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$425,000
0
Beds
0
Baths
8,852
Sqft
5000 N Stephenson, Iron Mountain, Michigan, 49801
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MLS# 50182816
Incredible 9,000+ Sq Ft Commercial Property on 2 Acres -
$425,000
5000 N Stephenson, Iron Mountain, Michigan, 49801
0
Beds
0
Baths
8,852
Sqft
2.110
Acres
$425,000
5000 N Stephenson, Iron Mountain, Michigan, 49801
0 Beds
0 Baths
8,852 Sqft
2.110 Acres
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: o 2-bedroom, 1-bath living quarters (could also serve as office space or a conference room/break room) o 1,400+ sq ft workshop area o 2,400+ sq ft shop building with overhead doors - ideal for storage, automotive, or light industrial use o Renovated 2,700+ sq ft potential retail space, ready for a wide variety of uses o 1/2 bath in retail space o Upper-level open area, a blank canvas for expansion or additional office space o Newer forced NFA heating systems (two total) o 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. 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!
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Accessibility Features
Accessible Elevator Installed
Property Details
0 Beds
0 Baths
8,852 Sqft
Built 1961
2.110 Acres
No Patio
Parking Lot
Forced Air
Siding : Brick
Asphalt, Metal, Shingle Roof
$15,093 Property Tax
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Location
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About Iron Mountain
Ad Statistics
Ad Number
7044583
Viewed
3 times
Added
Nov 20, 2025
Updated on
Nov 20, 2025
Listing Information
Data Source
Upper Peninsula Association of Realtors
Source Property ID
50182816
Disclaimer
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Compliance
Listing Agent: KELLY CHALLANCIN, Leeds Real Estate, 906-282-4906, 906-779-5333
Listing Site, Listing Status: Active
Copyright © 2025 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.
Copyright © 2025 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.
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