928 Selden Road Iron River, MI $ 989,000
928 Selden Road
$ 989,000
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928 Selden Road

Iron River, MI, 49935
$ 989,000
Baths0.0 Sq 6,400

Monthly Estimate*

$ 6,908

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Studio

Commercial Property for sale in Iron River, MI

for $989,000. This 6,400 square foot building was built in 1994 on a lot size of 8.02.

Planning ahead for the future, this private business has served our community and beyond for over 47 years. Ideally, they would like to gradually phase out into retirement. Seller is willing to work for the new owner until such time if new owner would find this useful. What started off as a welding /fabricating business, has grown through the years adding retail inventory for welding supplies and various types of trailer parts from tongue to tail-lights and everything in between. The 6,400 sq. ft. steel structured building has in floor heat with 9 zones, LED lighting throughout the interior and exterior of the building. There is a designated spray painting area. 2 loft areas for more inventory and storage. A designated retail area with a private restroom and an office area. The building comes fully equipped with machinery, tools, inground and over head hoists, steel inventory/retail inventory/repeat client list and over 47 years of experience to get you established. Clean as a whistle, well constructed AND very well maintained, this building is very efficient and efficiently run. Situated on just over 8 acres, plenty of room for commercial storage units. The parking lot is asphalt and there is a designated gated fenced in area. Seller would consider selling the building separate from ALL of the inventory but possession would have to be out several months for the ability to liquidate machinery, equipment and inventory. This is a rare find, there is So much more!

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Commercial Active

Price

$ 989,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,142

Style

Commercial/Industrial

Lot Size

8.02

Year Built

1994

Town/City

Iron River

County/Region

Iron

MLS | Web ID

50075605

Features
General
Heating Hot Water Radiant
Cooling Ceiling Fan(s) Central A/C Exhaust Fan
Roof Metal Other-See Remarks
Exterior Features Fenced Yard Security Lighting
Zoning 201-General Business Commercial
Water Public Water
Status Active Active
Year Built 1994
Parking 21+ Spaces On Site Parking Lot
Subdivision N/A MI
Water Heater Electric
County Iron
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Type Weld/Fab/Retail supplies
Business Name Gaastra Welding and Supply
Percent Ownership Corporation
Municipality Iron River
Commercial Features 1 Phase Power 110 Volt Power 2 Phase Power 220 Volt Power 3 Phase Power 440 Volt Power Above Ground Fuel Tank Compressor Concrete Floor Crane Delivery Area Delivery Door Dock Door Docks Fence
Area Iron River (36010)
Primary City Iron River
Location Main Street
Directions From the only stop light in Iron River go South on 4th (which turns into Selden Road. Aka/ M189) about 1 mile on the Right (West side)
City Iron River
Street Name Selden
Financial Terms Cash Commercial Loan
Legal Description A parcel of land located in the NW ¼of the SE ¼of Section 35 T43N R35W BEGINNING at an existing concrete monument located on the N line of the NW ¼ of the SE¼
DOM 695
Postal Code 49935
Price Per Sq Ft 154.53
Coming Soon Planning ahead for the future this private business has served our community and beyond for over 47 years. Ideally
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Exterior
Exterior Steel Steel Frame
Frontage 243
Flood Plan None
Lot Size Area 8.02
Lot Dimensions 243x567x826xirreg
Well/Septic Inspection Done No
Water Features None
Roads Class A Paved Street State
Waterfront Y/N No
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Interior
Ceiling Height 16-20 Feet
Fuel Type Oil Wood
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* Excluded Features
List By
PUNNER FRANZENE

Listing Agent

U.P. Riverland Realty

Broker

punner@upriverland.com

Email

Affordability Calculator

$7,420
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,908
Monthly Property Taxes
$512
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/30/2023$989,000 Listed Price

Map


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928 Selden Road, Iron River, MI, 49935 is a Commercial Property for sale at $989,000 with 6,400 sqft and a lot size of 8.02. 928 Selden Road is a studio with 0.0 baths and was built in 1994. The property's zip code is 49935 which is in Iron River, MI