2202 Aragon St Iron Mountain, MI 49801-1430

Property Details for 2202 Aragon St

Year built

1966

Lot size

3.20 lot acres

Property size

15,556 SF

Property type

Commercial real estate

APN

051-000-007-10

APU

5100000710

Description

This exceptional investment opportunity presents a 12,000-square-foot flex space ideally situated in Iron Mountain, Michigan. The property, located at 2202 Aragon St, encompasses three buildings on a 3.2-acre fully fenced lot (APN: 05100000710). The main building boasts over 12,000 square feet of versatile space, featuring radiant heat, ceiling fans, 3-phase power, dedicated office space, restrooms, and ample storage. Access is provided by one 8-foot overhead garage door leading to a semi-container storage area and six 10-foot overhead doors with automatic openers. A separate meeting space is also included within the main building. Complementing the main structure are a detached 28x40 garage with a 12-foot overhead door and a 20x60 two-story outbuilding, offering significant additional space and potential uses. The property offers 25 parking spaces and features a 20-foot ceiling height. Built in 1997 and renovated in 2020, this single-tenant property is zoned for industrial use and is available for immediate occupancy on July 31, 2024. The asking price is $699,000 ($58.25/sq ft), with a land value of $5.01/sq ft. The property is comprised of three units, with a price per unit of $233,000. This multi-building, multi-use property presents a unique opportunity for business expansion or investment in a prime industrial park location.