About This Home

This 0-bedroom, 0-bathroom commercial at 3257 US2 Highway in Iron River, MI is listed for $274,500 ($14 per sqft). Built in 1957, the home offers 20,000 sqft of living space on a 4.89 acres lot.

Key Features

  • Built in 1957
  • 4.89 acre lot

Property Details

1957
Listing Description

HUGE PRICE REDUCTION! Investment opportunity! Prime US Hwy 2 frontage and exposure with a 4.89 +- acre lot. The building is currently being rented to 4 different organizations with room left over for additional renters. The building has a stage, library room w/loft, kitchen, gymnasium, business office with 3 separate rooms and walk-in safe, as well as 9 additional classrooms and small storage room.

New roof in 2018. Potential for additional income/renters. Zoning restrictions and deed restrictions may apply. All appointments must be scheduled with 24-hour advance notice and shown to Lender pre-qualified Buyers.

Monthly Cost Estimate

$1,468/mo

20% down · 6.5% · 30 years

Principal$199
Interest$1,190
Insurance$80

Estimates only. Actual payments may vary.

Location

3257 US2 Highway

Iron River, MI 49935

Plat of Rogers Location

Features & Amenities

Exterior Features

Fenced Yard

Property Details

Cooling

Wall/Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3257 US2 Highway is listed at $274,500 ($14/sqft). The estimated monthly payment is $1,468 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1957, 4.89 acre lot. Exterior Features: Fenced Yard.

This property is listed by PUNNER FRANZENE.

PF

PUNNER FRANZENE

Agent at U.P Riverland Realty

Listed by U.P Riverland Realty · Broker phone: (906) 265-9921 · Broker website

MLS# 50190675· Source: Upper Peninsula Association of Realtors· 386 days on PropertySimple

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.

3257 US2 Highway, Iron River, MI 49935

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