932 E Cloverland Drive Active

Ironwood,MI 49938

$ 595000

- Bed

- Bath

8640 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 8,640 sqft

Price per Sqft $68

Subdivision Mi

MLS Listing ID 50149840

Year Built 1970

Annual Tax Amount $15,841

Tax Year 2024

Lot Size 2.540 Acres

Acres 2.54

Lot Dimensions 409x135 409x135

Property Description

This business opportunity is a pivotal Rangeland source of family entertainment! Currently a four screen movie cinema with a two register concession stand, vestibule ticket sales area, Restrooms, first floor office space, and upstairs storage. The cinema was originally built in 1970 as a two screen movie theatre. In 1998, the building was remodeled to its current four screen theatre with an updated lobby. Other upgrades include an 11 year old Duralast roof, 10" fiberglass insulation in the ceiling, 4 NG furnaces-2 ton HVAC systems that are approx. 13 years old. The Southwest theatre is 40x40 and seats 179 plus multiple wheelchair accessible spots. The Southeast theatre is 30x40 and seats 92 with multiple wheelchair accessible spots. The Northwest theatre is 30x40 and seats 100 with multiple wheelchair accessible spots. The Northeast theatre is 30x30 and seats 80 with multiple wheelchair accessible spots. All theatres have fleck flooring. Fixtures that are included: projectors, popcorn machine, ice machine, cotton candy machine, popcorn warmer, nacho cheese warmer, seats, seat replacement parts, and office supplies. Building and land are being sold together.

Location

State MI

County Gogebic

Area Ironwood (27006)

Zoning Commercial

Interior

Heating Forced Air

Cooling Central A/C

Exterior

Garage On Site

Waterfront No

Building

Lot Description Cleared

Foundation Slab

Water Public Water

Structure Type Masonry,Metal,Steel

Others

Ownership Other/See Remarks

SqFt Source Assessors Data

Energy Description Natural Gas

Financing Cash,Commercial Loan

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