REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 524,900
Est. payment | /mo
7,093 SqFt
$ 524,900
Est. payment | /mo
7,093 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 7,093 sqft
Price per Sqft $74
Subdivision Mi
MLS Listing ID 50210165
Year Built 1900
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 40x140
Property Sub-Type Commercial/Industrial
Property Description
This historic & multi-purpose building has served as a home to numerous businesses over the years & now presents an opportunity for a new business entrepreneur to introduce their innovative ideas and plans. The building has undergone a comprehensive renovation of its interior, such as electric, lighting & a complete remodel of the elegant loft area on the 2nd level. The main level offers over 4,200 sq ft of functionality,terrazzo flooring (under carpet) & has multiple office spaces available for rent or lease.These spaces can be easily reconfigured to accommodate various business ventures. A shared hall provides access for the businesses. The 2nd level has a separate entrance, & the fully renovated loft & 2BD, 1 BA apartment(long term renter) are conveniently accessible via a restored staircase. Upon entering the loft, you will be captivated by the abundance of natural light glistening from the skylights, complemented by soothing neutral colors, the intricate architectural details of the ceilings & crown molding, rich red oak flooring, & the expansive and promising potential of the loft. The loft has 3 bedrooms, 1.5 bathrooms, laundry room, spacious living area & a newly designed kitchen equipped with newer appliances, lighting, and island with a butcher block countertop. The dining area and a hot tub room provide easy access to a patio & green area, creating an inviting space for guests to gather and unwind after exploring the area's activities and recreational offerings. Currently, the loft is rented on a nightly basis and could serve as accommodations if an entrepreneur decided to design the lower level as a reception hall for family reunions, weddings or large gatherings. The drive-in garage and basement are accessible from two locations on the main level and can be utilized for parking and storage purposes for tenants or as additional rental income for future business locations. The property stands as a blank canvas & offers opportunities for growth & success.
Location
State MI
County Gogebic
Area Ironwood (27006)
Zoning Other
Interior
Heating Forced Air
Cooling Central A/C, HVAC
Exterior
Parking Features On Site
Building
Foundation Basement
Water Public Water
Structure Type Frame
Others
Ownership LLC
SqFt Source CubiCasa
Energy Description Natural Gas
Financing Cash,Commercial Loan
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by REDMAN REALTY GROUP, LLC
Schools and Properties Nearby
Learn More About LPT Realty
Shannon Bagdonas
Team Lead / Broker Partner