Listing provided courtesy of STEPHENS REAL ESTATE-IRON RIVER- MLS# 50206454
Contact Information: Main: 906-265-7325
Contact Information: Main: 906-265-7325Images
Request Info417 Washington AvenueIron River, MI 49935
Commercial · 6,237 Sq. ft. | 0.18 Acres$425,000
Active
417 Washington Avenue Overview
- Time on Site:
- 55 days
- Visits:
- 15
PRIME MIXED-USE OPPORTUNITY - COMMERCIAL & RESIDENTIAL IN ONE! 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.
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417 Washington Avenue Facts & Features
- Type Commercial
- Sq. ft. 6,237
- Price/Sq.ft. $68
- Lot 0.18 Acres
Details
General
Building Information
- Year Built: 1996
Business Information
- Business Type: Medical/Dental
Location/Region
- County Or Parish: Iron
- LOCATION: Main Street
- MLS Area Minor: Iron River (36010)
- Municipality: Iron River
Tax Information
- Summer Tax: 6902.31
- Summer Tax Year: 2025
- Tax Annual Amount: $7,962.86
- Tax Year: 2025
- Winter Tax: 1060.55
- Winter Tax Year: 2025
General Information
- FUEL TYPE: Natural Gas
- Inclusions: Real Estate Only
- Ownership: Private
- Property Type: COM/IND/BUS OPP
- Special Listing Conditions: Standard
- Zoning: Professional Office, Commercial
Interior
Building Interior
- WATER HEATER: Electric
General Information
- Basement: Yes
- COMMERCIAL FEATURES: Living Quarters
- Cooling: Central A/C
- Foundation Details: Basement
- Heating: Forced Air
- Living Area: 6237
- Living Area Source: Estimated
Room Information
- Living Room Level: No
- Sitting Room Length: 90
Exterior
Lot Information
- Frontage Length: 89
- Lot Size: 89x90
- Lot Size Acres: 0.18
- Water Source: Public Water
Waterfront/View
- Waterfront Features: None
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Vinyl Siding
- ROADS: City/County
General Information
- Exterior Features: Deck/Patio, Wheelchair Access
- Sewer: Public Sanitary
- Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
417 Washington Avenue Neighborhood
Community
49935 (Iron River) Demographics
52
Median Age
12
Population Density (per sq. mile)
30%
College Educated
$44,009
Estimated Median Income
2,074
Estimated Total Home Owners
632
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.417 Washington Avenue Monthly Cost
417 Washington Avenue Market Data
Based on the last 30 days in this zip code
$296,606
Average List Price
$160
Average Price per Square Foot
17
Properties Sold
93
Average Days on Market
143
Properties for Sale
417 Washington Avenue History
| Date | Value | Agent |
|---|---|---|
| 5/5/2026Source: Greater Northwoods MLS | May 05, 2026 |
|
| 5/5/2026Source: Upper Peninsula MLS | May 05, 2026 |