3257 US2 Highway Iron River, MI ^$ 298,500

3257 US2 Highway

^$ 298,500

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3257 US2 Highway

Iron River, MI, 49935

^$ 298,500

Bedrooms-- Baths-- Sq 20,000

Monthly Estimate*

^$ 1,862

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Commercial Property for sale in Iron River, MI

for $298,500. This 20,000 square foot building was built in 1957 on a lot size of 4.89.

Investment opportunity! Prime US Hwy 2 frontage and exposure with a 4.89 +- acre lot. The building is currently being rented to 4 different organizations with room left over for additional renters. The building has a stage, library room w/loft, kitchen, gymnasium, business office with 3 separate rooms and walk-in safe, as well as 9 additional classrooms and small storage room. New roof in 2018. Potential for additional income/renters. Zoning restrictions and deed restrictions may apply. All appointments must be scheduled with 24-hour advance notice and shown to Lender pre-qualified Buyers.

Commercial Active

Price

^$ 298,500

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

4.89

Year Built

1957

Town/City

Iron River

County/Region

Iron

MLS | Web ID

50190675

Features

General

Heating Boiler

Cooling Wall/Window A/C

Roof Rubber

Zoning Commercial/Industrial Commercial Residential

Water Public Water

Status Active Active

Year Built 1957

Parking 11-20 Spaces

Subdivision Plat of Rogers Location MI

County Iron

Township Bates Township

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Government Owned

Municipality Bates Twp

Section 20

Sale/Rent For Sale

Status Detail 0

Commercial Features Cable TV Available Cafe/Kitchen Internet Available Fence Reception Area Restroom(s) Sidewalks Sprinkler System

Area Bates Twp (36003)

Primary City Iron River

Location Corner Lot

Directions From stop and go light in the City of Iron River. Go East on US2 approximately 3.2 miles. Building on the Corner of US2 and Rogers Avenue.

City Iron River

Financial Terms Cash Conventional

Legal Description SEC 20 T43N R34W COM 33' W OF SE COR OF NE 1/4 OF SW 1/4 TH N 160' TH W 647' TH S 329' TH E 647' TH N 169' TO POB. (4.89 Acr)

DOM 64

Postal Code 49935

Price Per Sq Ft Total AG 14.93

Public Remarks

Exterior

Exterior Brick Concrete

Exterior Amenities Fenced Yard

Frontage 647

Lot Size Area 4.89

Lot Dimensions 647 x 329

Water Features None

Roads Class A U.S. Highway Year Round

Waterfront Y/N No

Interior

Ceiling Height 16-20 Feet Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

PUNNER FRANZENE

Listing Agent

U.P. Riverland Realty

Broker

punner@upriverland.com

Affordability Calculator

$1,862

Per Month

Monthly Principal & Interest: $1,862
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly 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.

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Nearby

Trends
Schools

Commerical listings in Iron River, MI

Average List Price ^$249,478

Percent of Sale Price 16%

About Iron River, MI

3,213 Population

-10% Since 2002

^$26,434 Median Income

46.94 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/7/2025	$298,500		Listed Price

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3257 US2 Highway, Iron River, MI, 49935 is a Commercial Property for sale at $298,500 with 20,000 sqft and a lot size of 4.89. 3257 US2 Highway was built in 1957. The property's zip code is 49935 which is in Iron River, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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3257 US2 Highway

Commercial Property for sale in Iron River, MI

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