1665 S Stephenson Avenue Iron Mountain, MI ^$ 935,000

1665 S Stephenson Avenue

^$ 935,000

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Recently Listed

1665 S Stephenson Avenue

Iron Mountain, MI, 49801

^$ 935,000

Bedrooms-- Baths-- Sq 2,400

Monthly Estimate*

^$ 6,458

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Commercial Property for sale in Iron Mountain, MI

for $935,000. This 2,400 square foot building was built in 2005 on a lot size of 0.86.

Well-established, turnkey business opportunity in fast-growing Iron Mountain, featuring excellent highway frontage and nearly an acre of visibility with a large parking lot. The main location offers more than 2,400 sq. ft. of retail/restaurant space, including two large offices and over 800 sq. ft. of dining area. The spacious kitchen is equipped with a walk-in cooler, walk-in freezer, stainless-steel sinks, and prep stations. Additional features include 12-foot ceilings, two bathrooms, ceramic tile flooring, a full crawl space, central air, supplies and a well-maintained interior. The opportunity also includes a Norway location with highway frontage in a lease spaceâoffering the chance to acquire two locations in one package. Details available through the listing office.

Commercial Active

Price

^$ 935,000

Property Type

Commercial

Taxes

^$ 11,232

Style

Business

Lot Size

0.86

Year Built

2005

Town/City

Iron Mountain

County/Region

Dickinson

MLS | Web ID

50226687

Features

General

Heating Forced Air

Cooling Central A/C

Zoning Commercial Commercial

Water Public Water

Status Active Active

Year Built 2005

Parking 11-20 Spaces

Water Heater Electric

County Dickinson

Class COM/IND/BUS OPP

Type Business

Business Type Food Service

Business Name Subway

Ownership Private

Municipality Iron Mountain

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Commercial Features Sidewalks

Area Iron Mountain (22007)

Primary City Iron Mountain

Location Main Street

Directions On Hwy US2/Stephenson Ave. Next to Verizon. Across from 7 Brew.

City Iron Mountain

Financial Terms Cash Commercial Loan Conventional

Legal Description See attached in associated docs lengthy.

DOM 4

Postal Code 49801

Price Per Sq Ft Total AG 389.58

Public Remarks Well-established turnkey business opportunity in fast-growing Iron Mountain

Exterior

Exterior Vinyl Siding Vinyl Trim

Exterior Amenities Wheelchair Access

Frontage 189

Flood Plan Unknown

Lot Size Area 0.86

Lot Dimensions 189xirreg

Water Features None

Roads City/County Curbed

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

KIMBERLY WEBB

Listing Agent

Leeds Real Estate

Broker

kim@leedsrealestate.net

Affordability Calculator

$7,394

Per Month

Monthly Principal & Interest: $6,458
Monthly Property Taxes: $936
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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 Mountain, MI

Average List Price ^$549,127

Percent of Sale Price 41%

About Iron Mountain, MI

7,748 Population

-7% Since 2002

^$38,782 Median Income

43.87 Median Age

24% 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
11/3/2026	$935,000		Listed Price

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1665 S Stephenson Avenue, Iron Mountain, MI, 49801 is a Commercial Property for sale at $935,000 with 2,400 sqft and a lot size of 0.86. 1665 S Stephenson Avenue was built in 2005. The property's zip code is 49801 which is in Iron Mountain, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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1665 S Stephenson Avenue

Commercial Property for sale in Iron Mountain, MI

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