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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# 50199437
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
Accessibility Features
Accessible Elevator Installed
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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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
Dickinson County
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Location
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Ad Statistics
Ad Number
7271349
Viewed
1 time
Added
Feb 13, 2026
Updated on
Feb 13, 2026
Listing Information
Data Source
Upper Peninsula Association of Realtors
Source Property ID
50199437
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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