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Sunnyside Plaza 629 W Cloverland Dr 20,263 SF 100% Leased Retail Building Ironwood, MI 49938 $2,500,000 ($123.38/SF)
Investment Highlights
- Multifunctional Commercial Property.
- 4.3 acres of land and over 20,000 sqft of building space!
- Extremely visible location on highly-trafficked US 2.
Executive Summary
Exceptional opportunity to acquire a multifunctional commercial property in Ironwood, MI. Sunnyside Plaza presents a range of possibilities for entrepreneurs & investors alike! Extremely visible location off the highly trafficked US 2 while offering 4.3 acres (2-parcels) for future expansion. 19,500 sq ft plaza was meticulously built with the highest quality materials & standards, has 7 tenants, of which most have been long term, a 2nd 800 sq ft building with an 8th tenant, black topped parking front & back for up to 85 vehicles, 38x28 detached garage, additional storage building, security cameras, 3-phase power, city sewer & water, ADA compliance, sidewalks, half log & stone exterior, forced air & central air units for all units, multiple front display windows, attached garage with overhead door & an additional access from a back city street. The square footage for each unit space varies and could be easily adapted for other various uses & layouts. Specific details available. Operate as it is currently, almost $30K in gross lease, or capitalize with your own ideas & dreams. The versatility of this incredible commercial property offers numerous opportunities for growth & success.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
20,263 SF
Building Class
C
Year Built
2005
Price
$2,500,000
Price Per SF
$123.38
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
4.30 AC
Opportunity Zone
Yes
Zoning
C-3
Parking
20 Spaces (0.99 Spaces per 1,000 SF Leased)
Frontage
850’ on Cloverland Dr
Amenities
- Conferencing Facility
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Backup Power / Generators
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- ABM Gallery Pottery & Painting
- Arts, Entertainment, and Recreation
-
99,999 SF
- -
- -
- Bahs Dance Studio
- Arts, Entertainment, and Recreation
-
99,999 SF
- -
- -
- Oma's Attic Thrift Store
- Retailer
-
99,999 SF
- -
- -
-
- Public Administration
-
99,999 SF
- -
- -
The Department of Veterans Affairs began in 1930 as the Veterans Administration, created to bring federal veteran care and benefits under one organization. The department provides health care, disability compensation, education support, financial benefits, home loan guarantees, and burial and memorial services for veterans, servicemembers, families, caregivers, and survivors. The agency's work spans health administration, benefits administration, and national cemetery operations, reflecting a broad federal role in veteran support. In 1989, the Veterans Administration was renamed the Department of Veterans Affairs, and the agency continues to serve as a central provider of veteran-focused services across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| ABM Gallery Pottery & Painting | Arts, Entertainment, and Recreation | 99,999 SF | - | - | ||
| Bahs Dance Studio | Arts, Entertainment, and Recreation | 99,999 SF | - | - | ||
| Oma's Attic Thrift Store | Retailer | 99,999 SF | - | - | ||
|
|
Public Administration | 99,999 SF | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 52-21-202-120 | Improvements Assessment | $741,639 |
| Land Assessment | $219,488 | Total Assessment | $961,127 |
Property Taxes
Parcel Number
52-21-202-120
Land Assessment
$219,488
Improvements Assessment
$741,639
Total Assessment
$961,127
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