be disassembled and reassembled at a new location
