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220 N 2Nd Ave, Iron River, MI 49935

For Sale
$65,000

Versatile property with nearly 2,900 sq ft of possibilities!

Property Size2,880 SF
Lot Size0.38 Acres
Price / SF$22.57
Days on Market29

Property Features for 220 N 2Nd Ave

General Information

Standard status Active
Property type Office buildings, Office Spaces
Size 2,880 SF
Net Rentable 2,880 SF
Elevators Yes
Lot size 0.38 Acres
Sale Condition High Vacancy
Investment Type Owner User

Building Details

Year Built 1996
Buildings 1
Stories 1
Units 1
Listed By: Ryan Gordon
Added: Oct 12
Rey
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Property Analytics

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Current Use

Gathering Place Crisis Center

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Dental Office (Bike/Boat/Book/etc) Store Furniture & Home Goods Storage Facility

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

348
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Office building - Versatile property with nearly 2,900 sq ft of possibilities!
Where is this office building located?
The property is located at 220 N 2Nd Ave Iron River, MI.
What is the asking price?
The asking price for this property is $65,000.
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Includes: Price & PSF · Cap rate · Location · Zoning

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