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Ground-Floor Office Units
For Sale
$135,000

216 E Ludington St Iron, Iron Mountain, MI 49801

Compact downtown office suite with reception, two private offices, and an exclusive restroom.

Property SizeContact for details
Days on Market194

Property Features for 216 E Ludington St Iron

General Information

Standard status Active
Property subtype Office Condominium
Listing Agency: Stephens Real Estate
Listed By: Ryan Gordon · License #6502420131
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 30 Last Checked: Aug 30 at 10:05PM

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 833-square-foot office unit occupies the ground floor of the historic Sandstone Condominiums, a building dating to 1891. The interior provides a practical arrangement with a reception and front desk area, two individual offices, and a private restroom.

Positioned in the heart of downtown, the property offers a central setting with visibility and pedestrian activity. Its compact layout suits an owner-user or professional office operation seeking defined work areas within an established building.

Key Highlights

  • 833‑square‑foot ground‑floor office unit
  • Located in the historic Sandstone Condominiums building, established in 1891
  • Reception and front desk area

Property Analytics

Current Use

Iron Mountain Counseling ... Counselor Iron Mountain Counseling ... Counselor Dr. Karen Olson Physician Jill Esterly-Jayne Foster Care Service

Suggested Use

Top Pick Parking Lot & Garage Daycare Center HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

674
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 units - Compact downtown office suite with reception, two private offices, and an exclusive restroom.
Where is this office units located?
The property is located at 216 E Ludington St Iron Iron Mountain, MI.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 833‑square‑foot ground‑floor office unit; Located in the historic Sandstone Condominiums building, established in 1891; Reception and front desk area
More about this property
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