Iron River MI Commercial for Sale

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Type:
Business Opportunities
Sq.Ft.:
2,250
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1966
Baths:
MLS#:
50159224

ADDITIONAL INFORMATION

Looking for a commercial investment opportunity in the heart of Iron County, Michigan? This well-established bar and restaurant could be the perfect fit! Ready for new ownership, the pub offers the chance to take over a turnkey business and make it your own. The sale includes a valuable liquor license, all furnishings, and kitchen equipment, ensuring a smooth and easy transition. The property features a spacious 69x28 fenced-in, covered outdoor area, perfect for seating, games, live music, or any other creative use you envision. Situated in the downtown area with convenient parking and close to local amenities, this prime location ensures excellent visibility and foot traffic. The building offers more than meets the eye with partial basement housing a 7x7 walk-in cooler along with storage, main floor has a 13x6 office space, and a kitchen with a built-in Ansul system. Central air conditioning adds to the comfort of the space, making it ready for year-round operations. Business is close to ATV/UTV, Snowmobile trails. This is a fantastic opportunity to invest in an established business with great potential to grow. Donâ??t miss out on the chance to bring your vision to life in this vibrant community!

Type:
Industrial
Sq.Ft.:
9,022
Status:
Active
Beds:
n/a
Lot size:
0.82 Acres
Year built:
1919
Baths:
MLS#:
50157689

ADDITIONAL INFORMATION

Over 9,000 sq ft of possibilities! The open-concept main level is ideal for collaborative workspaces and includes a dedicated conference room, training room, two computer access rooms, a secure vault, three half baths, and a generously sized breakroom. Upstairs, you'll discover more private offices and another half bath. The lower level includes a conference room, break area, utility room, a half bath, and an additional vault. Situated on .82 acre that features a large parking lot plus vacant area in the rear that offers development potential. This property is perfect for a businesses seeking a central hub, organizations needing versatile workspaces, or companies looking for a new home with growth potential. **Available for lease after Jan 1, 2025 for $3,298.36/mo.

Type:
Industrial
Sq.Ft.:
2,485
Status:
Active
Beds:
n/a
Lot size:
20.74 Acres
Year built:
1930
Baths:
MLS#:
50155609

ADDITIONAL INFORMATION

Step into a piece of history with this 1930s commercial property, offering a versatile space with boundless potential. Situated on over 20 acres in the heart of town, this property includes 3 buildings, one being a 32x74 metal pole building, another sturdy 21x12 brick building, and lastly, a 71x35 main brick building offering numerous possibilities. This property is centrally located and nearby other popular businesses. Whether youâ??re looking to invest, expand, or develop, this unique offering combines historical charm with a prime location and extensive land. Donâ??t miss this opportunity to own a significant piece of commercial real estate in a bustling area. Schedule your showing today!

Type:
Industrial
Sq.Ft.:
1,900
Status:
Active
Beds:
n/a
Lot size:
2.12 Acres
Year built:
1980
Baths:
MLS#:
50144928

ADDITIONAL INFORMATION

Versatile commercial property on Class A road features 1900+ square foot building with all utilities; water, sewer and electric available for hook-up if you need. 200 amp electric is already connected. The building currently main part of the metal building is 28' x 68' has three 12 'x 12' overhead doors opening into the 28' deep interior to bring your equipment in for repairs or just out of the weather and an additional 16' of space to make your office or add another bay. Seller to have concrete floor poured inside the building. On the exterior of this building are eight 12' x 12' outside access storage spaces (two are ready to hang overhead doors on) to house your extra equipment or rent out as supplemental income. Plenty of level parking/turn-around space for larger equipment. Property also includes a 44' x 110' brick building with metal trusses originally built by the mining company that needs a new metal roof which will then transform it into an additional 4800 square feet of covered work space. A smaller brick building is also found on the parcel that is considered of no value. If you've been looking for a commercial property on a Class A road to house or start your business, check this one out.

Type:
Industrial
Sq.Ft.:
6,400
Status:
Active
Beds:
n/a
Lot size:
8.02 Acres
Year built:
1994
Baths:
MLS#:
50142367
Subdivision:
N/A

ADDITIONAL INFORMATION

BUILDING ONLY. This immaculate 6,400 sq. ft. steel structured building has in floor heat with 9 zones, LED lighting throughout the interior and exterior of the building. There is a designated spray-painting area. 2 walk up loft areas for more inventory and storage. There is a designated retail area with a private restroom and an office area. The building comes equipped with central air conditioning in the storefront area. Pole signage, security system, gates and fencing. Seller will also leave shelving, counter, display racks, built in work benches, fuel oil and fuel storage tanks, air compressor, in-floor hoist, above ground and overhead hoist plus other miscellaneous items. Clean as a whistle, well-constructed, AND very well maintained, this building is very efficient. New boiler system in addition to another boiler and wood stove for multiple forms of heat. Steel roof with polymer silicone coverage for seamless membrane. Situated on just over 8 acres. The large private parking lot is asphalt and there is a designated gated fenced in area. Seller will need 120 days to liquidate inventory and to complete contracts for the fabricating/welding portion of the business. If you are interested in continuing on with a fabricating career, see MLS# 50075605 complete building and business package. This is a current operating business that has served our community and beyond for over 49 years.

Type:
Business Opportunities
Sq.Ft.:
2,300
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1900
Baths:
MLS#:
50116379

ADDITIONAL INFORMATION

Situated on Main Street, this restaurant enjoys high visibility and foot traffic, making it an ideal spot to attract both locals and tourists. With a solid reputation built over the years, this restaurant has become a fantastic destination for food with loyal, established customer base. With the right vision and management, there is substantial potential to expand the restaurantâ??s offerings, catering services, or even hosting events. There is a catering service included with this purchase! Fully equipped kitchen makes it an easy transition for new owners. Seating capacity is estimated around 90 people. Restaurant also has a outdoor dining/enclosed kitchen area. Currently seller uses this area for her Back Alley BBQ's and to host fundraising events. Iron Riverâ??s community embraces local businesses, making it a nurturing environment for restaurant owners. Whether youâ??re a seasoned restauranteur or a newcomer to the hospitality industry, this property promises an incredible venture with endless potential. Donâ??t miss out on this fantastic investment opportunity! Must be pre -approved or proof of funds prior to viewing. Contact us today to schedule a viewing!!

Type:
Business Opportunities
Sq.Ft.:
3,576
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1940
Baths:
MLS#:
50101807

ADDITIONAL INFORMATION

Business Opportunity! Take a look at this former prime Restaurant building located right in the downtown area of Iron River. With a little work, this large building could re-open and be a prime business. Front area has a large bar area and on the upper level is booth seating; the back room hosts an open area for more seating - great place to host private parties as well or business events. Seating capacity is about 110 people. Building was built to house another full story should someone want to add more business space. There are two furnace's approximately 10 years old, roof is approximately 13 years old. Basement used to host a archery shooting range. Make your appointment to see this business building to make your dream of having your own business come true!

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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 2024 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 2024 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.



Iron River Real Estate

The median home value in Iron River, MI is $91,500. This is lower than the county median home value of $101,000. The national median home value is $338,100. The average price of homes sold in Iron River, MI is $91,500. Approximately 47.01% of Iron River homes are owned, compared to 25.97% rented, while 27.02% are vacant. Iron River real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Iron River real estate agent to arrange a tour today!

Iron River, Michigan has a population of 2,989. Iron River is less family-centric than the surrounding county with 11.41% of the households containing married families with children. The county average for households married with children is 13.34%.

The median household income in Iron River, Michigan is $39,775. The median household income for the surrounding county is $45,792 compared to the national median of $69,021. The median age of people living in Iron River is 42.7 years.

Iron River Weather

The average high temperature in July is 77.9 degrees, with an average low temperature in January of 0.4 degrees. The average rainfall is approximately 30.5 inches per year, with 79.7 inches of snow per year.

Iron River Real Estate Market Conditions

  • Median sales price

    $91,500
    18.2% change since last quarter
  • # Active listings

    78
    30-day change

Iron River Schools and Demographics

Education near Iron River, MI

Metric City County
High School Graduates 93.3 92.27
College Degree - 2 year 7.58 9.19
College Degree - 4 year 17.87 19.21
Graduate Degree 4.38 5.36
Expenditures per Student 13,153 13,153
Students per Teacher 16.2 16.2

Elementary Schools near Iron River, MI

School Grades Students P/T Ratio ZIP
Stambaugh Elementary School PK - 06 389 17.8 49935

Middle Schools near Iron River, MI

School Grades Students P/T Ratio ZIP
West Iron County Middle School 05 - 08 218 18.7 49935

High Schools near Iron River, MI

School Grades Students P/T Ratio ZIP
West Iron County High School 09 - 12 236 15.1 49935

Demographics near Iron River, MI

Metric City County
Neighborhood Type Small Town
Population 2,989 11,580
Population Density 444 10
Median Age 42.7 53.2
People per Household 2.3 2.2
Median Household Income 39,775 45,792
Average Income per Capita 24,161 28,723