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Historic Brick Office Building
For Sale
$60,000

208 Cherry Street, Iron River, MI 49935

COMMERCIAL - Iron River, MI

Property Size8,084 SF
Lot Size0.19 Acres
Price / SF$7.42
Days on Market333

Property Features for 208 Cherry Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description Commercial
Lot features Main Street, Residential Area
Subdivision Iron River (36010)
Standard status Active
Size 8,084 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Annual Amount 1520

Utilities

Heating system Forced Air
Water source Public

Amenities

drive-in garage area with alley access

Building Details

Year built 1913
Roof type Rubber, Asphalt
Listing Agency: KELLER WILLIAMS CLASSIC REALTY NW · Keller Williams Realty
Listed By: NICOLE HEBERT · License #UPAR
Added: Sep 22, 2025 Changed: Aug 15 Last Checked: Aug 20 at 10:06PM
MLS# 50189476

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 8,084-square-foot office building in Iron River dates to 1913 and features two stories, brick construction, original wood entry doors, forced-air heat, public water, and rubber and asphalt roofing. The interior is open for a new configuration, while the property carries Commercial zoning.

Parking is available along the side of the building and on the street. A drive-in garage area provides additional functional space and connects to an alley. The property is identified as the former Stambaugh City Hall and retains historic architectural elements inside and out. Its 0.19-acre site offers an established commercial setting for office, retail, restaurant, brewery, winery, or other supported business use.

Key Highlights

  • 8,084‑square‑foot, two‑story office building constructed in 1913
  • Historic brick exterior and interior with original wood front doors
  • Commercial zoning with an open interior ready for reconfiguration

Property Analytics

Current Use

Iron River City ... City Government Office

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Dental Office Electrical Service Plumbing 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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

269
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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-story commercial property with historic detailing, available parking, and alley-accessible garage space.
Where is this office building located?
The property is located at 208 Cherry Street Iron River, MI.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: 8,084‑square‑foot, two‑story office building constructed in 1913; Historic brick exterior and interior with original wood front doors; Commercial zoning with an open interior ready for reconfiguration
More about this property
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