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Restaurant Building with Newer Roof
For Sale
$60,000

202 W Genesee Street, Iron River, MI 49935

COM/IND/BUS OPP, Iron River, MI

Property Size3,236 SF
Lot Size0.08 Acres
Price / SF$18.54
Days on Market264

Property Features for 202 W Genesee Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description Commercial
Parking features Parking Lot, Off Street
Lot features Corner Lot, Main Street
Subdivision Iron River (36010)
Standard status Active
Size 3,236 SF
Lot size 0.08 Acres

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1937
Roof type Flat, Rubber
Listing Agency: KELLER WILLIAMS CLASSIC REALTY NW · Keller Williams Realty
Listed By: NICOLE HEBERT · License #43811
Added: Dec 17, 2025 Changed: Sep 7 Last Checked: Sep 7 at 6:06PM
MLS# 50196262

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 3,236-square-foot commercial building was constructed in 1937 and formerly operated as a supper club. The property has a newer rubber flat roof, central air, forced-air heating, public water, and a completed clean-out. Electrical service work is currently in progress, and the building is being offered as-is.

Located at 202 W Genesee Street in Iron River, the 0.08-acre property carries Commercial zoning. Its existing layout may support restaurant, retail, fitness, salon, food service, or mixed-use plans subject to applicable approvals. Parking is provided through an on-site lot and off-street spaces. The property is near ATV and snowmobile trails, with lakes and rivers in the surrounding Northwoods area.

Key Highlights

  • 3,236‑square‑foot commercial building on a 0.08‑acre lot
  • Commercial zoning at 202 W Genesee Street, Iron River, MI 49935
  • Constructed in 1937; formerly operated as a supper club

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Dental Office (Bike/Boat/Book/etc) Store Furniture & Home Goods Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

348
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Dining 29% Apparel 10% Hotels & Casinos 5%
Holiday Station Store Shops & Services
12,410 visits/mo 0.1 miles
McDonald's Dining
11,498 visits/mo 0.4 miles
Dollar General Shops & Services
4,686 visits/mo 0.4 miles
Windsor Apparel
3,888 visits/mo 0.3 miles
Family Dollar Shops & Services
3,774 visits/mo 0.3 miles

Demographics for 49935, MI

5,952
Population
4,610
Households
1.3
Avg Household Size
51
Median Age
20%
College-Educated
93%
High-School Grad
457.0 sq mi
ZIP Area
13
Density / Sq Mi
$52,254
Median Household Income
$38,052
Median Earnings
$445
Median Rent
$103,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial building with central air, forced-air heat, and on-site parking.
Where is this conventional restaurant located?
The property is located at 202 W Genesee Street Iron River, MI.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: 3,236‑square‑foot commercial building on a 0.08‑acre lot; Commercial zoning at 202 W Genesee Street, Iron River, MI 49935; Constructed in 1937; formerly operated as a supper club
More about this property
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