212 E Margaret St Iron Mountain, MI 49801

Property Details for 212 E Margaret St

Year built

1936

Lot size

0.05 lot acres

Property size

1,320 SF

Zone code

B-2

Property type

Commercial real estate

APN

051-101-065-00

APU

5110106500

Description

This well-maintained Class A executive office building, located at 212 E. Margaret St. in Iron Mountain, Michigan, is available for $164,900. The 1,320 square foot building sits on a 0.05-acre lot and boasts a prime location on US 2, directly across from A&W, offering convenient access. Built in 1940 and renovated in 2000, this two-story building features a full basement and ample parking (10 spaces) both in front and in the rear. The main level includes a large conference room, a half bath, and a spacious reception area with a waiting room. The upper level provides three generously sized private offices and another half bath. The property is zoned for commercial use (Comm) and is currently vacant, offering immediate occupancy. The price per square foot is $124.92, with a land value of $75.71 per square foot. This owner-user investment opportunity presents a unique chance to acquire a well-established property in a desirable location. The property is a single unit within a single building and has a Dickinson County APN of 051101065000. The ownership structure is an LLC.