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    Ironwood, MI

    Ironwood, MI Commercial Real Estate for Sale

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    Commercial Kitchen with Bakery Equipment
    Updated: Aug 4
    Commercial Kitchen with Bakery Equipment

    230 E Aurora Street, Ironwood, MI 49938

    $189,000
    1,600 sqft 0.13 AC lot
    1,600‑square‑foot commercial kitchen in a 1953 brick building
    Pavailler steam injection oven, bakery equipment, fixtures, and existing inventory included
    New three‑phase electrical system supports commercial kitchen operations
    Main floor includes two prep stations and an 8x10‑foot walk‑in cooler
    Retail area with bistro seating, large front windows, and customer‑facing production visibility
    View details
    Mixed-Use Building with Restaurant
    Updated: Aug 19
    Mixed-Use Building with Restaurant

    204 W Aurora Street, Ironwood, MI 49938

    $254,900
    2,304 sqft 0.09 AC lot
    Restaurant and bar space with newer commercial appliances and a live‑music stage
    Upper‑level two‑bedroom apartment
    Sale includes the business name, liquor license, appliances, and inventory
    2,304 square feet on a 0.09‑acre parcel
    Commercial zoning at 204 W Aurora Street in Ironwood
    View details
    Shopping Center with Expansion Land
    Shopping Center with Expansion Land

    629 W Cloverland Drive, Ironwood, MI 49938

    $2,500,000
    20,975 sqft 4.30 AC lot

    Established commercial center with multiple suites, on-site parking, public utilities, and adaptable interior layouts.

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    Five-Unit Retail Building
    Five-Unit Retail Building

    216 Roosevelt Street, Ironwood, MI 49938

    $410,000
    6,720 sqft 1.29 AC lot

    Five-unit retail complex with four leased spaces and one unit scheduled to open for occupancy at year-end 2025.

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    15-Unit Apartment Property with Commercial Space
    15-Unit Apartment Property with Commercial Space

    101 N Lowell Street, Ironwood, MI 49938

    $589,000
    13,062 sqft 1.44 AC lot

    A separate two-story building adds street-level commercial space and an updated apartment above.

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    Five-Unit Strip Mall
    Five-Unit Strip Mall

    216 Roosevelt Street, Ironwood, MI 49938

    $410,000
    6,720 sqft 1.28 AC lot

    Commercially zoned property with four leased units, a future vacancy, private parking, and access from multiple curb cuts.

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    Storefront with Basement
    Storefront with Basement

    135 E Cloverland Drive, Ironwood, MI 49938

    $129,900
    2,781 sqft 0.20 AC lot

    An unfinished interior, ramp access, side delivery entry, and paved parking provide practical features for commercial occupancy.

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    Shopping Center with Multiple Structures
    Shopping Center with Multiple Structures

    629 W Cloverland Drive, Ironwood, MI 49938

    Contact for pricing
    20,975 sqft 4.30 AC lot

    Includes three-phase power, HVAC cooling, concrete floors, and security lighting.

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    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    126 E Aurora Street, Ironwood, MI 49938

    $225,000
    2,068 sqft 0.06 AC lot

    A two-level property pairs street-level commercial space with a separate one-bedroom apartment above.

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    Multi-Tenant Shopping Center
    Multi-Tenant Shopping Center

    629 CLOVERLAND DR, Ironwood, MI 49938

    $2,500,000
    4.30 AC lot

    Versatile retail property with multiple suites, supplemental buildings, dedicated parking, and adaptable interior layouts.

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    Office Units with Basement
    Office Units with Basement

    135 E Cloverland Drive, Ironwood, MI 49938

    Contact for pricing
    2,781 sqft

    Basement area includes electricity, natural gas, and water connections.

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    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    216 E Aurora Street, Ironwood, MI 49938

    $499,900
    7,093 sqft 0.13 AC lot

    Flexible commercial and residential configuration with renovated interiors, office suites, a loft, and an apartment.

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    Church with Finished Basement
    Church with Finished Basement

    301 E Aurora Street, Ironwood, MI 49938

    $99,900
    7,688 sqft 0.26 AC lot

    Commercial zoning accompanies a lower level with a kitchen and two bathrooms.

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    Mixed-Use Building with Basement
    Mixed-Use Building with Basement

    216 E Aurora Street, Ironwood, MI 49938

    Contact for pricing
    7,093 sqft 0.13 AC lot

    Commercial/Industrial-zoned property combining apartment, hospitality, office, and retail components in a single building.

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    Mixed-Use Storefront with Apartments
    Mixed-Use Storefront with Apartments

    122 W Aurora Street, Ironwood, MI 49938

    $113,900
    2,100 sqft 0.08 AC lot

    Street-facing display windows, rear parking, and separate upper-floor residences support a combination of commercial and residential occupancy.

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    Hunting Land with Sugarbush
    Hunting Land with Sugarbush

    Black River Road, Ironwood, MI 49938

    $3,175,825
    1,270.33 AC lot

    Expansive gated acreage includes a mature sugarbush, camp, cookhouse, waterways, and maintained gravel roads.

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    100 Bonnie St., Ironwood, MI
    100 Bonnie St., Ironwood, MI

    100 Bonnie St, Ironwood, MI 49938

    Contact for pricing
    2,756 sqft 0.10 AC lot

    2,756 sq ft commercial building with upstairs apartment.

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    Specialty Property with Delivery Access
    Specialty Property with Delivery Access

    135 E CLOVERLAND DR, Ironwood, MI 49938

    $129,900
    0.20 AC lot

    An unfinished bar and bathroom layout is complemented by a full basement and accessible entrance ramp.

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    Downtown Corner Storefront
    Downtown Corner Storefront

    101 E Aurora, Ironwood, MI 49938

    $429,000
    10,800 sqft

    Large thermal windows and open interior areas support adaptable commercial layouts.

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    Mixed-Use Building with Garage
    Mixed-Use Building with Garage

    216 E AURORA ST, Ironwood, MI 49938

    $499,900
    0.13 AC lot

    The upper floor combines a furnished-ready nightly rental loft with a separate two-bedroom apartment occupied by a long-term renter.

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    Turn-Key Restaurant with Seating
    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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    Commercial Building with Apartment
    Commercial Building with Apartment

    100 Bonnie Street, Ironwood, MI 49938

    Contact for pricing
    2,756 sqft 0.10 AC lot

    2,756 sq ft commercial building with upstairs apartment.

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    Restaurant with Bar and Patio
    Restaurant with Bar and Patio

    N11582 Black River Road, Ironwood, MI 49938

    $204,900
    1,952 sqft 1.95 AC lot

    Commercially zoned restaurant with accessible entry and outdoor dining area.

    View details
    Downtown Corner Storefront
    Downtown Corner Storefront

    101 E Aurora Street, Ironwood, MI 49938

    $429,000
    10,800 sqft 0.08 AC lot

    Flexible open-plan commercial space with natural light, multiple entrances, updated restrooms, and heating and cooling systems.

    View details
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    Ironwood, MI Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Ironwood, MI, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 135,836 square feet of properties for sale, with an estimated market value of $13,215,025.

    Sale prices for business properties in Ironwood, MI start at $99,900, averaging $660,751, and reaching up to $3,175,825 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    Ironwood, MI CRE market trends — vacancy, lease rates and price per SF, updated monthly
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    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 $619.4K

    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)

    How Realmo verifies these figures

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    • 49938

    Featured Ironwood Real Estate Agencies

    Realmo connects you with licensed Ironwood CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Northern Trails Realty, LLC
    1710 E Cloverland Drive Ironwood, MI 49938
    Phone: (906) 932-4110
    www.NorthernTrailsRealty.com
    The Real Estate Store Inc
    527 N Lake Street Ironwood, MI 49938
    Phone: (906) 932-5406
    www.upnorthproperty.com
    Zak's Realty Inc
    110 E Aurora St Ironwood, MI 49938
    Phone: (906) 932-2688
    www.zaksrealty.com
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