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Downtown Corner Storefront
For Sale
$429,000

101 E Aurora Street, Ironwood, MI 49938

COM/IND/BUS OPP, Ironwood, MI

Property Size10,800 SF
Lot Size0.08 Acres
Price / SF$39.72
Days on Market1255

Property Features for 101 E Aurora Street

General Information

Property type Commercial Sale
Property subtype Other
Lot features Bus Service To Site, Corner Lot, Main Street
Subdivision Ironwood (27006)
Standard status Active
Size 10,800 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2020
Tax Annual Amount 5786

Utilities

Heating system Forced Air
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 1940
Listing Agency: THE REAL ESTATE STORE
Listed By: ELLEN WYSSLING · License #UPAR-6502365975
Added: May 1, 2023 Changed: Sep 15 Last Checked: Oct 6 at 2:06PM
MLS# 50107377

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 10,800-square-foot storefront property, constructed in 1940, offers open-concept commercial areas arranged across three finished floors. The interior includes carpeted space, substantial natural daylight, suspended directional lighting, fluorescent fixtures, and updated bathroom fixtures. North and west entrances feature double-door heated vestibules, while three natural-gas furnaces and rooftop central air units support year-round operations.

The building occupies a downtown corner at 101 E Aurora Street in Ironwood, Michigan, along Business US-2. Two sides feature large thermal windows oriented toward pedestrian and vehicle activity. The property is attached to the Historic Ironwood Theater and sits across from the developed City Square. Public water service is available.

Key Highlights

  • 10,800 square feet of open‑concept commercial space
  • Downtown corner location along Business US‑2
  • Two walls of large thermal windows

Property Analytics

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Current Use

BBZ & Insurance Agency Insurance Agency Constantini's Home Decor Store

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic HVAC Service Grocery & Convenience Store

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

340
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 65% Dining 35%
Ben Franklin Shops & Services
2,528 visits/mo 0.1 miles
Domino's Pizza Dining
1,602 visits/mo 0.1 miles
Carquest Auto Parts Shops & Services
450 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

  • Stems Flower Shop — 215 S Lowell St, Ironwood, MI 49938

Frequently Asked Questions

What type of property is this?
Storefront property - Flexible open-plan commercial space with natural light, multiple entrances, updated restrooms, and heating and cooling systems.
Where is this storefront property located?
The property is located at 101 E Aurora Street Ironwood, MI.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: 10,800 square feet of open‑concept commercial space; Downtown corner location along Business US‑2; Two walls of large thermal windows
More about this property
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