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Jenn Smart

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5000 N Stephenson , Iron Mountain, MI 49801
$339,000
Est. Payment: $1,766.58/mo
0 Bed
0 Bath
8852 Sqft
Status: pending | Days on site: 172
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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, or light industrial use • Renovated 2,700+ sq ft potential retail space, ready for a wide variety of uses • ½ 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 entire 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. New owner could have 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!

Highlights

Listed by KELLY CHALLANCIN , 906-282-4906 LEEDS REAL ESTATE , 906-779-5333. MiRealSource, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
2.11

Year Built

1961

County

Dickinson

Area

Iron Mountain (22007)

Listing ID

50199437

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:8852
Water:Private Well

Exterior Features

Lot Dimensions:460x200
Zoning:Commercial
Roof:Asphalt,Metal,Shingles
Sewer:Septic
Parking Features:11-20 Spaces,Parking Lot
Principal Interest
$1,767
Taxes
$1,258

Home Price

$339,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$67,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,766.58

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,766.58 $1,257.79 $0.00 $3,024.36
Yearly $21,198.91 $15,093.45 $0.00 $36,292.36
Total $635,967.41 $452,803.50 $0.00 $1,088,770.91
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Iron Mountain, MI).

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Data last updated: 2026-09-02T04:57:55.100Z

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