This listing is under contract.

Super high traffic counts, on a corner lot with easy access!

1220 S. Stephenson Ave. Iron Mountain, MI 49801

1220 S. Stephenson Ave., Iron Mountain, MI, 49801
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UNDER CONTRACT FOR SALE
Property Type:
Free Standing Building
Amount:
$349,900
Cap Rate:
0.00%
Last Verified:
Dec 28, 2023

Over 4,000 cars pass this property every day, at 35 mph speed limit! Prime location and excellent visibility from all directions, on a corner lot with easy in-and-out access. 8,000 sq ft Spancrete-constructed building with ample retail space, 1-2 offices, side-access loading dock for ease of inventory maintenance, plus a full walk-out basement with drive-under garage. What are your ideas? Restaurant or bistro? Clothing or home décor store? Professional offices? The possibilities are endless! Also available for lease.

Map of 1220 S. 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.