417 Washington Ave., Iron River, MI

Multi-Use for Sale - $425,000 - 4,158 Sq. Ft. on 0.18 acres


Agent Info

Stephens Real Estate
Stephens Real Estate

Property Info

CIMLS#1191023
Location
  417 Washington Ave.
  Iron River MI 49935
UpdatedMay 5th, 2026
TypeMulti-Use
Price$425,000
Building4,158 Sq. Ft.
Land0.18 acres

Property Description

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 2079 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.


Financials



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