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For Sale
$395,000

121 N 5Th Ave, Iron River, MI 49935

Unique 18,000 SF former church with turn-key basement living.

Property Size18,000 SF
Lot Size0.74 Acres
Price / SF$21.94
Days on Market96

Property Features for 121 N 5Th Ave

General Information

Standard status Active
Property type Other retail properties, Creative space, Live-work space, Retail properties & Spaces, Office Spaces
Size 18,000 SF
Lot size 0.74 Acres
Sale Condition 1031 Exchange
Investment Type Owner User

Building Details

Year Built 1910
Buildings 1
Stories 2
Listed By: Ryan Gordon
Added: Jun 10

Property Analytics

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Current Use

Retail properties & Spaces

Suggested Use

Top Pick Parking Lot & Garage Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby

Demographics for 49935, MI

5,952
Population
4,610
Households
1.3
Avg Household Size
51
Median Age
20%
College-Educated
93%
High-School Grad
457.0 sq mi
ZIP Area
13
Density / Sq Mi
$52,254
Median Household Income
$38,052
Median Earnings
$445
Median Rent
$103,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Other retail property - Unique 18,000 SF former church with turn-key basement living.
Where is this other retail property located?
The property is located at 121 N 5Th Ave Iron River, MI.
What is the asking price?
The asking price for this property is $395,000.
More about this property
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