About This Home

This 0-bedroom, 0-bathroom commercial at 417 Washington Avenue in Iron River, MI is listed for $379,000 ($61 per sqft). Built in 1996, the home offers 6,237 sqft of living space on a 0.18 acres lot.

Key Features

  • Built in 1996
  • 0.18 acre lot

Property Details

1996

Amenities

A/C
Listing Description

PRIME MIXED-USE OPPORTUNITY - COMMERCIAL & RESIDENTIAL IN ONE! This quality-built 4,158 sq ft commercial/residential property offers exceptional versatility and investment potential. The barrier-free main level is thoughtfully designed to accommodate a wide range of business uses.

It features a welcoming reception area, comfortable waiting room, 3 patient examining rooms, private offices, a dedicated computer/IT and storage room, and 2 restrooms - ideal for medical, professional, or service-based operations. The upper level includes 2 well-appointed apartments, each equipped with appliances, providing excellent rental income or owner occupancy options.

One apartment is a 2 bedroom, 1 bath and the other is a 1 bedroom, 1 bath and boasts an upper deck, perfect for relaxation. A full poured basement offers 2,079 sq ft of abundant storage space, complementing the already generous storage throughout both levels.

The property includes an on-site parking lot for added convenience for tenants, clients and customers. Whether you're an investor or business owner seeking a live/work opportunity, this property combines functionality, comfort, and income potential in one outstanding package.

Monthly Cost Estimate

$2,027/mo

20% down · 6.5% · 30 years

Principal$274
Interest$1,642
Insurance$111

Estimates only. Actual payments may vary.

Location

417 Washington Avenue

Iron River, MI 49935

Features & Amenities

Exterior Features

Deck/PatioWheelchair Access

Property Details

Outdoor Features

Patio

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 417 Washington Avenue is listed at $379,000 ($61/sqft). The estimated monthly payment is $2,027 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1996, 0.18 acre lot. Exterior Features: Deck/Patio, Wheelchair Access.

This property is listed by STEPHEN REMONDINI.

SR

STEPHEN REMONDINI

Agent at Stephens Real Estate

Listed by Stephens Real Estate · Broker phone: (906) 774-8570 · Broker website

MLS# 50206454· Source: Upper Peninsula Association of Realtors· 180 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.

417 Washington Avenue, Iron River, MI 49935

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