Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    N11582 Black River Rd Ironwood, MI 49938

    New
    Under Contract
    For Sale
    $204,900

    Business - Ironwood, MI

    Type:Business
    Property size:
    1,952 SF
    Lot size:
    1.95 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for N11582 Black River Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active Under Contract
    Zoning
    Commercial
    APN
    03-00-144-900
    Patio and Porch features
    Patio, Deck
    Interior features
    ADA Accessible, Cable Internet Installed, Carpet, Delivery Door, Electric Available, Fixtures, Furniture, Occupied, Primary Power, Public Restrooms, Security Equipment, Sheet Flooring, Telephone, Fiber Optic Internet
    Exterior features
    Ada Accessible, Deck/Patio, Wheelchair Access
    Accessibility
    Accessible Approach with Ramp
    Size
    1,952 SF
    Lot size
    1.95 Acres

    Utilities

    Utilities
    Electricity Available, Phone Available
    Heating system
    Forced Air
    Cooling system
    Wall/Window Unit(s)

    Building Details

    Year built
    1970
    Flooring type
    Carpet
    Building materials
    Log
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    FIRST WEBER, INC (906) 667-6366

    Listing agent TAMMY KAURANEN (906) 667-6366 License #6506047069

    Listing date Dec 2, 2025

    MLS# 50128987 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

    Turn-Key Restaurant Opportunity in Ironwood

    This operational restaurant for sale presents an opportunity for a turn-key business in the Upper Peninsula. The property includes a large bar area suitable for social events, and an interior with ample seating for both small and large groups. An exterior patio provides additional space for customers. Located near Powderhorn Ski Hill, the Black River Valley Pub is a destination for skiers and snowboarders. The building features a partial log frame. The property is zoned commercial and has a lot size of 1.95 acres. The building size is 1952 square feet. The property is located in Ironwood, MI.
    Location Intelligence

    Current Use by Public Records

    Pubs

    Suggested Use

    Restaurant Clothing Store Accounting Firm Hotel & Motel HVAC Service Smoke and Vape Shop Nursing Home Bed & Breakfast Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Ironwood
    County
    Gogebic
    State
    Michigan
    Longitude
    -90.087549596615
    Latitude
    46.515425992373

    Nearby Similar for Sale

    • $215,000
      5,952 SF

      Downtown Ironwood Mixed-Use Investment Property

      Unique investment opportunity in historic downtown Ironwood, Michigan.
      105 S Suffolk St, Ironwood, MI 49938
      View Details
    • $219,900
      2,862 SF

      Historic Ironwood Property with Updates

      Updated historic property with endless potential in a prime location.
      400 Silver St, Ironwood, MI 49938
      View Details
    • $199,000
      1,600 SF

      Established Bakery in Downtown Ironwood

      Turnkey bakery business for sale in downtown Ironwood, Michigan.
      230 E Aurora St, Ironwood, MI 49938
      View Details
    • $160,000
      2,781 SF

      Commercial Building on US 2

      2700 sq ft commercial building with limitless potential.
      135 E Cloverland Dr, Ironwood, MI 49938
      View Details
    • $160,000
      0.20 Acres

      Commercial Building on US 2

      2700 sq ft commercial building on US 2.
      135 Cloverland Dr E, Ironwood, MI 49938
      View Details
    • $117,900
      2,100 SF

      Downtown Ironwood Mixed-Use Investment

      Mixed-use property with commercial space and apartments in downtown Ironwood.
      122 W Aurora St, Ironwood, MI 49938
      View Details

    FAQs

    What type of property is this?
    Pub - Operational restaurant with bar and patio near Powderhorn Ski Hill.
    Where is this pub located?
    The property is located at N11582 Black River Rd Ironwood, MI.
    What is the asking price?
    The asking price for this property is $204,900.
    What are key features of this property?
    This property features: - Turn-key, operational restaurant business opportunity.; - Located near Powderhorn Ski Hill, attracting skiers and snowboarders.; - Large bar area and ample interior seating for diverse groups.
    (906) 667-6366
    Request Owner's contact information
    N11582 Black River Rd Ironwood, MI 49938
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    N11582 Black River Rd
    Ironwood, MI 49938
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    N11582 Black River Rd Ironwood, MI 49938
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.