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    Ironwood, MI
    Bar & Pub

    Ironwood, MI Bars & Pubs for Sale

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    Hurley, WI Bessemer, MI Montreal, WI Wakefield, MI Mercer, WI Winchester, WI Mellen, WI Ontonagon, MI
    Mixed-Use Property with Event Stage
    Updated: Aug 19
    Mixed-Use Property with Event Stage

    204 W Aurora Street, Ironwood, MI 49938

    $269,000
    2,304 sqft 0.09 AC lot
    2,304‑square‑foot mixed‑use building with restaurant, music venue, and upstairs apartment
    Refurbished 2‑bedroom apartment on the upper level
    Newly built stage at the rear of the building
    Newer appliances included with the restaurant operation
    Commercial zoning in downtown Ironwood on a main thoroughfare
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    Restaurant with Bar and Patio
    Updated: Dec 1, 2023
    Restaurant with Bar and Patio

    N11582 Black River Road, Ironwood, MI 49938

    $204,900
    1,952 sqft 1.95 AC lot
    Operational restaurant with 1,952 square feet of building area
    1.95‑acre site in Ironwood, MI
    Large bar area and interior dining space
    Exterior patio for outdoor dining
    Near Powderhorn Ski Hill
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 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

    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
    2,560 sqft

    Includes bar service and a developed outdoor entertainment area with food-service improvements.

    View details
    Restaurant with Outdoor Event Venue
    Restaurant with Outdoor Event Venue

    5234 HWY 51, Mercer, WI 54547

    $675,000
    0.56 AC lot

    Restaurant property includes bar operations, outdoor service areas, public restrooms, and direct access to snowmobile and ATV trails.

    View details
    Restaurant with Living Quarters
    Restaurant with Living Quarters

    6622 HWY 2 W, Hurley, WI 54534

    $524,900
    1.05 AC lot

    Established restaurant property includes a fully equipped kitchen, bar, dining room, and on-site residential space.

    View details
    Turnkey Restaurant with Four-Bedroom Quarters
    Turnkey Restaurant with Four-Bedroom Quarters

    6622 W US 2 Highway, Hurley, WI 54534

    $524,900
    3,875 sqft 1.05 AC lot

    Restaurant with front covered porch, handicap access, and on-site living quarters with four bedrooms and two full baths.

    View details

    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
    Estimated value:
    $285,000
    2,304 sqft 0.09 AC lot
    View details
    112 Lowell St
    BAR, TAVERN

    112 Lowell St, Ironwood, MI 49938-2044

    Estimated value:
    $310,000
    5,160 sqft 0.07 AC lot
    View details
    304 Suffolk St
    BAR, TAVERN

    304 Suffolk St, Ironwood, MI 49938-2130

    Estimated value:
    $145,000
    3,607 sqft 0.06 AC lot
    View details
    120 Aurora St
    BAR, TAVERN

    120 Aurora St, Ironwood, MI 49938-2532

    Estimated value:
    $170,000
    1,440 sqft 0.08 AC lot
    View details
    213 Mcleod Ave
    BAR, TAVERN

    213 Mcleod Ave, Ironwood, MI 49938-2121

    Estimated value:
    $205,000
    2,560 sqft 0.06 AC lot
    View details
    123 Suffolk St
    BAR, TAVERN

    123 Suffolk St, Ironwood, MI 49938

    Estimated value:
    $290,000
    2,790 sqft 0.07 AC lot
    View details
    4508th Lk Rd
    BAR, TAVERN

    4508th Lk Rd, Ironwood, MI 49938-9723

    Estimated value:
    $285,000
    1,632 sqft 1.00 AC lot
    View details

    Ironwood, MI Bars & Pubs Market Trends and Statistics

    Explore 9 bars & pubs for sale in Ironwood, MI on our real estate platform. These investment opportunities span a total of 4,256 square feet of properties for sale, with an estimated market value of $473,900.

    Sale prices for pubs in Ironwood, MI start at $204,900, averaging $236,950, and reaching up to $269,000 — 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

    Conventional restaurants 4
    Bars & Pubs 2
    Commercial kitchens 1

    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 $209K

    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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