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About This Home
This 0-bedroom, 0-bathroom commercial at 5000 N Stephenson Avenue in Iron Mountain, MI is listed for $365,000 ($41 per sqft). Built in 1961, the home offers 8,852 sqft of living space on a 2.11 acres lot.
Incredible 9,000+ Sq Ft Commercial Property on 2 Acres - Versatile Space with Living Quarters & High Visibility Potential. Opportunity knocks with this expansive and versatile commercial property offering over 9,000 sq ft of functional space on a fully cleared and professionally graded 2-acre lot.
Whether you're looking to expand an existing business or start a new venture, this property is ready to deliver. Key features include: - 2-bedroom, 1-bath living quarters (could also serve as office space or a conference room/break room) - 1,400+ sq ft workshop area - 2,400+ sq ft shop building with overhead doors - ideal for storage, automotive, o
r light industrial use - Renovated 2,700+ sq ft potential retail space, ready for a wide variety of uses - 1/2 bath in retail space - Upper-level open area, a blank canvas for expansion or additional office space - Newer forced NFA heating systems (two total) - New septic, well pressure tank, water heater, and concrete work - all since 2023 The ent
ire property has been thoughtfully improved with major excavation, new retaining walls, and professional landscaping. While most rocks and some topsoil/gravel will be removed before closing, these sales demonstrate the land's added value. The workshop and 2,400 sq ft shop building are currently leased, with terms negotiable-offering flexibility and immediate income potential.
Located just minutes from the WI border and the local airport, this is a prime spot for logistics, retail, light manufacturing, or mixed-use development. Could this be your next business adventure? Schedule a private showing and explore the endless possibilities!
Key Features
- Built in 1961
- 2.11 acre lot
Property Details
Monthly Cost Estimate
$1,952/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5000 N Stephenson Avenue
Iron Mountain, MI 49801
Property Details
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 5000 N Stephenson Avenue is listed at $365,000 ($41/sqft). The estimated monthly payment is $1,582 based on 20% down at 6.5% interest.
Key features include: Built in 1961, 2.11 acre lot.
This property is listed by KELLY CHALLANCIN and can be reached at 9062824906 or kelly@leedsrealestate.net.





