930 E Cloverland Drive $424,000

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    930 E Cloverland Drive Ironwood, MI 49938

    • 5,400 sq. ft.
    • 1.08 Acres
    • Commercial
    • MLS# 50142828
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    Views: 39 Days On Site: 185

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    Property Details

    Prime Highway location on US2 in Ironwood with retail rental space! Take advantage of this opportunity to own a building that has far more in renovations done than what the asking price is! Rent all 4 units out, or use one to run your own business, and rent the other 3! Two of the units are currently occuppied with long term tenants. One of them is set up as an event center with a newer full kitchen and recently remodeled dining area that could easily be transformed into a restaurant. There is also a smaller garage/storage area with overhead door to the rear of the building. The units all have great paved parking and cheery vestibule areas as you enter. There is a large marquee sign that has great highway visibility. The unit furthest to the East has a service/driveup window for drive through type services. Behind the building you will find a large parking lot with another outbuilding that could be sold separately.

    • General Features
      • Acreage 1.08
      • Area Municipality Ironwood (27006)
      • County Gogebic
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership Private
      • Total SqFt Finished 5400
      • Waterfront Y/N No
      • Year Built 2003
      • ZONING Commercial
    • Building Features
      • Cooling System Central A/C
      • Exterior Construction Wood
      • Exterior Features Deck/Patio
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
      • Roofing Asphalt
    • Property Features
      • Water Public Water
      • Water Features None
      • PARKING 21+ Spaces,Parking Lot
      • Lot Size 180x161
      • Roads U.S. Highway
      • Sewer Septic Public Sanitary

    Neighborhood

    49938 (Ironwood) Demographics

    51 Median Age
    29 Population Density (per sq. mile)
    37% College Educated
    $36,994 Estimated Median Income
    2,736 Estimated Total Home Owners
    1,031 Estimated Total Renters
    73% / 27% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    7,493 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $110,000 Median Sales Price
    17 Homes Sold
    11 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $424,000
        11/11/2024 9:50:57 AM Price Reduced Source: Multiple Listing Service New Value: $424,000 -5.57%
        5/22/2024 11:52:00 AM New in Database Source: Multiple Listing Service New Value: $449,000

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.