Spacious former restaurant on a busy downtown corner!

202 W. Genesee St. Iron River, MI 49935

202 W. Genesee St., Iron River, MI, 49935
202 W. Genesee St., Iron River, MI, 49935 202 W. Genesee St., Iron River, MI, 49935 202 W. Genesee St., Iron River, MI, 49935
FOR SALE
Property Type:
Street Retail
Amount:
$150,000
Last Verified:
Jun 29, 2022

Conveniently located on a busy corner lot in the heart of downtown, this 2,100 sq ft brick building formerly housed a restaurant with a seating capacity of 110, and most fixtures and equipment are included. There are endless options for this building, which boasts two newer furnaces, a full basement, and was designed and built to support a second full story.

Map of 202 W. Genesee St., Iron River, MI, 49935

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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.