234 River Street • Ontonagon, MI 49953
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408 Silver, Ironwood, MI 49938 (Updated: 2024-02-20 18:15:15)

Property Details

50132296
COM/IND/BUS OPP
Ironwood
$159,900
5200 ($30.75 / SqFt)
Charming 1880's 5,200 sq ft commercial property on the MI/WI state line that is move-in ready. As the first commercial spot on the Ironwood, MI side of the state line, it has fantastic retail visibility. Numerous tourists stop every day to take pictures of the river and Michigan sign making this an outstanding spot for a small business. Wisconsin DOT has the daily traffic count on Silver Street at 5,300, where Hwy 2 is at 5,200. Square nails found in renovation determine it was built prior to 1890. Great bones from the 24 inch native stone foundation up. 11' ceilings. It has had 5 years of meticulous, thoughtful renovation to the main floor with tons of original charm. Comes with 2 adjacent lots one to the side, one to the rear for plenty of parking or other outdoor uses as well as half of the fenced and paved courtyard to the west. Potential for renovation of multiple apartments on the second floor which is currently an 1880's timewarp. The 4-unit apartment building next door is also for sale. 414 Silver St. MLS#50124893
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General Information

COM/IND/BUS OPP
Commercial/Industrial
0.35
5200 ($30.75 / SqFt)

Dimensions

50x110

Agent

Listing provided by SHERI HIRVELA of DOMITROVICH REALTY, INC (906) 281-3124.

Features

Public Sanitary
Public Water
Fence Owned
Brick Front,Frame,Wood
Forced Air
Ironwood
No


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