Multi-Building Manufacturing
1333 S Jackson Street, Iron Mountain, MI 49801
For Sale
$1,300,000
COM/IND/BUS OPP, Iron Mountain, MI
Property Size7,600 SF
Lot Size0.46 Acres
Price / SF$171.05
Days on Market97
Property Features for 1333 S Jackson Street
General Information
Property type
Property subtype
Lot features
Subdivision
Standard status
Size
Lot size
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Listing Agency:
STEPHENS REAL ESTATE
(906) 774-8570
Listed By:
RYAN GORDON · License MI #6502420131
(906) 282-1644
Added: Aug 10
Changed: Oct 8
Last Checked: Nov 14 at 4:06AM
MLS# 50218025
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.
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Investment Insights
Based on property information with market context.
This manufacturing property includes 7,600 square feet across three buildings on 0.46 acres. The improvements provide dedicated areas for production, storage, inventory, equipment, and office functions, allowing manufacturing and administrative activities to operate within the same property. The site is equipped with 1-phase power, public water, forced-air heating, and central air conditioning.
Constructed in 1955, the property offers a combination of industrial workspace and office areas for ongoing business operations. Its multiple-building configuration supports separation of manufacturing, storage, and administrative functions while retaining all components on one site.
Constructed in 1955, the property offers a combination of industrial workspace and office areas for ongoing business operations. Its multiple-building configuration supports separation of manufacturing, storage, and administrative functions while retaining all components on one site.
Key Highlights
- 7,600 square feet of building space across three buildings
- 0.46‑acre property configured for manufacturing, storage, inventory, and office use
- 1‑phase power in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,392
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$907,840
$907.8K
Cap Rate 7%
$648,457
$648.5K
Cap Rate 9%
$504,356
$504.4K
Market Conditions
NOI Build-Up for 7,600 SF
Gross rent
$55.9K $7.35/SF
− Vacancy
−$2.5K −$0.32/SF
EGI
$53.4K $7.03/SF
− OpEx
−$8.0K −$1.05/SF
NOI
$45.4K $5.97/SF
Area
Dickinson County, MI
Vacancy
4.40%
Lease Rate
$7.35 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$907,840
Cap Rate 7%
$648,457
Cap Rate 9%
$504,356
Alternative Uses
Best Use
Warehouse
$648.5K
$567.4K – $756.5K
NOI $45,392 @ 7.0% cap · market cap 3.49%
Second Best
Industrial
$537.9K
$470.7K – $627.6K
NOI $37,655 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,567 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
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
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Three-building layout combines production, storage, inventory, equipment, and administrative areas with single-phase power.
Where is this manufacturing property located?
The property is located at 1333 S Jackson Street Iron Mountain, MI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 7,600 square feet of building space across three buildings; 0.46‑acre property configured for manufacturing, storage, inventory, and office use; 1‑phase power in place
