408 Silver Street Ironwood, MI $ 99,900
408 Silver Street
$ 99,900
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408 Silver Street

Ironwood, MI, 49938
$ 99,900
Baths0.0 Sq 5,170

Monthly Estimate*

$ 664

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Studio

Commercial Property for sale in Ironwood, MI

for $99,900. This 5,170 square foot building was built in 1890 on a lot size of 0.12.

Endless possibilities with this Michigan gateway property! This 5200 sq ft, 140 yr old commercial building has a beautiful view of the river from the 2nd floor and is walking distance to Ironwood’s downtown district or Hurley, Wisconsin’s famous Silver St. bars and restaurants. As one of the first commercial spots on the Ironwood side of the State line, it has a high degree of retail visibility. Daily traffic count on Silver Street is 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. The upstairs of this property is unfinished, but it has the possibility for up to 6 upstairs apartments or one big 2600 sq ft loft. The main floor is move in ready and could be used as creative living space or as a clean slate ready for commercial buildout. A ton of on street parking as well as parking in the rear. Adjacent lots to the North and East are negotiable.

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Commercial Active

Price

$ 99,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 880

Style

Commercial/Industrial

Lot Size

0.12

Year Built

1890

Town/City

Ironwood

County/Region

Gogebic

MLS | Web ID

50149021

Features
General
Water Public Water Community
Status Active Active
Year Built 1890
County Gogebic
Class COM/IND/BUS OPP
Type Commercial/Industrial
Percent Ownership Private
Municipality Ironwood
Subdivision MI
Commercial Features 2 Phase Power Alley Beampost Cable TV Available Clear Span Internet Available Display Window Electric Available Flr Thickness: 4+ - 6 In. Gas Available Living Quarters Meeting Rooms
Area Ironwood (27006)
Primary City Ironwood
Directions From Ironwood on US-2/Cloverland Drive
City Ironwood
Financial Terms Cash Commercial Loan Conventional Conventional Blend
Legal Description LOTS 14 & 15 BLOCK 7 CANAL COMPANY ADD
DOM 49
Postal Code 49938
Price Per Sq Ft Total AG 19.32
Coming Soon Endless possibilities with this Michigan gateway property! This 5200 sq ft
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Exterior
Body of Water East of Montreal River
Lot Size Area 0.12
Lot Dimensions 50x110
Water Features None
Roads City/County Paved Street U.S. Highway Year Round Private no association
Waterfront Y/N No
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* Excluded Features
List By
KIM CORCORAN

Listing Agent

Northern Trails Realty

Broker

corkkim97@yahoo.com

Email

Affordability Calculator

$737
Per Month
90%
10%
0%
Monthly Principal & Interest
$664
Monthly Property Taxes
$73
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/3/2024$99,900 -20.02% Price Down
7/18/2024$124,900 Listed Price

Map


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408 Silver Street, Ironwood, MI, 49938 is a Commercial Property for sale at $99,900 with 5,170 sqft and a lot size of 0.12. 408 Silver Street is a studio with 0.0 baths and was built in 1890. The property's zip code is 49938 which is in Ironwood, MI