216 Roosevelt Street, Ironwood, MI 49938 (MLS # 50196202)
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Fantastic investment opportunity! This five-unit commercial complex features four established businesses currently under lease, with one unit becoming available at the end of 2025"”creating an ideal opportunity for an owner-occupant or continued income growth. Relocate your own business into the vacant space while collecting rental income from the remaining tenants, or lease the unit to an up-and-coming venture. Situated on a prominent corner lot just off US-2, the property offers excellent visibility and accessibility, complete with multiple curb cuts and private parking both in front and rear. The 6,720-square-foot building sits on a generous 140 x 400-foot lot, providing ample space for customer traffic, deliveries, and future potential.
| DAYS ON MARKET | 2 | LAST UPDATED | 12/16/2025 |
|---|---|---|---|
| TRACT | Roosevelt Plaza | YEAR BUILT | 1992 |
| COMMUNITY | Ironwood (27006) | COUNTY | Gogebic |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| APPLIANCES | Electric Water Heater |
|---|---|
| AREA | Ironwood (27006) |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Natural Gas, Radiant, Zoned |
| LOT | 1.28 acre(s) |
| LOT DESCRIPTION | Cleared, Corner Lot |
| LOT DIMENSIONS | 400x140 |
| PARKING | Off Street |
| SEWER | Public Sewer |
| SUBDIVISION | Roosevelt Plaza |
| UTILITIES | Cable Available, Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
| WATER | Public |
| ZONING | Commercial |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Source MLS: MiRealSource
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