School Building with Stage and
For Sale
$298,500
3257 US2 Highway, Iron River, MI 49935
COMMERCIAL - Iron River, MI
Property Size20,000 SF
Lot Size4.89 Acres
Price / SF$14.93
Days on Market319
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 w/loft
kitchen
gymnasium
business office
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: Aug 4
Last Checked: Aug 21 at 5:06AM
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 school building offers a large interior mix of spaces including a stage, a library room with loft, kitchen, gymnasium, business office with three separate rooms, and a walk-in safe. Additional classrooms and small storage are included, along with fenced outdoor space.
The property sits on a 4.89 +- acre lot with prime exposure and frontage on US Hwy 2. It is currently being rented to 4 different organizations, with room left over for additional renters, subject to applicable zoning and deed restrictions.
The building was constructed in 1957. Updates include a new roof installed in 2018. Heating is oil, and cooling is provided via wall/window units. Water service is public, and the roof is described as rubber.
The property sits on a 4.89 +- acre lot with prime exposure and frontage on US Hwy 2. It is currently being rented to 4 different organizations, with room left over for additional renters, subject to applicable zoning and deed restrictions.
The building was constructed in 1957. Updates include a new roof installed in 2018. Heating is oil, and cooling is provided via wall/window units. Water service is public, and the roof is described as rubber.
Key Highlights
- 4.89 +- acre lot with prime US Hwy 2 frontage and exposure
- Rented to 4 different organizations with room for additional renters
- Includes a stage, library room with loft, kitchen, and gymnasium
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 - Multi-room school facility with a stage, library room with loft, gymnasium, kitchen, and office space on fenced grounds.
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 $298,500.
What are key features of this property?
This property features: 4.89 +- acre lot with prime US Hwy 2 frontage and exposure; Rented to 4 different organizations with room for additional renters; Includes a stage, library room with loft, kitchen, and gymnasium
