Spectacular space with great vibes on a busy corner lot!

922 River Ave Iron Mountain, MI 49801

922 River Ave, Iron Mountain, MI, 49801
922 River Ave, Iron Mountain, MI, 49801
FOR SALE
Property Type:
Street Retail
Amount:
$210,000
Last Verified:
Sep 16, 2022

High-traffic spot for this sturdy and attractive 2,294 sq ft brick building on a corner lot just one block from Walgreens & Midtown Mall! Great vibe with hardwood floors, renovated façade and interior (2008), large storefront windows to display merchandise, and plenty of on-site parking with additional street parking. Upstairs has a 2 bedroom apartment that is ready to go with minor modifications and 2 entrances. Imagine living upstairs and getting your dream started below? That is what the current owner has accomplished and you can, too, whether it is a salon, day spa, art studio, learning center, photography studio, or other retail space. The possibilities are endless and the space is spectacular!

Map of 922 River Ave, 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.