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Office/Retail Building Prime Location
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212 E Margaret St, Iron Mountain, MI 49801

Well-maintained office/retail building with ample parking and full basement.

Property Size1,320 SF
Price / SF$96.89
Days on Market851

Property Features for 212 E Margaret St

General Information

Standard status Active
Size 1,320 SF
Property subtype Office

Building Details

Year Built 1940
Listing Agency: Stephens Real Estate
Listed By: Ryan Gordon · License #MI 6502420131
Source: Crexi
Added: May 3, 2024 Changed: Jul 6 Last Checked: Aug 28 at 4:40PM

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 Stephens Real Estate

Investment Insights

Based on property information with market context.

This is an office/retail building situated in a prime location on U.S. 2, across from A & W, and features convenient access. The well-maintained property includes a full basement and ample parking in both the front and back. The main level comprises a large conference room, a half bath, and a spacious reception area with a waiting room. The upper level offers three generously sized private offices and an additional half bath. The property size is 1320 square feet.

Key Highlights

  • Prime location on U.S. 2 across from A & W.
  • Easy in and out access.
  • Ample parking in both front and back.

Property Analytics

Current Use

Wild Rivers Realty ... Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Pharmacy Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

187
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

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
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office/retail building with ample parking and full basement.
Where is this office building located?
The property is located at 212 E Margaret St 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: Prime location on U.S. 2 across from A & W.; Easy in and out access.; Ample parking in both front and back.
(906) 774-8570 Call to check price and availability
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