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Industrial Flex Property with Overhead Doors
For Sale
$130,000

2.12 ac. Forbes Road, Iron River, MI 49935

COM/IND/BUS OPP, Iron River, MI

Property Size1,900 SF
Lot Size2.12 Acres
Price / SF$68.42
Days on Market190

Property Features for 2.12 ac. Forbes Road

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Iron River (36010)
Standard status Active
Size 1,900 SF
Lot size 2.12 Acres

Utilities

Water source Public

Building Details

Year built 1980
Listing Agency: RE/MAX NORTH COUNTRY-IR
Listed By: JEFF DOHL · License #6502328926
Added: Mar 31 Changed: Sep 4 Last Checked: Oct 6 at 2:06AM
MLS# 50202892

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.

Investment Insights

Based on property information with market context.

This flex property includes a 1,900+ square foot metal building configured for equipment handling and commercial operations. The primary 28-by-68-foot section has three 12-by-12-foot overhead doors, a 28-foot interior depth, and an additional 16 feet that can accommodate office space or another bay. Eight exterior 12-by-12-foot storage compartments provide additional equipment storage, with two prepared for overhead-door installation. A 200-amp electrical service is connected, while public water, sewer, and electric are available for hookup. A concrete floor is planned for the metal building.

The 2.12-acre parcel at Forbes Road in Iron River includes level parking and turnaround area suitable for larger equipment. It also contains a 44-by-110-foot brick building with metal trusses and approximately 4,800 square feet of potential covered workspace once a new metal roof is installed. A smaller brick building is also located on the property. Built in 1980, the property offers multiple structures for storage, service, office, and related commercial functions.

Key Highlights

  • 1,900+ square foot metal building with three 12' x 12' overhead doors
  • Main building measures 28' x 68' with an additional 16' of space
  • Eight 12' x 12' exterior storage spaces; two are ready for overhead doors

Property Analytics

Current Use

Flex space

Lease Details

3
Drive-in doors
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flexible commercial improvements offer equipment access, storage capacity, and room for office or additional bay use.
Where is this flex space located?
The property is located at 2.12 ac. Forbes Road Iron River, MI.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: 1,900+ square foot metal building with three 12' x 12' overhead doors; Main building measures 28' x 68' with an additional 16' of space; Eight 12' x 12' exterior storage spaces; two are ready for overhead doors
More about this property
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