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Flex Space with Pole Building
For Sale
$149,900

N106 US 41 Highway, Stephenson, MI 49887

COM/IND/BUS OPP, Stephenson, MI

Property Size650 SF
Lot Size0.87 Acres
Price / SF$230.62
Days on Market77

Property Features for N106 US 41 Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial,Residential
Zoning description Commercial, Residential
Lot features Main Street, Cleared
Subdivision Stephenson (55025)
Standard status Active
Size 650 SF
Lot size 0.87 Acres

Utilities

Water source Public

Building Details

Year built 1940
Roof type Asphalt, Metal
Listing Agency: STATE WIDE REAL ESTATE OF ESCANABA
Listed By: MIKE HARRIS · License #205616
Added: Jun 18 Changed: Aug 19 Last Checked: Sep 2 at 12:06AM
MLS# 50211843

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.

This flex property includes a primary building with an open interior, partial basement, and connected city water and sewer. The structure does not currently have a furnace. A separate 35' x 40' pole building adds workshop, storage, inventory, and hobby capacity, with a 10-foot overhead door and a concrete floor installed less than two years ago. Shelving and retail display furniture in the pole building are included.

The property encompasses approximately 0.87 acres with 194 feet of frontage along US-41 in Stephenson. A circular drive serves the main building, while a second driveway reaches the pole building. Zoning is identified as Commercial,Residential, and the property includes asphalt and metal roofing. The site is vacant and available for showing.

Key Highlights

  • Approximately 0.87 acres with 194 feet of frontage on US‑41
  • 35' x 40' pole building with a 10‑foot overhead door
  • Public water and sewer connected to the primary building

Property Analytics

Current Use

Flex space

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

120
Businesses Nearby

Demographics for 49887, MI

2,353
Population
1,727
Households
1.4
Avg Household Size
51
Median Age
21%
College-Educated
94%
High-School Grad
205.9 sq mi
ZIP Area
11
Density / Sq Mi
$54,821
Median Household Income
$34,833
Median Earnings
$691
Median Rent
$150,200
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial property with dual buildings, public water and sewer, and separate driveways serving business or storage functions.
Where is this flex space located?
The property is located at N106 US 41 Highway Stephenson, MI.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Approximately 0.87 acres with 194 feet of frontage on US‑41; 35' x 40' pole building with a 10‑foot overhead door; Public water and sewer connected to the primary building
More about this property
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