Stephenson MI Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
650
Status:
Active
MLS#:
50211843
Type:
Industrial
Lot size:
0.87 Acres
Year built:
1940
Courtesy: STATE WIDE REAL ESTATE OF ESCANABA 906-786-1308
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ADDITIONAL INFORMATION

Opportunity awaits! Whether you're looking for a place to operate your own business, expand your investment portfolio, or create a unique residential space, this versatile property offers plenty of possibilities. Situated on approximately 0.87 acres with an impressive 194 feet of frontage on busy US-41, the property features a 625 sq. ft. building that has served as both a home and several businesses over the years. The main building offers an open-concept layout with city water and sewer already connected, making it an excellent candidate for office space, retail use, or even conversion into a studio apartment or Airbnb rental. A partial basement provides additional storage space. The building currently has no furnace, although the seller may consider installing one with an acceptable offer. Also included is a spacious 35' x 40' pole building with a 10-foot overhead door, ideal for storage, workshop space, inventory, hobbies, or business use. The concrete floor is less than two years old. While electricity is not currently connected to the pole building, the seller operates it using a generator, which has worked well for his resale business. A convenient circular driveway serves the main building, while a separate driveway provides easy access to the pole building. As an added bonus, all shelving and retail display furniture currently in the pole building are included in the sale. Vacant and easy to show. Bring your ideas and explore the many possibilities this highly visible US-41 property has to offer!

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Stephenson Real Estate

Stephenson is located in Michigan. Stephenson, Michigan has a population of 937. Stephenson is less family-centric than the surrounding county with 20.9% of the households containing married families with children. The county average for households married with children is 22.43%.

The median household income in Stephenson, Michigan is $39,813. The median household income for the surrounding county is $52,457 compared to the national median of $69,021. The median age of people living in Stephenson is 39.3 years.

Stephenson Weather

The average high temperature in July is 80.2 degrees, with an average low temperature in January of 7.1 degrees. The average rainfall is approximately 30.6 inches per year, with 54.7 inches of snow per year.

Stephenson Map

Stephenson Real Estate Market Conditions

  • Median sales price

    $182,950
    23.1%
    change since last quarter
  • # Active listings

    12
    30-day change

Stephenson Schools and Demographics

Education near Stephenson, MI

City County
High School Graduates 90.73 93.02
College Degree - 2 year 19 12.23
College Degree - 4 year 13.22 17.46
Graduate Degree 1.06 4.29
Expenditures per Student 13,386 13,386
Students per Teacher 17.8 17.8

Elementary Schools near Stephenson, MI

Grades Students P/T Ratio ZIP
Stephenson Elementary School PK - 05 248 14.7 49887

Middle Schools near Stephenson, MI

Grades Students P/T Ratio ZIP
Stephenson Middle School 06 - 08 131 15.8 49887

High Schools near Stephenson, MI

Grades Students P/T Ratio ZIP
Stephenson High School 09 - 12 190 17.3 49887

Ungraded Schools near Stephenson, MI

Grades Students P/T Ratio ZIP
Carney-Nadeau School PK - 12 248 14.2 49812

Demographics near Stephenson, MI

City County
Neighborhood Type Small town
Population 937 23,477
Population Density 864 23
Median Age 39.3 49.5
People per Household 2.5 2.4
Median Household Income 39,813 52,457
Average Income per Capita 21,579 28,819

Real estate near Stephenson