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Iron Mountain Retail Space Available
For Lease
$11,859/Mo

W8159 US2 Highway, Iron Mountain, MI 49801

COM/IND/BUS OPP, Iron Mountain, MI

Space SizeContact for details
Lot Size4.45 Acres
Days on Market1691

Property Features for W8159 US2 Highway

General Information

Property type Commercial Lease
Property subtype Other
Subdivision Breitung Twp (22002)
Standard status Active
Size 13,300 SF
Lot size 4.45 Acres

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 2008
Listing Agency: STEPHENS REAL ESTATE
Listed By: RYAN GORDON · License #6502420131
Added: Jan 3, 2022 Changed: Aug 19 Last Checked: Aug 21 at 2:06PM
MLS# 10070930

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 property offers 13,300 square feet of unfinished retail or commercial space, available for build-to-suit customization. Situated in a highly desirable location in Iron Mountain, MI, the property benefits from excellent visibility and proximity to other major retail stores. The lot size is 4.45 acres. The property is located on US2 Highway.

Key Highlights

  • 13,300 sq ft of unfinished retail/commercial space.
  • Build‑to‑suit opportunity.
  • Excellent visibility.

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type
$1.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby
142k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 40% Shops & Services 23% Home Improvements & Furnishings 14% Dining 10%
Walmart Superstores
57,268 visits/mo 0.1 miles
The Home Depot Home Improvements & Furnishings
19,613 visits/mo 0.2 miles
Culver's Dining
14,645 visits/mo 0.2 miles
Dollar Tree Shops & Services
14,139 visits/mo 0.2 miles
Aldi Groceries
12,266 visits/mo 0.3 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

Lease Benchmarks for Iron Mountain, MI

$13.2 /SF/Yr
Avg Asking Price
$10.7–$16.99 /SF/Yr
Price Range
20,096 SF
Avg Space Size

This space is priced 19% below the average of $13.2 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 13,300 SF unfinished retail space in Iron Mountain, MI.
Where is this retail space located?
The property is located at W8159 US2 Highway Iron Mountain, MI.
What is the lease rate?
The lease rate is $11,859/Mo.
What are key features of this property?
This property features: 13,300 sq ft of unfinished retail/commercial space.; Build‑to‑suit opportunity.; Excellent visibility.
More about this property
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