Flex Property with Workshop
For Sale
$339,000
5000 N Stephenson Avenue, Iron Mountain, MI 49801
Versatile commercial improvements combine work areas, retail space, offices, and on-site living quarters on a cleared commercial parcel.
Property Size8,852 SF
Lot Size2.00 Acres
Price / SF$38.30
Days on Market181
Property Features for 5000 N Stephenson Avenue
General Information
Standard status
Active
Size
8,852 SF
Lot size
2.00 Acres
Property subtype
Industrial
Additional Details
Warehouse Space
2,400 SF
Amenities
3
Tile, Concrete, Laminate
Metal, Asphalt, Shingle
460200
Building Details
Year Built
1961
Listing Agency:
LEEDS REAL ESTATE
(906) 282-4906
Listed By:
KELLY CHALLANCIN · License #6501420449
(906) 282-4906
Source:
Xome
Added: Feb 9
Changed: Aug 9
Last Checked: Aug 9 at 5:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LEEDS REAL ESTATE
Investment Insights
Based on property information with market context.
This flex property combines several functional areas within a broad commercial layout. Improvements include a 1,400+ sq ft workshop, a 2,400+ sq ft shop with overhead doors, renovated retail space, an upper-level open area, and living quarters with two bedrooms and one bathroom. The retail portion also includes a half bath, while the interior uses tile, concrete, and laminate finishes.
The property occupies 2 acres that have been cleared and professionally graded. Major site work includes excavation, retaining walls, landscaping, and new concrete work. Since 2023, the property has received new septic equipment, a well pressure tank, a water heater, and two forced NFA heating systems. Located in Iron Mountain near the Wisconsin border and local airport, the property supports a range of commercial configurations within a single site.
The property occupies 2 acres that have been cleared and professionally graded. Major site work includes excavation, retaining walls, landscaping, and new concrete work. Since 2023, the property has received new septic equipment, a well pressure tank, a water heater, and two forced NFA heating systems. Located in Iron Mountain near the Wisconsin border and local airport, the property supports a range of commercial configurations within a single site.
Key Highlights
- 2 acres with cleared, professionally graded site
- 2,400+ sq ft shop building with overhead doors
- 1,400+ sq ft workshop area
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
Under-served
Demand for This Use
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
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 - Versatile commercial improvements combine work areas, retail space, offices, and on-site living quarters on a cleared commercial parcel.
Where is this flex space located?
The property is located at 5000 N Stephenson Avenue Iron Mountain, MI.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: 2 acres with cleared, professionally graded site; 2,400+ sq ft shop building with overhead doors; 1,400+ sq ft workshop area
