Restaurant with Fenced
New
For Sale
$1,200,000
8177 South Stephenson Avenue Iron, Iron Mountain, MI 49801
A basement and storage shed provide additional space alongside the dining area.
Property Size2,700 SF
Lot Size1.10 Acres
Price / SF$444.44
Days on Market2
Property Features for 8177 South Stephenson Avenue Iron
General Information
Standard status
Active
Size
2,700 SF
Lot size
1.10 Acres
Property subtype
Restaurant
Additional Details
Business Included
Yes
Patio
Yes
Amenities
shed
basement
Listing Agency:
Stephens Real Estate
Listed By:
Ryan Gordon · License #6502420131
(906) 774-8570
Source:
Thebrokerlist
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 1:57AM
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 Stephens Real Estate
Investment Insights
Based on property information with market context.
Storheim's Family Restaurant occupies a 2,700-square-foot building on 1.1 acres at 8177 South Stephenson Avenue in Iron Mountain. The restaurant opened in 1996 and serves Swedish dishes and homemade pizza. A fenced patio adds outdoor seating, while the basement and a separate shed provide storage space.
Key Highlights
- 2,700‑square‑foot restaurant on 1.1 acres
- Fenced patio provides outdoor dining space
- Basement and separate shed offer storage
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 33%
SUBWAY
Dining
2,063 visits/mo
0.1 miles
Riverside (Chrysler - Dodge - Jeep - Ram)
Shops & Services
726 visits/mo
0.3 miles
Safelite AutoGlass
Shops & Services
284 visits/mo
0.2 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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - A basement and storage shed provide additional space alongside the dining area.
Where is this conventional restaurant located?
The property is located at 8177 South Stephenson Avenue Iron Iron Mountain, MI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2,700‑square‑foot restaurant on 1.1 acres; Fenced patio provides outdoor dining space; Basement and separate shed offer storage
