311 S Stephenson Avenue Iron Mountain, MI $ 294,500
311 S Stephenson Avenue
$ 294,500
Share Save

311 S Stephenson Avenue

Iron Mountain, MI, 49801
$ 294,500
Bedrooms-- Baths-- Sq 4,800

Monthly Estimate*

$ 1,837

311 S Stephenson Avenue, Iron Mountain, MI 49801 - Image 1
311 S Stephenson Avenue, Iron Mountain, MI 49801 - Image 2
311 S Stephenson Avenue, Iron Mountain, MI 49801 - Image 3
311 S Stephenson Avenue, Iron Mountain, MI 49801 - Image 4
311 S Stephenson Avenue, Iron Mountain, MI 49801 - Image 5
311 S Stephenson Avenue, Iron Mountain, MI 49801 - Image 6
311 S Stephenson Avenue, Iron Mountain, MI 49801 - Image 7
311 S Stephenson Avenue, Iron Mountain, MI 49801 - Image 8

Commercial Property for sale in Iron Mountain, MI

for $294,500. This 4,800 square foot building was built in 1850 on a lot size of 0.08.

Presenting a remarkable commercial property located in the desirable Historical Iron Mountain Downtown. The seller has meticulously restored the facade and installed large front windows, making it perfect for retail businesses. The main floor features an open concept design with vaulted ceilings, exposed brick interiors, and beautifully maintained arched window frames that capture the charm of a bygone era. This solid structure includes a full basement and two upstairs apartments, providing additional income potential. One apartment offers a spacious 2-bedroom, 1-bath layout, while the other is a large studio apartment filled with character and charm. The entire property benefits from all-new windows, ensuring energy efficiency and modern comfort. An upper deck adds to the appeal, offering a private outdoor space. This property is a must-see for anyone looking to establish a new business in a prime location while enjoying the convenience of living on the second floor. With so many great possibilities and potential, this unique property is an exceptional opportunity in the heart of Iron Mountain.

See more

Commercial Active

Price

$ 294,500

Property Type

Commercial

Taxes

$ 3,285

Style

Commercial/Industrial

Lot Size

0.08

Year Built

1850

Town/City

Iron Mountain

County/Region

Dickinson

MLS | Web ID

50147221

Features
General
Heating Forced Air
Cooling Central A/C
Water Public Water
Status Active Active
Year Built 1850
Parking On Site
County Dickinson
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Iron Mountain
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Commercial Features Display Window Electric Available Fixtures Restroom(s) Sidewalks
Area Iron Mountain (22007)
Primary City Iron Mountain
Directions From Carpenter head E on H St to S Stephenson turn left onto S Stephenson continue down almost to Ludington building on R side of street.
City Iron Mountain
Financial Terms Cash Conventional
Legal Description Lot 7 Block 11 Plat of Iron Mountain City
DOM 523
Postal Code 49801
Price Per Sq Ft Total AG 61.35
Public Remarks Presenting a remarkable commercial property located in the desirable Historical Iron Mountain Downtown. The seller has meticulously restored the facade and installed large front windows
See more
Exterior
Exterior Block Brick Other
Frontage 30
Body of Water none
Lot Size Area 0.08
Lot Dimensions 30 x 118
Water Features None
Roads City/County
Waterfront Y/N No
See more
Interior
Fuel Type Natural Gas
See more
* Excluded Features
List By
KIMBERLY WEBB

Listing Agent

Leeds Real Estate

Broker

kim@leedsrealestate.net

Email

Affordability Calculator

$2,111
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,837
Monthly Property Taxes
$274
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/20/2025$294,500 -1.80% Price Down
6/30/2025$299,900 Listed Price

Map


See all

311 S Stephenson Avenue, Iron Mountain, MI, 49801 is a Commercial Property for sale at $294,500 with 4,800 sqft and a lot size of 0.08. 311 S Stephenson Avenue was built in 1850. The property's zip code is 49801 which is in Iron Mountain, MI