3 buildings on nearly 1 acre with excellent highway frontage!

709 N Stephenson Ave Iron Mountain, MI 49801

709 N Stephenson Ave, Iron Mountain, MI, 49801
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FOR SALE
Property Type:
Free Standing Building
Amount:
$650,000
Cap Rate:
0.00%
Last Verified:
Jan 29, 2024

Daily Email Blast
3 times

Daily Blasts Dates

Jun 13, 2024 16:06:27

Jun 06, 2024 15:59:28



What a great opportunity: This nearly one-acre parcel comes with three buildings! Fantastic visibility on the main thoroughfare into town right at an incredibly busy stoplight, with easy in and out access and ample parking. The primary 3,124 sq ft building is in excellent condition and nicely remodeled with entry doors on either end, vaulted tongue-and-groove ceilings with beams, walk-in cooler, ample storage, plus a full basement. The south end of the property includes a small drive-through retail building and a single-family home, both with excellent long-term tenants.

Map of 709 N Stephenson Ave, Iron Mountain, MI, 49801

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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.