4044 US Hwy 2, former car dealership

4044 US-2 U.S. 2 Iron River, MI 49935

4044 US-2 U.S. 2 , Iron River, MI, 49935
4044 US-2 U.S. 2 , Iron River, MI, 49935 4044 US-2 U.S. 2 , Iron River, MI, 49935
FOR SALE
Property Type:
Free Standing Building
Amount:
$299,900
Cap Rate:
0.00%
Last Verified:
Apr 26, 2024

100x170 commercial masonry building on 7.5 acres with frontage on the Iron River! Gross floor area of approx. 17,000 square feet; 10,000 finished and 7,000 semi-finished. Floorplan currently consists of a large showroom, reception and waiting area, three private offices, conference room, vehicle delivery room, parts department, large shop service area, employee breakroom, two public half baths, two employee bathrooms equipped with shower, and two private .75 baths. Building is fully insulated with NGFA furnace plus a waste oil burner, central air conditioning, 1,200 amp electrical, and interior sprinkler system. Property also includes a large, well-lit parking lot.

Map of 4044 US-2 U.S. 2 , Iron River, MI, 49935

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.