Five-Unit Strip
For Sale
$410,000
216 Roosevelt Street, Ironwood, MI 49938
COMMERCIAL - Ironwood, MI
Property Size6,720 SF
Lot Size1.28 Acres
Price / SF$61.01
Days on Market248
Property Features for 216 Roosevelt Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Zoning description
Commercial
Parking features
Parking Lot, Off Street
Exterior features
Wheelchair Access
Accessibility
Accessible Approach with Ramp
Subdivision
Roosevelt Plaza
Lot features
Bus Service To Site, Corner Lot, Office Park, Strip Center, Cleared
Standard status
Active
Size
6,720 SF
Lot size
1.28 Acres
Utilities
Heating system
Zoned, Radiant, Radiant Floor
Water source
Public
Building Details
Year built
1992
Roof type
Rubber, Asphalt
Listing Agency:
THE REAL ESTATE STORE
(906) 932-5406
Listed By:
JANICE WYSSLING
(906) 285-0191
Added: Dec 15, 2025
Changed: Aug 4
Last Checked: Aug 20 at 1:06AM
MLS# 50196202
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 five-unit commercial strip mall includes four established businesses currently under lease, with one unit becoming available at the end of 2025. The 6,720-square-foot building is set on a 1.28-acre, 140 x 400-foot lot and offers private parking in front and rear with multiple curb cuts for access. Wheelchair access and an accessible approach with a ramp support accessibility.
The property sits on a prominent corner lot just off US-2, designed for convenient customer flow, deliveries, and site use.
Built in 1992, the building features radiant floor, zoned heating and a roof system described as rubber and asphalt. Water service is listed as public, and parking is offered via off-street parking lot areas.
The property sits on a prominent corner lot just off US-2, designed for convenient customer flow, deliveries, and site use.
Built in 1992, the building features radiant floor, zoned heating and a roof system described as rubber and asphalt. Water service is listed as public, and parking is offered via off-street parking lot areas.
Key Highlights
- Five‑unit commercial strip mall with four businesses under lease and one unit available at end of 2025
- 6,720‑square‑foot building on a 1.28‑acre 140 x 400‑foot lot
- Prominent corner lot just off US‑2 with multiple curb cuts
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
64k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 37%
Groceries 25%
Dining 16%
Home Improvements & Furnishings 12%
Super One Foods
Groceries
15,846 visits/mo
0.1 miles
Marshalls
Apparel
13,225 visits/mo
0.1 miles
Dunham's Sports
Apparel
8,848 visits/mo
0.1 miles
Tractor Supply Co.
Home Improvements & Furnishings
7,520 visits/mo
0.2 miles
Burger King
Dining
6,650 visits/mo
0.2 miles
Demographics for 49938, MI
7,340
Population
4,728
Households
1.6
Avg Household Size
49
Median Age
23%
College-Educated
95%
High-School Grad
225.6 sq mi
ZIP Area
33
Density / Sq Mi
$44,379
Median Household Income
$34,553
Median Earnings
$590
Median Rent
$95,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Strip mall - Five-unit commercial strip mall with four current leases, one unit slated to become available at end of 2025.
Where is this strip mall located?
The property is located at 216 Roosevelt Street Ironwood, MI.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Five‑unit commercial strip mall with four businesses under lease and one unit available at end of 2025; 6,720‑square‑foot building on a 1.28‑acre 140 x 400‑foot lot; Prominent corner lot just off US‑2 with multiple curb cuts
