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Drive-Through Restaurant
New
For Sale
$249,900

406 E Grand Boulevard, Iron Mountain, MI 49801

COM/IND/BUS OPP, Iron Mountain, MI

Property Size588 SF
Lot Size0.28 Acres
Price / SF$425
Days on Market5

Property Features for 406 E Grand Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Patio and Porch features Patio
Exterior features Deck/Patio
Lot features Main Street
Subdivision Iron Mountain (22007)
Standard status Active
Size 588 SF
Lot size 0.28 Acres

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

Public Restrooms

Building Details

Year built 2020
Listing Agency: STEPHENS REAL ESTATE
Listed By: RYAN GORDON
Added: Oct 19 Changed: Oct 20 Last Checked: Oct 23 at 9:06PM
MLS# 50225427

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.

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Investment Insights

Based on property information with market context.

This 588-square-foot restaurant property, built in 2020, sits on a 0.28-acre parcel. The building has a drive-through, public restrooms and basement storage, with a patio outside. The property has central air, forced-air heating and public water. It has been described as a frozen yogurt shop and restaurant, with a layout suited to food service.

Key Highlights

  • Drive‑through access and highway frontage
  • 588‑square‑foot building on a 0.28‑acre parcel
  • Built in 2020

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Bakery Furniture & Home Goods

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

187
Businesses Nearby
43k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 93% Hotels & Casinos 5% Dining 2%
Kwik Trip Shops & Services
33,563 visits/mo 0.2 miles
Dollar General Shops & Services
5,925 visits/mo 0.3 miles
Comfort Inn Hotels & Casinos
1,119 visits/mo 0.2 miles
A&W Restaurant Dining
890 visits/mo 0.4 miles
U-Haul Shops & Services
833 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Drive through restaurant - The 2020-built food-service property includes public restrooms and basement storage.
Where is this drive through restaurant located?
The property is located at 406 E Grand Boulevard Iron Mountain, 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: Drive‑through access and highway frontage; 588‑square‑foot building on a 0.28‑acre parcel; Built in 2020
More about this property
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