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For Sale
$425,000

417 Washington Ave, Iron River, MI 49935

4,158 sq ft commercial/residential property with income potential.

Property Size6,237 SF
Lot Size0.18 Acres
Price / SF$68.14
Days on Market96

Property Features for 417 Washington Ave

General Information

Standard status Active
Property type Mixed-use properties, Medical Office Space, Duplexes, Multifamily properties
Size 6,237 SF
Total Parking Spaces 7
Lot size 0.18 Acres
Occupancy 66%
Investment Type Owner User

Building Details

Year Built 1996
Buildings 1
Stories 2
Units 3
Listed By: Ryan Gordon
Added: Jun 10

Property Analytics

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Current Use

Iron County Internal ... Medical Clinic Robert F. Han, ... Physician Megan Collins Physician Melanie Martin Pediatrician Clayton Shaker Physician

Suggested Use

Top Pick Dental Office Parking Lot & Garage HVAC Service Real Estate Agency Nail Salon Electrical Service

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

Location Intelligence

Trade Area within ½ mile

269
Businesses Nearby

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

Market

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?
Mixed-use property - 4,158 sq ft commercial/residential property with income potential.
Where is this mixed-use property located?
The property is located at 417 Washington Ave Iron River, MI.
What is the asking price?
The asking price for this property is $425,000.
More about this property
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