Log In/Sign Up
Your email has been sent.
130 Washington Ave 6,000 SF Retail Building Iron River, MI 49935 $199,000 ($33.17/SF)
Investment Highlights
- Excellent visibility along Washington Avenue with year-round accessibility
- Proximity to popular outdoor recreational trails ensures consistent customer traffic
- Includes Michigan liquor license and complete bar/restaurant equipment package
- Features onsite living quarters with four bedrooms and additional upstairs space
Executive Summary
This commercial property offers a rare opportunity in the heart of Iron River, MI. The 2,923 SF building includes a fully equipped bar and restaurant complemented by a Michigan liquor license, creating a turnkey solution for buyers. Extensive updates have recently been completed, including a fully remodeled commercial kitchen, new plumbing, updated electrical systems, forced-air heating, a new roof (2018), bathroom renovations, and updated interior and exterior finishes.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,000 SF
Building Class
C
Year Built
1932
Price
$199,000
Price Per SF
$33.17
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.52 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Frontage
100’ on Washington Ave
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 055-116-001-00 | Improvements Assessment | $54,870 |
| Land Assessment | $1,050 | Total Assessment | $55,920 |
Property Taxes
Parcel Number
055-116-001-00
Land Assessment
$1,050
Improvements Assessment
$54,870
Total Assessment
$55,920
1 of 24
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
130 Washington Ave