Listing provided courtesy of U.P. RIVERLAND REALTY- MLS# 50190675MLS ProviderContact Information: Cell: 906-367-0960

3257 US2 HighwayIron River, MI 49935

Commercial · 20,000 Sq. ft. | 4.89 Acres
$298,500 Active

3257 US2 Highway Overview

Time on Site:
266 days
Visits:
81

Investment opportunity! Prime US Hwy 2 frontage and exposure with a 4.89 +- acre lot. The building is currently being rented to 4 different organizations with room left over for additional renters. The building has a stage, library room w/loft, kitchen, gymnasium, business office with 3 separate rooms and walk-in safe, as well as 9 additional classrooms and small storage room. New roof in 2018. Potential for additional income/renters. Zoning restrictions and deed restrictions may apply. All appointments must be scheduled with 24-hour advance notice and shown to Lender pre-qualified Buyers.

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3257 US2 Highway Facts & Features

  • Type Commercial
  • Sq. ft. 20,000
  • Price/Sq.ft. $15
  • Lot 4.89 Acres

Details

General

Building Information

  • Year Built: 1957

Location/Region

  • County Or Parish: Iron
  • LOCATION: Corner Lot
  • MLS Area Minor: Bates Twp (36003)
  • Municipality: Bates Twp
  • Subdivision Name: Plat of Rogers Location
  • Township: Bates Township

General Information

  • FUEL TYPE: Natural Gas
  • Inclusions: Real Estate Only
  • Ownership: Government Owned
  • Property Type: COM/IND/BUS OPP
  • Zoning: Commercial, Residential

Interior

Building Information

  • COMMERCIAL CEILING HGT: 16-20 Feet, Less than 16 Ft.

General Information

  • Basement: No
  • COMMERCIAL FEATURES: Cable TV Available, Cafe/Kitchen, Internet Available, Fence, Reception Area, Restroom(s), Sidewalks, Sprinkler System
  • Cooling: Wall/Window A/C
  • Foundation Details: Slab
  • Heating: Boiler
  • Living Area: 20000
  • Living Area Source: Appraisal

Room Information

  • Living Room Level: No
  • Sitting Room Length: 329

Exterior

Parking Information

  • Parking Features: 11-20 Spaces

Lot Information

  • Frontage Length: 647
  • Lot Size: 647 x 329
  • Lot Size Acres: 4.89
  • Water Source: Public Water

Waterfront/View

  • Waterfront Features: None
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick, Concrete
  • ROADS: Class A, U.S. Highway, Year Round
  • Roof: Rubber

General Information

  • Exterior Features: Fenced Yard
  • Sewer: Public Sanitary
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

3257 US2 Highway 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
Community data courtesy of LiveBy, Inc.

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.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3257 US2 Highway 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
Calculations provided by Reliance Network

3257 US2 Highway History

Date Event Value Agent
10/7/2025Source: Upper Peninsula MLS Added to Database
October 07, 2025