801 W Adams Street Iron River, MI $ 199,000
801 W Adams Street
$ 199,000
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801 W Adams Street

Iron River, MI, 49935
$ 199,000
Baths0.0 Sq 7,407

Monthly Estimate*

$ 1,323

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Studio

Commercial Property for sale in Iron River, MI

for $199,000. This 7,407 square foot building was built in 1948 on a lot size of 0.37.

Welcome to a fantastic investment opportunity located in the heart of Iron River, Michigan. This one-story commercial building offers unparalleled visibility and convenience right on the main US2 highway. With its strategic location, generous square footage, and versatile features, this property is a must-see for savvy investors and business owners. Boasting an impressive 7,400 square feet of functional space, this building provides ample room to bring your business vision to life. The interior layout is designed for flexibility, allowing for various business uses. The large storage area at the back of the building comes complete with a convenient garage door for easy loading and unloading of supplies. Take advantage of the opportunity to rent out office spaces within the building, providing an additional stream of income to supplement your investment. A spacious parking lot provides hassle-free parking for both customers and staff. Don't miss out on the chance to secure this property.

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Commercial Active

Price

$ 199,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,354

Style

Commercial/Industrial

Lot Size

0.37

Year Built

1948

Town/City

Iron River

County/Region

Iron

MLS | Web ID

50111198

Features
General
Cooling Central A/C
Roof Flat
Water Public Water
Status Active Keep Showing-Contgcy Appl
Year Built 1948
Parking 6-10 Spaces On Site
Water Heater Electric
County Iron
Class COM/IND/BUS OPP
Type Commercial/Industrial
Percent Ownership Private
Municipality Iron River
Zoning Commercial
Subdivision MI
Flood Insurance Not Required
Commercial Features Cable TV Available Concrete Floor Internet Available Loading Dock(s) Overhead Doors Private Restrooms
Area Iron River (36010)
Primary City Iron River
Location Main Street
Directions From stoplight in Iron River W on US2 /Adams to property on the left.
City Iron River
Street Name Adams
Financial Terms Cash Commercial Loan Conventional
Legal Description 208-388 555 242-252 467 270-7 241-47 278-273 525-584 IRC-A11 1 2 3 4 5A 41 PLAT OF ADDITION TO VILLAGE (NOW CITY) OF IRON RIVER LOTS 1 2 3 4 & E 1/2 OF LOT 5; BLK 41(801 W ADAMS ST)
DOM 365
Postal Code 49935
Price Per Sq Ft Total 26.87
Coming Soon Welcome to a fantastic investment opportunity located in the heart of Iron River
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Exterior
Exterior Cement Masonry
Frontage 120
Flood Plan None
Lot Size Area 0.37
Lot Dimensions 120x135
Water Features None
Roads City/County Paved Street U.S. Highway Year Round
Waterfront Y/N No
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Interior
Ceiling Height Less than 16 Ft.
Fuel Type Natural Gas
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* Excluded Features
List By
NICOLE HEBERT

Listing Agent

Keller Williams Upper Peninsula-Ir

Broker

nikkih@kw.com

Email

Affordability Calculator

$2,019
Per Month
66%
34%
0%
Monthly Principal & Interest
$1,323
Monthly Property Taxes
$696
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
2/15/2024$199,000 -20.08% Price Down
8/28/2023$249,000 -10.91% Price Down
7/28/2023$279,500 -6.80% Price Down
6/6/2023$299,900 Listed Price

Map


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801 W Adams Street, Iron River, MI, 49935 is a Commercial Property for sale at $199,000 with 7,407 sqft and a lot size of 0.37. 801 W Adams Street is a studio with 0.0 baths and was built in 1948. The property's zip code is 49935 which is in Iron River, MI