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Mixed-Use Building with Storefront
For Sale
$113,900

122 W Aurora Street, Ironwood, MI 49938

A ground-floor business space is paired with two apartments above, creating a live-work configuration.

Property SizeContact for details
Days on Market359

Property Features for 122 W Aurora Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Commercial/Industrial
Zoning Commercial

Site & Location

Road Access Yes
Mixed-Use Components retail, residential

Units

Unit Mix 2 x apartment
Multifamily Units 2

Amenities

detached garage
Fence Neighbor Owned

Building Details

Year Built 1920
Buildings 2
Tenancy Multi
Listing Agency: First Weber, Inc
Listed By: Kari Seifert · License #650146562
Source: Jabachler
Added: Nov 5, 2025 Changed: Oct 30 Last Checked: Oct 30 at 1:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Weber, Inc

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Investment Insights

Based on property information with market context.

Built in 1920, this mixed-use property combines a street-level commercial space with two apartments on the upper floor. Large display windows face the street, and the commercial area has potential for retail, studio, or office use. The apartments have access from both the street and alley. Commercial zoning applies to the property.

The building is across from Downtown City Square and near the Iron Belle Trail. Downtown shops, restaurants, and cafes are within walking distance. At the rear, a detached garage provides additional storage, and two parking spaces offer off-street parking.

Key Highlights

  • Two upper‑level apartments above a commercial storefront
  • Commercial zoning
  • Large street‑facing display windows

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mattson's TV & Appliance ... Home Appliance Store

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center

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

2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

340
Businesses Nearby

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
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A ground-floor business space is paired with two apartments above, creating a live-work configuration.
Where is this mixed-use property located?
The property is located at 122 W Aurora Street Ironwood, MI.
What is the asking price?
The asking price for this property is $113,900.
What are key features of this property?
This property features: Two upper‑level apartments above a commercial storefront; Commercial zoning; Large street‑facing display windows
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