Downtown Flex and Warehouse
For Sale
$255,000
433 Stephenson Ave, Escanaba, MI 49829
COMMERCIAL - Escanaba, MI
Property Size49,728 SF
Lot Size1.50 Acres
Price / SF$5.10
Days on Market665
Property Features for 433 Stephenson Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial,Industrial
Zoning description
Commercial, Industrial
Exterior features
Fence Owned
Fencing
Fenced
Lot features
Residential Area, Industrial
Subdivision
Escanaba (21010)
Standard status
Active
Size
50,000 SF
Lot size
1.50 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
6140
Utilities
Heating system
Radiant
Water source
Public
Amenities
loading docks
retail store front
3 phase power
industrial air compressor
Building Details
Year built
1908
Roof type
Rubber
Listing Agency:
NORTHERN MICHIGAN LAND BROKERS - ESCANABA
(906) 225-5263
Listed By:
TIM GEORGE · License #UPAR
(906) 420-9922
Added: Oct 25, 2024
Changed: Aug 4
Last Checked: Aug 20 at 11:06PM
MLS# 50159399
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.
For sale is a multi-use commercial and industrial building totaling 49,728 square feet on 1.5 acres, with frontage on three streets in downtown Escanaba. The structure is block and brick as well as pre-engineered steel, with an original portion built in 1908 and later additions completed at different times.
The property includes radiant space heat throughout, a sprinkler system, and loading docks sized for two 53-foot semi-trailers. There is a retail storefront area and several office areas, which may be rented and/or the building may be subdivided for more than one rental and/or use. Additional features include 3-phase power and a large industrial air compressor.
Zoning is listed as Commercial, Industrial. Sellers are offering the option to lease part or all of the building as an alternative to sale.
The property includes radiant space heat throughout, a sprinkler system, and loading docks sized for two 53-foot semi-trailers. There is a retail storefront area and several office areas, which may be rented and/or the building may be subdivided for more than one rental and/or use. Additional features include 3-phase power and a large industrial air compressor.
Zoning is listed as Commercial, Industrial. Sellers are offering the option to lease part or all of the building as an alternative to sale.
Key Highlights
- 49,728 sq ft commercial space on 1.5 acres in downtown Escanaba.
- Sub‑dividable building suitable for multiple rentals and/or uses.
- Loading docks accommodate two 53‑foot semi‑trailers.
Property Analytics
Property Profile
Current Use
Lease Details
2
Dock-high doors
Yes
Sprinkler system
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
772
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49829, MI
17,009
Population
8,729
Households
1.9
Avg Household Size
45
Median Age
19%
College-Educated
90%
High-School Grad
66.8 sq mi
ZIP Area
255
Density / Sq Mi
$45,808
Median Household Income
$31,366
Median Earnings
$667
Median Rent
$139,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Block, brick, and pre-engineered steel building with radiant heat, sprinklers, and docks for two 53-foot trailers.
Where is this flex space located?
The property is located at 433 Stephenson Ave Escanaba, MI.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 49,728 sq ft commercial space on 1.5 acres in downtown Escanaba.; Sub‑dividable building suitable for multiple rentals and/or uses.; Loading docks accommodate two 53‑foot semi‑trailers.
