Mixed-Use Property with
130 Washington Ave, Iron River, MI 49935
For Sale
$199,000
A restaurant and bar with a separate four-bedroom home occupy the Iron River property.
Property Size2,923 SF
Price / SF$68.08
Days on Market302
Property Features for 130 Washington Ave
General Information
Standard status
Size
Property subtype
Restaurant
Commercial Hood
Equipment Included
Liquor License
Additional Details
Business Included
Taxes and HOA fees
Annual Taxes
Amenities
Handicap Accessible
Irrigation Sprinklers
Building Details
Building Size
Year Built
Listing Agency:
Keller Williams Classic Realty NW
(906) 284-7249
Listed By:
Nicole Hebert · License #43811
(906) 284-0216
Source:
Birchlandrealty
Added: Jan 12
Changed: Nov 4
Last Checked: Nov 8 at 7:25PM
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 Keller Williams Classic Realty NW
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Investment Insights
Based on property information with market context.
This mixed-use property in Iron River combines a restaurant and bar with a separate four-bedroom house. The commercial space includes a full basement, commercial equipment, a bar setup, and a 10-foot CaptiveAire vent hood. The building dates to 1932 and has a Michigan liquor license.
Improvements include a remodeled kitchen, updated plumbing and electrical, forced-air heating, concrete flooring, renovated bathrooms, and interior and exterior paint. The roof was replaced in 2018. The property is located near snowmobile and recreational trails in Iron County.
Improvements include a remodeled kitchen, updated plumbing and electrical, forced-air heating, concrete flooring, renovated bathrooms, and interior and exterior paint. The roof was replaced in 2018. The property is located near snowmobile and recreational trails in Iron County.
Key Highlights
- Restaurant and bar with a separate 4‑bedroom house
- Full basement, commercial equipment, and bar setup
- 10' CaptiveAire vent hood and Michigan liquor license
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Commercial hood
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
34k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Dining 34%
Home Improvements & Furnishings 22%
Hotels & Casinos 6%
Holiday Station Store
Shops & Services
12,410 visits/mo
0.5 miles
McDonald's
Dining
11,498 visits/mo
0.4 miles
Bigari Ace Hardware
Home Improvements & Furnishings
7,427 visits/mo
0.5 miles
AmericInn of Iron River MI
Hotels & Casinos
2,087 visits/mo
0.4 miles
Carquest Auto Parts - Iron River Auto Supply
Shops & Services
830 visits/mo
0.4 miles
Demographics for 49935, MI
5,952
Population
4,610
Households
1.3
Avg Household Size
51
Median Age
20%
College-Educated
93%
High-School Grad
457.0 sq mi
ZIP Area
13
Density / Sq Mi
$52,254
Median Household Income
$38,052
Median Earnings
$445
Median Rent
$103,800
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A restaurant and bar with a separate four-bedroom home occupy the Iron River property.
Where is this mixed-use property located?
The property is located at 130 Washington Ave Iron River, MI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Restaurant and bar with a separate 4‑bedroom house; Full basement, commercial equipment, and bar setup; 10' CaptiveAire vent hood and Michigan liquor license
