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    101 Aurora St Ironwood, MI 49938

    For Sale
    $425,000

    Downtown Ironwood, MI - 10,800 sq ft

    Property size:
    10,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 10,800 square foot industrial property boasts a prime downtown Ironwood location at 101 E Aurora, situated on a 0.08-acre lot. Its unique corner position on Business US-2, directly across from the newly developed City Square and adjacent to the Historic Ironwood Theater, ensures high visibility and foot traffic. The building offers three finished floors, each providing ample open-concept space ideal for a variety of uses. Imagine the possibilities – a single large operation or multiple subdivided spaces to lease. The building features two walls of expansive thermal windows, maximizing natural light and showcasing the interior to passersby. Interior highlights include carpeted floors, abundant natural daylight, suspended directional spot lighting, and fluorescent lighting. Access is provided via north and west entrances, each featuring double-doored, heated vestibules. The property is equipped with three natural gas furnaces and rooftop central air units for year-round climate control. Recently updated bathroom fixtures add a modern touch. This versatile space presents a rare opportunity to establish a thriving business in a vibrant downtown setting. The asking price is $425,000.

    Property Features for 101 Aurora St

    General Information

    Property type
    Industrial properties
    Square Feet
    10,800 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1940
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Ironwood
    County
    Gogebic
    State
    Michigan
    Longitude
    -90.16944
    Latitude
    46.45369

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    FAQs

    What type of property is this?
    Industrial property - Downtown Ironwood, MI - 10,800 sq ft
    Where is this industrial property located?
    The property is located at 101 Aurora St Ironwood, MI.
    What is the asking price?
    The asking price for this property is $425,000.
    (906) 932-5406
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    101 Aurora St 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
    101 Aurora St Ironwood, MI 49938
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