This Office Property is no longer advertised on LoopNet.com.

200 W Ludington St
Iron Mountain, MI 49801
Iron Mountain Executive Plaza · Office Property For Sale

Investment Highlights

  • 4,180-SF Single Tenant Office on a +/-0.24 Acre Parcel
  • Corporately Guaranteed Lease by PWA Management and an Additional 3-Year Significant Personal Guaranty
  • Timeframe for Full Operational Status: The Length of the Personal Guaranty Ensures the Property Has Ample Time to Reach Full Operational and Tenanted
  • 8 Years Remaining on a 10 Year Absolute Net Master Lease With No Landlord Responsibilities | Rare 10% Yield On a Single Tenant Property
  • PWA Management LLC is a Proven Operator with a Track Record of Successful Operations Across the Country
  • Positioned at a Prime Location with High Visibility and Accessibility | Daytime Population of 23,200+ Within 5-Miles

Property Facts

Property Type
Office
Building Size
4,180 SF
Building Class
C
Year Built/Renovated
1936/2024
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,180 SF
Building FAR
0.41
Lot Size
0.24 AC
Zoning
Commercial

Property Taxes

Property Taxes

Parcel Number
051-104-493-00
Land Assessment
$3,600
Improvements Assessment
$127,300
Total Assessment
$130,900
  • Listing ID: 36092963

  • Date on Market: 6/3/2025

  • Last Updated:

  • Address: 200 W Ludington St, Iron Mountain, MI 49801

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