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Ironwood, MI

Bar & Pub

Ironwood, MI Bars & Pubs for Sale

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Hurley, WI Bessemer, MI Gile, WI Wakefield, MI Mercer, WI Winchester, WI Mellen, WI Marenisco, MI

Mixed-Use Retail and Apartment Building

Updated: Jul 10

Mixed-Use Retail and Apartment Building

126 E Aurora Street, Ironwood, MI 49938

$225,000

2,068 sqft 0.06 AC lot

Main‑level commercial space plus a one‑bedroom rental apartment on the second floor
Upstairs 1‑bedroom includes a bedroom closet, bathroom with full‑sized washer/dryer, and a full kitchen open to living/dining
Commercial tenant operates a wine and spirits bar with retail space, plus classes and special tasting events
Basement access is available through the commercial space (currently used for storage by the commercial tenants)
Year built: 1920; heating is oil and cooling is wall/window unit(s)

This listing looks promising.

Here's a quick look at some key insights for

126 E Aurora Street, Ironwood, MI 49938

View Property Analytics

Est. Cap Rate

3.3%
NOI ÷ price
Est. NOI

$7K
Annual
Mortgage

$137K
Oct 2023
Last Sold

Oct 2023
$171K
Property Type

Retail Stores
Built 1920

View Property Analytics

Freestanding Restaurant Building

Updated: May 11

Freestanding Restaurant Building

135 E Cloverland Drive, Ironwood, MI 49938

$149,900

2,781 sqft 0.20 AC lot

Approximately 2,781 SF restaurant building offered in as‑is condition
Located right on US 2 in Ironwood, MI
Blacktop parking area plus wheelchair ramp for accessible approach
Side delivery door and unfinished bar and bathroom areas
Full, unfinished basement for storage and potential walk‑in cooler accommodation

Bar & Pub Building with Side Delivery

Bar & Pub Building with Side Delivery

135 CLOVERLAND DR E, Ironwood, MI 49938

$149,900

0.20 AC lot

Commercial building on US 2 with blacktop parking, wheelchair ramp access, and a side delivery door.

Conventional Restaurant with Patio

Conventional Restaurant with Patio

N11582 Black River Rd, Ironwood, MI 49938

$204,900

1,952 sqft

Operating dining property with bar service, group seating, and an outdoor patio near Powderhorn Ski Hill.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Bar and Pub with Patio

Bar and Pub with Patio

N11582 Black River Road, Ironwood, MI 49938

$204,900

1,952 sqft 1.95 AC lot

Operating hospitality property with a substantial bar area, dining space, outdoor patio, and wheelchair-accessible entry.

Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 5 Active listings in Ironwood, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant and Event Center

Restaurant and Event Center

5234 HWY 51, Mercer, WI 54547

$675,000

0.56 AC lot

Restaurant and bar with year-round outdoor entertainment features in downtown Mercer, WI.

Tavern with Seating for 24

Tavern with Seating for 24

13980 AGENDA RD, Butternut, WI 54514

$450,000

2.46 AC lot

Established Maple Grover Tavern offers a 2,500 SF bar with seating for 24, entertainment stage, and two half-baths.

Butternut, WI Pub & Pizza

Butternut, WI Pub & Pizza

109 2nd, Butternut, WI 54514

Contact for pricing

2,260 sqft

Northwoods pub and pizza business with real estate for sale.

Mercer Restaurant and Bar Opportunity

Mercer Restaurant and Bar Opportunity

1711 Us Highway 51, Mercer, WI 54547

$348,500

Iconic restaurant/bar with high traffic and trail access in Mercer.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Water Available

Commercial Land with Water Available

1st Avenue, Siren, WI 54872

$42,000

0.44 AC lot

Commercial lot in Siren with water available and the option to expand via an adjacent lot also for sale.

Commercial Land with Water Available

Commercial Land with Water Available

24175 1st Avenue, Siren, WI 54872

$58,000

0.98 AC lot

0.98-acre commercial lot in Siren, WI with water available and owner financing options with flexible terms.

Business-Zoned Commercial Land

Business-Zoned Commercial Land

Industrial Avenue, Turtle Lake, WI 54889

$950,000

10.37 AC lot

Business-zoned land with State Highway 63 frontage and paved city access for a range of commercial uses.

Commercial Land with Foundation

Commercial Land with Foundation

244 Main Street E, Menomonie, WI 54751

$154,900

0.09 AC lot

The site retains a basement foundation and has utility connections available for commercial redevelopment.

Off-Market Properties in Ironwood, MI

Consider similar Off-Market properties in Ironwood, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

204 Aurora St, Unit 20

BAR, TAVERN

204 Aurora St, Ironwood, MI 49938-2506

Unit 20

$285,000

Estimated value

2,304 sqft 0.09 AC lot

112 Lowell St

BAR, TAVERN

112 Lowell St, Ironwood, MI 49938-2044

$310,000

Estimated value

5,160 sqft 0.07 AC lot

304 Suffolk St

BAR, TAVERN

304 Suffolk St, Ironwood, MI 49938-2130

$145,000

Estimated value

3,607 sqft 0.06 AC lot

120 Aurora St

BAR, TAVERN

120 Aurora St, Ironwood, MI 49938-2532

$170,000

Estimated value

1,440 sqft 0.08 AC lot

213 Mcleod Ave

BAR, TAVERN

213 Mcleod Ave, Ironwood, MI 49938-2121

$205,000

Estimated value

2,560 sqft 0.06 AC lot

123 Suffolk St

BAR, TAVERN

123 Suffolk St, Ironwood, MI 49938

$290,000

Estimated value

2,790 sqft 0.07 AC lot

4508th Lk Rd

BAR, TAVERN

4508th Lk Rd, Ironwood, MI 49938-9723

$285,000

Estimated value

1,632 sqft 1.00 AC lot

Ironwood, MI Bars & Pubs Market Trends and Statistics

Explore 12 bars & pubs for sale in Ironwood, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 8,753 square feet of properties for sale, with an estimated market value of $934,600.

Sale prices for pubs in Ironwood, MI start at $149,900, averaging $186,920, and reaching up to $225,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 7,424

Population Growth (5Y) -1.2%

Median Household Income $44,379

College Educated 32.5%

High-Yield Neighborhoods for Investment

Identify Ironwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49938	$174.9K

Taxes & Financing

Tax Rate (average for all types) 5.37%

Property Tax per SF $85.36 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Gogebic County

New Delisted

Total CRE Inventory on Market (SF)

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