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    Iron Mountain, MI Mixed-use Properties for Sale

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    Florence, WI Niagara, WI Quinnesec, MI
    Versatile Commercial Property on 2 Acres
    $425,000
    8,852 SF

    Versatile Commercial Property on 2 Acres

    5000 N Stephenson Avenue, Iron Mountain, MI 49801

    Expansive commercial property with living quarters and high visibility.

    • Over 9,000 sq ft of versatile commercial space on 2 acres.
    • Includes 2‑bedroom living quarters (convertible to office/conference space).
    • Features a 2,400+ sq ft shop building with overhead doors and a 1,400+ sq ft workshop area.
    • Renovated 2,700+ sq ft retail space ready for various uses.
    • Newer heating systems, septic, well pressure tank, and water heater (all since 2023).
    Updated: Feb 13
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    Multi-Family Investment Opportunity
    $212,800
    1,050 SF

    Multi-Family Investment Opportunity

    831 S Stephenson Avenue, Iron Mountain, MI 49801

    Two homes with income potential in Iron Mountain, Michigan.

    • Two separate homes (827 & 831 S Stephenson Ave) on separate parcels, sold together.
    • Multiple income‑producing units offering exceptional income potential.
    • Each property features upper and lower 1 bed, 1 bath units.
    • Flexible options for investors or owner‑occupants.
    • Lower unit at 831 is currently used as a business space, offering mixed‑use potential.
    Updated: May 18
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    Multi-Family Investment Opportunity
    $212,800
    1,092 SF

    Multi-Family Investment Opportunity

    Two homes with income potential in Iron Mountain, Michigan.

    827 S Stephenson Avenue, Iron Mountain, MI 49801
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    Mixed-Use Property in Downtown Core
    $179,900
    4,141 SF

    Mixed-Use Property in Downtown Core

    Commercial and residential spaces in a vibrant downtown location.

    305 S Stephenson Avenue, Iron Mountain, MI 49801
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Iron Mountain, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Escanaba Commercial Corner Property
    $700,000
    11,000 SF

    Escanaba Commercial Corner Property

    Mixed-use property with restaurant and auto shop in Escanaba.

    1636 Ludington Street, Escanaba, MI 49829
    View details
    Escanaba Corner Property with Restaurant
    $700,000

    Escanaba Corner Property with Restaurant

    Mixed-use property featuring a restaurant and auto shop.

    1636 Ludington, Escanaba, MI 49829
    View details
    Country Village Office/Studio Investment
    $650,000
    6,336 SF

    Country Village Office/Studio Investment

    Well-maintained, fully rented office/studio space in Ishpeming.

    1000 Country Ln, Ishpeming, MI 49849
    View details
    Downtown Ishpeming Mixed-Use Investment
    $499,900
    9,486 SF

    Downtown Ishpeming Mixed-Use Investment

    Commercial/residential building with storefronts and apartments in downtown Ishpeming.

    200 E Division St, Ishpeming, MI 49849
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land on Highway
    Contact for pricing
    1.50 Acres

    Residential Land on Highway

    1.5 acre residential land parcel with highway frontage.

    US 2 Highway, Norway, MI 49870
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    Vulcan, MI Vacant Land
    $189,000
    27.28 Acres

    Vulcan, MI Vacant Land

    27+ acre homesite with fertile soil and open views.

    Pine Creek Roads, Vulcan, MI 49892
    View details
    Partially Wooded Lot with Utilities
    $35,900
    2.59 Acres

    Partially Wooded Lot with Utilities

    2.59 acre lot with septic and electric near recreation.

    N12425 M95 Highway, Channing, MI 49815
    View details
    Negaunee Land with Teal Lake Views
    $53,000
    1.45 Acres

    Negaunee Land with Teal Lake Views

    1.45 acre lot with incredible Teal Lake views.

    260 Water Street, Negaunee, MI 49866
    View details

    Iron Mountain, MI Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 4 mixed-use properties for sale in Iron Mountain, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 15,135 square feet of properties for sale, with an estimated market value of $1,030,500.

    Sale prices for multi use buildings in Iron Mountain, MI start at $179,900, averaging $257,625, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 18K
    Population Growth (5Y) -12.5%
    Median Household Income $62,329
    College Educated 29.1%

    High-Yield Neighborhoods for Strategic Investment

    Identify Iron Mountain submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49801 $302.5K

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