School Property with
For Sale
$274,500
3257 US2 Highway, Iron River, MI 49935
COM/IND/BUS OPP, Iron River, MI
Property Size20,000 SF
Lot Size4.89 Acres
Price / SF$13.73
Days on Market365
Property Features for 3257 US2 Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial,Residential
Zoning description
Commercial, Residential
Exterior features
Fenced Yard
Fencing
Fenced
Subdivision
Plat of Rogers Location
Lot features
Corner Lot
Standard status
Active
Size
20,000 SF
Lot size
4.89 Acres
Utilities
Heating system
Oil
Cooling system
Wall/Window Unit(s)
Water source
Public
Amenities
stage
library room with loft
kitchen
gymnasium
business office
walk-in safe
classrooms
storage room
Building Details
Year built
1957
Roof type
Rubber
Listing Agency:
U.P. RIVERLAND REALTY
(906) 265-9921
Listed By:
PUNNER FRANZENE · License #UPAR
(906) 367-0960
Added: Oct 7, 2025
Changed: Oct 1
Last Checked: Oct 6 at 2:06PM
MLS# 50190675
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 20,000-square-foot school property occupies 4.89 acres and includes a broad mix of institutional spaces. The building features 9 classrooms, a gymnasium, stage, library with loft, kitchen, small storage room, and a business office divided into 3 rooms. A walk-in safe is also included. Built in 1957, the property has a rubber roof installed in 2018, oil heating, wall/window unit cooling, public water, and a fenced yard.
The facility is positioned along US 2 Highway in Iron River, Michigan, providing highway frontage and exposure. The building is currently leased to 4 organizations, with additional interior capacity identified in the property information. Commercial and residential zoning are listed, and zoning or deed restrictions may apply. Appointments require 24-hour advance notice and are limited to lender-prequalified buyers.
The facility is positioned along US 2 Highway in Iron River, Michigan, providing highway frontage and exposure. The building is currently leased to 4 organizations, with additional interior capacity identified in the property information. Commercial and residential zoning are listed, and zoning or deed restrictions may apply. Appointments require 24-hour advance notice and are limited to lender-prequalified buyers.
Key Highlights
- 20,000‑square‑foot building on a 4.89‑acre lot
- Frontage and exposure along US 2 Highway
- 9 classrooms, gymnasium, stage, and library with loft
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
School - Flexible educational facility with multiple classrooms, administrative offices, and adaptable community-oriented spaces.
Where is this school located?
The property is located at 3257 US2 Highway Iron River, MI.
What is the asking price?
The asking price for this property is $274,500.
What are key features of this property?
This property features: 20,000‑square‑foot building on a 4.89‑acre lot; Frontage and exposure along US 2 Highway; 9 classrooms, gymnasium, stage, and library with loft
