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Office Units with Shared Amenities
For Lease
$325/Mo

333 S Stephenson Avenue, Iron Mountain, MI 49801

COM/IND/BUS OPP, Iron Mountain, MI

Space Size150 SF
Days on Market277

Property Features for 333 S Stephenson Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning Commercial
Zoning description Commercial
Lot features Corner Lot, Main Street
Subdivision Iron Mountain (22007)
Standard status Active
Size 150 SF

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

lobby
kitchenette
restrooms
conference room

Building Details

Year built 1950
Listing Agency: STEPHENS REAL ESTATE
Listed By: RYAN GORDON · License #6502420131
Added: Nov 24, 2025 Changed: Aug 19 Last Checked: Aug 28 at 6:06AM
MLS# 50194941

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.

The lower level of this 1950 office property contains two separate 150 square foot units currently available. Each unit is part of an office suite with individual workrooms and access to a shared lobby, kitchenette, restrooms, and conference room. Forced-air heating and central air conditioning serve the building, with public water provided.

The property is located at 333 S Stephenson Avenue in downtown Iron Mountain. Street parking and nearby municipal parking lots support access for occupants and visitors. The available configuration offers compact office space within a shared-support layout.

Key Highlights

  • Two separate 150 sq ft office units currently available
  • Lower‑level office suite with individual workrooms
  • Shared lobby, kitchenette, restrooms, and conference room

Property Analytics

Current Use

Travis Paquette, Bankers ... Insurance Agency Joshua Filizetti, Bankers ... Insurance Agency Refresh Holistic Medicine Alternative Medicine Practice Colenso Dana CPA Accounting Firm Matthew(Matt) Peterson, Bankers ... Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Dental Office Daycare Center Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

759
Businesses Nearby

Demographics for 49801, MI

11,479
Population
5,927
Households
1.9
Avg Household Size
46
Median Age
25%
College-Educated
95%
High-School Grad
123.9 sq mi
ZIP Area
93
Density / Sq Mi
$62,461
Median Household Income
$41,468
Median Earnings
$667
Median Rent
$157,800
Median Home Value

Market

Lease Benchmarks for Iron Mountain, MI

$18.82 /SF/Yr
Avg Asking Price
$14.4–$26 /SF/Yr
Price Range
603 SF
Avg Space Size

This space is priced 38% above the average of $18.82 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Lower-level suites provide individual offices alongside a lobby, kitchenette, restrooms, and conference room.
Where is this office units located?
The property is located at 333 S Stephenson Avenue Iron Mountain, MI.
What is the lease rate?
The lease rate is $325/Mo.
What are key features of this property?
This property features: Two separate 150 sq ft office units currently available; Lower‑level office suite with individual workrooms; Shared lobby, kitchenette, restrooms, and conference room
More about this property
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