601 E G Street $945,000

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    601 E G Street Iron Mountain, MI 49801

    • 21,668 sq. ft.
    • 2.69 Acres
    • Commercial
    • MLS# 50113382
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    Views: 475 Days On Site: 517

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    Property Details

    The scale & scope of this site can not be overlooked! The former Hyland nursing home is for sale with over 21,000 sq ft with 52 individual rooms. This property would be perfect for a boarding house, efficiency apartments, nursing home, or a number of other uses with the R3 Zoning. With the area's lack of housing investors take note. The property has a beautiful courtyard, storage sheds, and is sitting on a huge 2.69 acre lot in the heart of Iron Mountain Michigan. Building has central air, full sized kitchen, office spaces, and recreation areas. Could this be your next big project??

    • General Features
      • Acreage 2.69
      • Area Municipality Iron Mountain (22007)
      • County Dickinson
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership LLC
      • Total SqFt Finished 21668
      • Waterfront Y/N No
      • Year Built 1974
      • ZONING Commercial,Residential
    • Building Features
      • Cooling System Central A/C
      • Exterior Construction Brick
      • Foundation Type Slab
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
      • Roofing Asphalt, Shingles
    • Property Features
      • Water Public Water
      • Water Features None
      • PARKING 21+ Spaces,On Site,Parking Lot
      • Lot Size N/A
      • Roads City/County, Paved Street
      • Sewer Septic Public Sanitary

    Neighborhood

    49801 (Iron Mountain) Demographics

    49 Median Age
    73 Population Density (per sq. mile)
    40% College Educated
    $50,158 Estimated Median Income
    4,016 Estimated Total Home Owners
    1,105 Estimated Total Renters
    78% / 22% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    11,328 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $159,900 Median Sales Price
    9 Homes Sold
    14 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $945,000
        6/18/2024 7:50:12 AM Price Reduced Source: Multiple Listing Service New Value: $945,000 -1.05%
        6/11/2024 10:06:48 AM Price Reduced Source: Multiple Listing Service New Value: $955,000 -1.04%
        6/5/2024 11:05:44 AM Price Reduced Source: Multiple Listing Service New Value: $965,000 -1.03%
        5/30/2024 3:06:33 PM Price Reduced Source: Multiple Listing Service New Value: $975,000 -1.02%
        5/24/2024 10:05:52 AM Price Reduced Source: Multiple Listing Service New Value: $985,000 -1.01%
        6/26/2023 7:35:00 AM New in Database Source: Multiple Listing Service New Value: $995,000

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        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 6.5% 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.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.