417 Washington Ave - Office FOR SALE


Iron River, MI 49935 | 
$379,000 USD
906-282-1644
417 Washington Ave, Iron River, MI for Sale
$379,000 USD
Office - FOR SALE
1/38
null | Request Cap Rate

417 Washington Ave
Iron River, MI 49935


HIGHLIGHTS

  • Mixed-use configuration with commercial space on the main level and two apartments above.
  • Barrier-free entry and fully accessible main floor suited for professional or medical uses.
  • Two residential units equipped with appliances, including a one-bedroom with an upper deck.
  • Full-poured basement delivering 2,079 square feet of additional storage capacity.
  • On-site parking lot providing convenience for customers, clients, and residents.

OVERVIEW

This quality-built 4,158 sq ft commercial/residential property offers exceptional versatility and investment potential. The barrier-free main level is thoughtfully designed to accommodate a wide range of business uses. It features a welcoming reception area, comfortable waiting room, 3 patient examining rooms, private offices, a dedicated computer/IT and storage room, and 2 restrooms - ideal for medical, professional, or service-based operations. The upper level includes 2 well-appointed apartments, each equipped with appliances, providing excellent rental income or owner occupancy options. One apartment is a 2 bedroom, 1 bath and the other is a 1 bedroom, 1 bath and boasts an upper deck, perfect for relaxation. A full poured basement offers 2,079 sq ft of abundant storage space, complementing the already generous storage throughout both levels. The property includes an on-site parking lot for added convenience for tenants, clients and customers. Whether you’re an investor or business owner seeking a live/work opportunity, this property combines functionality, comfort, and income potential in one outstanding package.

FOR SALE DETAILS

PRICE

$379,000 USD

PRICE/SF

$91 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

417 Washington Ave

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,160 SF

ZONING

RS- 2

APN/PARCEL ID

055-114-016-30

ASK ABOUT THIS PROPERTY

Ryan GordonStephens Real EstateMore Info
906-282-1644

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Ryan GordonStephens Real EstateMore Info
906-282-1644

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.