708 Stephenson Ave, Iron Mountain, MI 49801

This 289-square-foot storefront at 708 N. Stephenson Ave. in Iron Mountain, MI, is offered for sale at $79,000. Located on US Hwy 2, this single-unit, Class B retail property boasts excellent street frontage and easy access. Built in 1965, the building sits on a 0.14-acre lot and features ample parking (15 spaces). While the exterior requires some attention, the interior is clean and ready for immediate occupancy. The space includes plenty of display area, large windows, a small bathroom, and a space heater. Previously used as a used car lot, the property benefits from its high visibility and convenient location. The property is 100% occupied as of November 4, 2024. Zoned for commercial use, this owner-user investment opportunity presents a strong value proposition at $12.95 per square foot of land value. The property's Air Rights are 289 sq ft. The APN is 05110112100.