Remodeled Downtown Retail
For Lease
$1,200/Mo
333 S Stephenson Avenue, Iron Mountain, MI 49801
COM/IND/BUS OPP, Iron Mountain, MI
Space Size1,000 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
1,000 SF
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
ADA accessible
utilities included
Building Details
Year built
1950
Listing Agency:
STEPHENS REAL ESTATE
(906) 774-8570
Listed By:
RYAN GORDON · License #6502420131
(906) 282-1644
Added: Nov 24, 2025
Changed: Aug 19
Last Checked: Aug 28 at 5:06AM
MLS# 50194942
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.
Remodeled lower-level retail space comprising 1,000 square feet in a building constructed in 1950. The unit can accommodate retail, medical, professional office, or creative-space uses, with forced-air heating and central air conditioning. Utilities are included, and public water serves the property.
The space occupies a corner lot in downtown Iron Mountain at 333 S Stephenson Avenue. Area attractions, coffee shops, eateries, and downtown events are within walking distance. ADA access is provided through a stair chair, offering an accessibility feature for occupants and visitors.
The space occupies a corner lot in downtown Iron Mountain at 333 S Stephenson Avenue. Area attractions, coffee shops, eateries, and downtown events are within walking distance. ADA access is provided through a stair chair, offering an accessibility feature for occupants and visitors.
Key Highlights
- Remodeled 1,000‑square‑foot lower‑level unit
- Retail, medical, professional office, and creative‑space use potential
- ADA access provided via stair chair
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.16 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
759
Businesses Nearby
Explore this area
Business Placement
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
$13.85 /SF/Yr
Avg Asking Price
$10.7–$16.99 /SF/Yr
Price Range
17,693 SF
Avg Space Size
This space is priced 4% above the average of $13.85 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Lower-level commercial suite with included utilities and ADA access via stair chair.
Where is this retail space located?
The property is located at 333 S Stephenson Avenue Iron Mountain, MI.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: Remodeled 1,000‑square‑foot lower‑level unit; Retail, medical, professional office, and creative‑space use potential; ADA access provided via stair chair
