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Storefront Property with Showroom
For Sale
$249,900

32 N 4th Avenue, Iron River, MI 49935

COM/IND/BUS OPP, Iron River, MI

Property Size11,680 SF
Lot Size0.77 Acres
Price / SF$21.40
Days on Market152

Property Features for 32 N 4th Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description Commercial
Lot features Main Street
Subdivision Iron River (36010)
Standard status Active
Size 11,680 SF
Lot size 0.77 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 3517

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1945
Listing Agency: STEPHENS REAL ESTATE-IRON RIVER
Listed By: STEPHEN REMONDINI · License #11057094
Added: Mar 30 Changed: Aug 27 Last Checked: Aug 28 at 12:06AM
MLS# 50202830

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.

Investment Insights

Based on property information with market context.

This commercial storefront property includes 11,680 square feet of building area on a 0.77-acre lot. The primary building provides approximately 5,000 square feet for showroom and office functions, complemented by a 36-by-48-foot storage addition. Concrete floors separate the main level from the basement, and the property is heated by a newer forced-air furnace.

The site fronts M189 in Iron River, Michigan, providing exposure along the roadway. Commercial zoning, public water service, and the existing combination of customer-facing and support areas create a functional setting for retail-oriented operations. Built in 1945, the property offers a substantial existing improvement with showroom, office, storage, and basement components.

Key Highlights

  • 11,680‑square‑foot commercial building on 0.77 acres
  • Approximately 5,000 square feet of showroom and office space
  • 36‑by‑48‑foot addition designated for storage

Property Analytics

Current Use

Oberlin's Kitchen & Bath Building Supply

Suggested Use

Top Pick Parking Lot & Garage Dental Office Plumbing Service (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

315
Businesses Nearby
35k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 62% Home Improvements & Furnishings 21% Apparel 11% Hotels & Casinos 6%
Holiday Station Store Shops & Services
12,410 visits/mo 0.3 miles
Bigari Ace Hardware Home Improvements & Furnishings
7,427 visits/mo 0.4 miles
Dollar General Shops & Services
4,686 visits/mo 0.3 miles
Windsor Apparel
3,888 visits/mo 0.3 miles
Family Dollar Shops & Services
3,774 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial storefront with showroom, office, storage, basement space, and public water service.
Where is this storefront property located?
The property is located at 32 N 4th Avenue Iron River, MI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 11,680‑square‑foot commercial building on 0.77 acres; Approximately 5,000 square feet of showroom and office space; 36‑by‑48‑foot addition designated for storage
More about this property
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