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Office Building with Glass Partitions
For Sale
$497,500

126 Woodward, Iron Mountain, MI 49801

Commercial zoning, a conference room, and a break area are among the building’s workplace features.

Property SizeContact for details
Days on Market240

Property Features for 126 Woodward

General Information

Standard status Active
Property subtype Commercial/Industrial
Zoning Commercial

Additional Details

Tenant in Place Yes
Property Use Office

Amenities

conference room
breakroom area
landscaping

Building Details

Year Built 1972
Buildings 1
Tenancy Multi
Listing Agency: Leeds Real Estate
Listed By: Kimberly Webb · License #6501341251
Source: Jabachler
Added: Mar 5 Changed: Oct 27 Last Checked: Oct 27 at 4:09AM

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 Leeds Real Estate

Rey
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Investment Insights

Based on property information with market context.

Built in 1972, this office property in Iron Mountain includes glass interior partitions, a conference room, bathrooms, and a breakroom. The site occupies a corner with a traffic signal and has on-site parking, sidewalks, and landscaped grounds.

The property is at 126 Woodward in Iron Mountain, near Ford Airport, which has commercial service through Delta Air Lines. Existing renters are in place.

Key Highlights

  • Office building constructed in 1972
  • Corner location with a traffic signal
  • Glass interior partitions

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Edward Jones - Financial ... Financial Advisor

Suggested Use

Top Pick Parking Lot & Garage Storage Facility HVAC Service Skin Care Clinic Electrical Service (Bike/Boat/Book/etc) Store

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

594
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Commercial zoning, a conference room, and a break area are among the building’s workplace features.
Where is this office building located?
The property is located at 126 Woodward Iron Mountain, MI.
What is the asking price?
The asking price for this property is $497,500.
What are key features of this property?
This property features: Office building constructed in 1972; Corner location with a traffic signal; Glass interior partitions
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Includes: Price & PSF · Cap rate · Location · Zoning

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