Two-Story Office
For Sale
$127,900
Pending
212 E Margaret Street, Iron Mountain, MI 49801
COM/IND/BUS OPP, Iron Mountain, MI
Property Size1,320 SF
Lot Size0.05 Acres
Days on Market395
Property Features for 212 E Margaret Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial,Professional O
Zoning description
Commercial, Professional Office, Residential
Subdivision
Iron Mountain (22007)
Standard status
Pending
Size
1,320 SF
Lot size
0.05 Acres
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1940
Listing Agency:
STEPHENS REAL ESTATE
(906) 774-8570
Listed By:
BETSY SAWICKY
(906) 282-0752
Added: Sep 24, 2025
Changed: Oct 12
Last Checked: Oct 23 at 8:06PM
MLS# 50189701
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 1,320-square-foot office building was constructed in 1940 and has a full basement. The first floor includes a conference room, office area, lobby, and restroom; three additional offices and a second restroom are located upstairs. Forced-air heat and central air conditioning serve the building, which is zoned Commercial,Professional O.
The 0.05-acre property offers five guest parking spaces at the front and six at the rear, in addition to street parking. The reported daily traffic count is 25,000. Public water serves the property.
The 0.05-acre property offers five guest parking spaces at the front and six at the rear, in addition to street parking. The reported daily traffic count is 25,000. Public water serves the property.
Key Highlights
- 1,320‑square‑foot office building on a 0.05‑acre lot
- First floor includes a conference room, office area, lobby, and restroom
- Three upstairs offices and an additional restroom
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
187
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 Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - A basement, conference room, lobby, and multiple private offices support a range of professional office configurations.
Where is this office building located?
The property is located at 212 E Margaret Street Iron Mountain, MI.
What is the asking price?
The asking price for this property is $127,900.
What are key features of this property?
This property features: 1,320‑square‑foot office building on a 0.05‑acre lot; First floor includes a conference room, office area, lobby, and restroom; Three upstairs offices and an additional restroom
