Ideal walkable location, and a ton of 140 yr. old charm claims this 5,200 sq ft 1880's building. Having the versatility of either multi family, or downtown commercial provides a wide variety of directions to the buyer. Good bones, thick natural stone foundation, dry 6' basement, Duralast roof, and the renovated 1st floor, make the renovation of the 2nd floor the fun part. Plenty of off-street parking in the back. Ironwood needs housing, this will be a great investment property for multiple apartments or retail space.
Ski Resort Rental Investment Opportunity! Attractive fully furnished building with 5 total apartments of which 4 are 1 bedroom/1 bath units plus the third floor apartment which can be used as a 1 bedroom plus den or as a common area. All have separate entrances. Located within a short distance to Big Powderhorn Mountain Resort. Units 1-4 offer an open concept living room with free standing wood burning fireplace, kitchen with apartment size appliances, bedroom and full bath with patio doors to the deck. These units also have interlocking interior doors. Unit 1 also offers a stackable washer/dryer. The third floor apartment is accessed via the back of the building. New flooring throughout this open concept space with kitchen, dining, living room, bedroom plus a den providing mountain views. There is a detached building with hot tub and changing area. Units 1-4 are serviced by natural gas heat and have separate electric meters. Private well, newer windows, beautiful wood beams and ceilings. Backyard setting is the perfect spot to unwind and enjoy nature on the deck or around the firepit. There is plenty of room for yard games too. Ample parking area. Seller had a brand new roof installed and a crawlspace dehumidifier system. All units have a new smart tv, some updated light fixtures along with updated decor and furnishings. There are so many possibilities to consider with this commercial building from long and/or short term rentals, to turning it into a condominium or keeping one unit for yourself while renting the others. Come take a look today and explore your possibilities in the U.P. Seller is a Licensed Real Estate Broker.
The median home value in Ironwood, MI is $95,000. This is higher than the county median home value of $93,600. The national median home value is $338,100. The average price of homes sold in Ironwood, MI is $95,000. Approximately 59.64% of Ironwood homes are owned, compared to 24.45% rented, while 15.91% are vacant. Ironwood 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 Ironwood real estate agent to arrange a tour today!
Ironwood, Michigan has a population of 5,147. Ironwood is more family-centric than the surrounding county with 23.46% of the households containing married families with children. The county average for households married with children is 19.69%.
The median household income in Ironwood, Michigan is $30,755. The median household income for the surrounding county is $41,948 compared to the national median of $69,021. The median age of people living in Ironwood is 48.1 years.
The average high temperature in July is 76.2 degrees, with an average low temperature in January of 2.4 degrees. The average rainfall is approximately 35.5 inches per year, with 166.2 inches of snow per year.