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402 Washington Ave Iron River, MI 49935

402 Washington Ave, Iron River, MI, 49935
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$350,000
Cap Rate:
0.00%
Last Verified:
Oct 09, 2024

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Over 9,000 sq ft of  possibilities! The open-concept main level is ideal for collaborative workspaces and includes a dedicated conference room, training room, two computer access rooms, a secure vault, three half baths, and a generously sized breakroom. Upstairs, you'll discover more private offices and another half bath. The lower level includes a conference room, break area, utility room, a half bath, and an additional vault. Situated on .82 acre that features a large parking lot plus vacant area in the rear that offers development potential. This property is perfect for a businesses seeking a central hub, organizations needing versatile workspaces, or companies looking for a new home with growth potential.

Map of 402 Washington Ave, 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.