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Office Units with Reception Area
For Sale
$115,000

230 Washington Avenue Unit SourceFi, Iron River, MI 49935

Configured with central air, multiple private offices, and a roof installed within the past several years.

Property Size1,262 SF
Price / SF$91.13
Days on Market65

Property Features for 230 Washington Avenue Unit SourceFi

General Information

Standard status Active
Size 1,262 SF
Property subtype Business Opportunities

Amenities

AC
Central Air
3
Carpet
Shingle
4060

Building Details

Year Built 1920
Listing Agency: U.P. RIVERLAND REALTY
Listed By: KELLY WATERS · License #6501378492
Source: Xome
Added: Jun 28 Changed: Aug 31 Last Checked: Aug 31 at 1:48AM

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 U.P. RIVERLAND REALTY

Investment Insights

Based on property information with market context.

This office property includes a reception area, several office rooms, one and one-half bathrooms, central air conditioning, and 200-amp electrical service. The building dates to 1920 and has a shingle roof installed approximately 2–3 years ago.

Located at 230 Washington Avenue Unit SourceFi in Iron River, Michigan, the property occupies a hilltop setting on Stambaugh Hill. The offering includes the physical real estate only; the operating business is excluded.

Key Highlights

  • Reception area with several office spaces
  • One and one‑half bathrooms
  • 200‑amp electrical service

Property Analytics

Current Use

Richard Hill Medical Clinic Hill's Hearing Services Medical Clinic

Suggested Use

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

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

328
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 units - Configured with central air, multiple private offices, and a roof installed within the past several years.
Where is this office units located?
The property is located at 230 Washington Avenue Unit SourceFi Iron River, MI.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Reception area with several office spaces; One and one‑half bathrooms; 200‑amp electrical service
More about this property
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