$89,900
408 Silver Street Ironwood, MI 49938
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$89,900
Est. payment /mo
5,170 SqFt
Price Dropped by $10K
408 Silver Street Ironwood, MI 49938
UPDATED:
09/20/2024 08:53 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 5,170 sqft
Price per Sqft $17
Subdivision Mi
MLS Listing ID 50149021
Year Built 1890
Annual Tax Amount $880
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 50x110
Property Description
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.
Location
State MI
County Gogebic
Area Ironwood (27006)
Exterior
Waterfront No
Building
Water Public Water, Community
Others
Ownership Private
Financing Cash,Commercial Loan,Conventional,Conventional Blend
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by NORTHERN TRAILS REALTY
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