This listing is under contract.

Historic building with excellent visibility!

205 E. Fleshiem St. Iron Mountain, MI 49801

Iron Mountain
Property Type:
Mixed Use
Cap Rate:
Last Verified:
Sep 26, 2023

This great building offers excellent visibility and is conveniently located just off the main thoroughfare into town, in the downtown historic district! Two-story brick building with 3,920 square feet of opportunity awaits the lucky new owner. Parking in rear plus street spaces available. Great exposed west side wall is perfect for eye-catching signage, etc. Interior meeting rooms, offices, and more plus second-floor living quarters to rent out for additional income.

Map of 205 E. Fleshiem St., Iron Mountain, MI, 49801

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.