5000 N Stephenson, Iron Mountain, MI 49801

Incredible 9,000+ Sq Ft Commercial Property on 2 Acres – Versatile Space with Living Quarters & High Visibility Potential. Opportunity knocks with this expansive and versatile commercial property offering over 9,000 sq ft of functional space on a fully cleared and professionally graded 2-acre lot. Whether you're looking to expand an existing business or start a new venture, this property is ready to deliver. Key features include: • 2-bedroom, 1-bath living quarters (could also serve as office space or a conference room/break room) • 1,400+ sq ft workshop area • 2,400+ sq ft shop building with overhead doors – ideal for storage, automotive, or light industrial use • Renovated 2,700+ sq ft potential retail space, ready for a wide variety of uses • ½ bath in retail space • Upper-level open area, a blank canvas for expansion or additional office space • Newer forced NFA heating systems (two total) • New septic, well pressure tank, water heater, and concrete work — all since 2023 The entire property has been thoughtfully improved with major excavation, new retaining walls, and professional landscaping. While most rocks and some topsoil/gravel will be removed before closing, these sales demonstrate the land’s added value. The workshop and 2,400 sq ft shop building are currently leased, with terms negotiable—offering flexibility and immediate income potential. Located just minutes from the WI border and the local airport, this is a prime spot for logistics, retail, light manufacturing, or mixed-use development. Could this be your next business adventure? Schedule a private showing and explore the endless possibilities!