Ironwood, MI Commercial Real Estate for Sale

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28 properties

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Updated: Apr 8

Shopping Center with Expansion Land

629 W Cloverland Drive, Ironwood, MI 49938

$2,500,000

20,975 sqft 4.30 AC lot

4.3 acres across 2 parcels with room for future expansion
19,500‑square‑foot plaza with 7 tenants plus an additional 800‑square‑foot building and 8th tenant
Paved parking front and rear for up to 85 vehicles
38x28 detached garage plus an additional storage building
Off US 2 with additional access from a back city street

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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

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Mixed-Use Property with Event Stage

204 W Aurora Street, Ironwood, MI 49938

$269,000

2,304 sqft 0.09 AC lot

Commercially zoned building combines restaurant operations with a two-bedroom upstairs apartment.

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See what stands out in Gogebic County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Local Demand available after sign in

Modern Industrial Facility on 5.37 Acres

1700 Iron King Rd, 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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Storefront Retail Building with Basement

135 E Cloverland Drive, Ironwood, MI 49938

$129,900

2,781 sqft 0.20 AC lot

Commercial storefront with ramp access, blacktop parking, delivery access, and unfinished interior areas for customization.

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Historic Apartment Building With Mixed-Use Annex

101 N Lowell Street, Ironwood, MI 49938

$599,000

13,062 sqft 1.44 AC lot

Multifamily property with an adjacent commercial suite, apartment, detached garage, parking, and on-site storage.

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Renovated Mixed-Use Building

216 E Aurora Street, Ironwood, MI 49938

$509,900

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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Modern Industrial Facility on Acreage

1760 Liberty St, Ironwood, MI 49938

$1,000,000

19,304 sqft 7.00 AC lot

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

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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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Mixed-Use Building with Apartment

126 E Aurora Street, Ironwood, MI 49938

$225,000

2,068 sqft 0.06 AC lot

Two-level property combines commercial space with a one-bedroom residential unit.

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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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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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Church with Finished Basement

301 E Aurora Street, Ironwood, MI 49938

$99,900

7,688 sqft 0.26 AC lot

Original carved woodwork and stained-glass windows give the interior distinctive architectural character.

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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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Specialty Commercial Building with Basement

135 CLOVERLAND DR E, Ironwood, MI 49938

$129,900

0.20 AC lot

As-is commercial building with delivery access, an accessibility ramp, and unfinished interior areas.

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Renovated Mixed-Use Building with Loft

216 AURORA ST E, Ironwood, MI 49938

$509,900

0.13 AC lot

Flexible commercial property with renovated office areas, a separate residential level, and climate-controlled garage space.

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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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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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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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Storefront Building with Display Rooms

318 N Lake Street, Ironwood, MI 49938

$69,900

3,264 sqft 0.23 AC lot

Commercially zoned building offers multiple interior areas, parking, and proximity to US Hwy 2 and regional trail systems.

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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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Storefront with Display Window

136 W Aurora Street, Ironwood, MI 49938

$64,500

2,600 sqft 0.05 AC lot

Commercially zoned space includes open sales area, storage, forced-air heating, and a fenced yard.

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Working Farm with Orchards

11101 N Vanderhagen, Ironwood, MI 49938

$639,000

40.00 AC lot

Historic farmstead combining a brick farmhouse, agricultural improvements, orchard plantings, vineyard, pasture, and water features.

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Commercial Building with Apartment

100 Bonnie Street, Ironwood, MI 49938

$39,900

2,756 sqft 0.10 AC lot

2,756 sq ft commercial building with upstairs apartment.

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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 28 active listings on our real estate platform. These investment opportunities span a total of 194,016 square feet of properties for sale, with an estimated market value of $15,469,425.

Sale prices for business properties in Ironwood, MI start at $39,900, averaging $618,777, 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.

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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	$493.9K

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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