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    1 Iron King Rd Ironwood, MI 49938

    For Sale
    $30,000

    Commercial/Industrial - Ironwood, MI

    Property size:
    20,000 SF
    Lot size:
    0.70 Acres
    Days on Market:
    95
    Last Refresh:
    Dec 14 at 9:06 pm

    Property Features for 1 Iron King Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    52-24-178-300
    Parking features
    Off Street
    Interior features
    Electric Available
    Size
    20,000 SF
    Lot size
    0.70 Acres

    Utilities

    Utilities
    Electricity Available

    Building Details

    Year built
    1900
    Building materials
    Brick
    Architectural style
    Other

    FIRST WEBER, INC (906) 667-6366

    Listing agent GAYLE COLASSACO (906) 667-6366

    Listing date Sep 11, 2025

    MLS# 50170837 Listing URL

    Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Jessieville Commercial Building Opportunity

    Located in the Jessieville area, this two-story brick commercial building presents a renovation opportunity. The building, which features a metal roof, previously served as a medical clinic. The interior includes multiple rooms, a half bath, and a full basement. Situated on a hilltop, the property offers views and includes a parking lot at the rear. The lot size is approximately 0.7 acres. The building size is approximately 20000 square feet. The seller has surveyed the land, cleared out the building, and installed new exterior electrical service equipment. The seller is open to negotiating the installation of a new interior panel. While the building currently lacks utilities, water service hookup is available from the City of Ironwood for a fee. City sewer service is not available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ironwood
    County
    Gogebic
    State
    Michigan
    Longitude
    -90.128184152115
    Latitude
    46.457521525942

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    FAQs

    What type of property is this?
    Medical space - Two-story brick building in Jessieville, ready for renovation.
    Where is this medical space located?
    The property is located at 1 Iron King Rd Ironwood, MI.
    What is the asking price?
    The asking price for this property is $30,000.
    What are key features of this property?
    This property features: - Large commercial brick building with metal roof.; - Located in Jessieville with great views.; - Parking lot at the rear of the building.
    (906) 667-6366
    Request Owner's contact information
    1 Iron King Rd Ironwood, MI 49938
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Iron King Rd Ironwood, MI 49938
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