Gogebic County, MI Commercial Real Estate for Sale

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Updated: Apr 8

Multifunctional Commercial Property in Ironwood

629 W Cloverland Drive, Ironwood, MI 49938

$2,500,000

20,975 sqft · 4.30 AC lot

High‑visibility location on US 2 with 4.3 acres for future expansion
19,500 sq ft plaza built to high standards with 7 long‑term tenants and an additional 800 sq ft building with an 8th tenant
Strong income potential with almost $30K in gross lease income
Ample parking with blacktopped front and back lots for up to 85 vehicles
Includes a 38x28 detached garage, additional storage building, and security cameras

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This listing looks promising.

Here's a quick look at some key insights for

629 W Cloverland Drive, Ironwood, MI 49938

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$218K
Annual
Mortgage

$993K
Recorded
Property Type

Retail Stores
Built 2005

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Updated: Apr 8

Multifunctional Commercial Property in Ironwood

629 CLOVERLAND DR, Ironwood, MI 49938

$2,500,000

19,500 sqft · 4.30 AC lot

High‑visibility location on US 2 with 4.3 acres for future expansion.
19,500 sq ft plaza built with high‑quality materials and standards.
Currently operating with 8 tenants and generating almost $30K in gross lease income.
Ample parking with black‑topped areas accommodating up to 85 vehicles.
Includes a detached 38x28 garage and additional storage building.

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Commercial Building on US 2

135 CLOVERLAND DR E, Ironwood, MI 49938

$149,900

2,700 sqft · 0.20 AC lot

2700 sq ft commercial building with limitless potential.

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Commercial Building on US 2

135 E Cloverland Drive, Ironwood, MI 49938

$149,900

2,781 sqft · 0.20 AC lot

2700 sq ft commercial building with limitless potential.

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Downtown Mixed-Use Apartment & Retail

101 N Lowell Street, Ironwood, MI 49938

$599,000

13,062 sqft · 1.44 AC lot

Brick apartment building with adjacent street-level commercial space and an upper two-bedroom unit, plus onsite amenities.

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Historic Office Building with Loft Apartment

216 E Aurora Street, Ironwood, MI 49938

$549,900

7,093 sqft · 0.13 AC lot

Renovated office spaces with a fully updated loft and apartment, plus separate entries, garage access, and shared hall circulation.

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Casual Dining Restaurant Building

113 S Massie Street, Bessemer, MI 49911

$114,900

3,600 sqft · 0.30 AC lot

Restaurant building with new roof, central air, and three-phase power, suited for redesign or reopening as a dining concept.

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Bessemer Commercial Building with Living

208 S Sophie Street, Bessemer, MI 49911

$149,900

3,966 sqft · 0.07 AC lot

Commercial building with living quarters in desired downtown location.

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Historic Office and Loft Building

216 AURORA ST E, Ironwood, MI 49938

$549,900

0.13 AC lot

Renovated multi-use office space with a second-level loft apartment and separate entry, plus drive-in garage and basement access.

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Established Bakery Business Opportunity

230 E Aurora Street, Ironwood, MI 49938

$189,000

1,600 sqft · 0.13 AC lot

Turnkey artisan bakery with equipment, recipes, and real estate.

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Modern Industrial Facility on 5.37 Acres

1700 Iron King Road, Ironwood, MI 49938

$920,000

45,912 sqft · 5.37 AC lot

45,912 SF industrial facility with ample parking and yard.

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Full Log Home with Acreage

5964 E US 2 Highway, Bessemer, MI 49938

$579,000

7,294 sqft · 11.00 AC lot

7000+ sq ft log home with rental income potential.

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COMMERCIAL - Ironwood, MI

100 Bonnie St, Ironwood, MI 49938

$44,900

2,756 sqft · 0.10 AC lot

2,756 sq ft commercial building with upstairs apartment.

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Marenisco Industrial Park Commercial Building

202 Sawmill Lane, Marenisco, MI 49947

$495,000

38,950 sqft · 14.33 AC lot

38,950 SF commercial building on 14 acres with river frontage.

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Mixed-Use Property in Downtown Ironwood

122 W Aurora Street, Ironwood, MI 49938

$97,900

2,100 sqft · 0.08 AC lot

Versatile commercial property with storefront and apartments in revitalized district.

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Modern Industrial Facility on Acreage

1760 Liberty St, Ironwood, MI 49938

$1,000,000

19,304 sqft

Move-in-ready industrial facility with acreage and US-2 access.

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NNN Lease Dollar General Investment

1406 US-2, Bessemer, MI 49911

$1,246,000

9,100 sqft

New 2020 Dollar General with long-term NNN lease.

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Commercial Building with Apartment

100 Bonnie Street, Ironwood, MI 49938

$44,900

2,756 sqft · 0.10 AC lot

2,756 sq ft commercial building with upstairs apartment.

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Turn-Key Restaurant with Seating

106 E Cloverland Drive, Ironwood, MI 49938

$200,000

1,406 sqft

Turn-key restaurant offering seating for 45, included equipment and furnishings, and plenty of parking near US 2.

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Historic Building in Downtown Bessemer

304 S Sophie, Bessemer, MI 49911

$109,900

4,320 sqft

Two-story historic building with charm and character in downtown Bessemer.

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Vintage Motel with Income Potential

663 E Cloverland Dr, Ironwood, MI 49938

$519,000

8,000 sqft

Investment opportunity: motel with houses in Ironwood, Michigan.

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Downtown Corner Flex/Industrial Space

101 E Aurora, Ironwood, MI 49938

$429,000

10,800 sqft

10,800 SF flex/industrial space in downtown Ironwood.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Gogebic County, MI, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

Off-Market Properties in Gogebic County, MI

Consider similar Off-Market properties in Gogebic County, 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.

HOMES (RETIRED, NURSING)

126 Arch St, Ironwood, MI 49938-1900

Value Estimation by Request

17,548 sqft · 0.97 AC lot

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AUTO REPAIR, GARAGE

30 Newport Hts, Ironwood, MI 49938

Value Estimation by Request

3,000 sqft · 0.55 AC lot

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Gogebic County, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Gogebic County, MI, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 228,878 square feet of properties for sale, with an estimated market value of $12,603,900.

Sale prices for business properties in Gogebic County, MI start at $44,900, averaging $547,995, and reaching up to $2,500,000 — 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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