110 E B St, Iron Mountain, MI 49801 For Sale

Commercial building located just off of Stephenson Ave and near other businesses including banks, restaurants, retail and the Iron Mountain Welcome Center. The main floor has been updated and the floor plan includes reception area, 5 private offices, 2 restrooms and breakroom. The upper level has much potential for your investment to improve as additional office space or potential residential use. The upper level has 10 rooms, some being inter-connected, and a restroom. Central air conditioning services the main level only. Roof is a rubber roof. There is a full basement and one heating system for the entire building. Buyers are encouraged to research possible grant program opportunities with the Michigan Economic Development Corporation (MEDC) for mixed use buildings in downtowns (if considering residential use on the second floor. https://www.michiganbusiness.org/services/mcrp. Buyers may also contact the City of Iron Mountain regarding possible qualification for a tax abatement program that may be applicable https://www.cityofironmountain.com/551/Commercial-Rehabilitation-Act. NOTICE: All information believed accurate but not warranted. Buyer recommended to inspect & verify all aspects of the property & bears all risks for any inaccuracies including but not limited to estimated acreage, lot size, square footage, utilities (availability & costs associated). Real estate taxes are subject to change (possibly significant), property will be reassessed by the municipality after sale is completed & buyer should NOT assume that buyer's tax bills will be similar to the seller's current tax bills. Taxes are not zero. Sellers may have audio/video recording devices present on property and buyers and agents consent to being recorded by entering property. OFFERS: 72 hours response time requested on offers. Seller, at seller's sole discretion, with or without notice, reserves the right to set and/or modify offer submission & response deadlines.