Turnkey Restaurant and
130 Washington Avenue Iron River, MI 49935
For Sale
$199,000
COMMERCIAL - Iron River, MI
Property Size2,923 SF
Lot Size0.45 Acres
Price / SF$68.08
Days on Market199
Property Features for 130 Washington Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Standard status
Active
Size
2,923 SF
Lot size
0.45 Acres
Utilities
Heating system
Forced Air
Cooling system
Central Air, Exhaust Fan (Cooling)
Water source
Public
Building Details
Year built
1932
Roof type
Shingle
Listing Agency:
KELLER WILLIAMS CLASSIC REALTY NW
(763) 463-7500
Listed By:
NICOLE HEBERT · License #UPAR
(906) 284-0216
Added: Jan 12
Changed: Jul 22
Last Checked: Jul 30 at 6:06AM
MLS# 50197464
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.
Formerly Liminal, this 2,923-square-foot commercial restaurant and bar includes a full basement and a turnkey equipment package. The space features a fully remodeled commercial kitchen and premium Captivaire 10' vent hood, with new forced-air heating. Recent updates also include new plumbing and electrical, a newer roof from 2018, new concrete flooring, renovated bathrooms, and fresh interior and exterior paint.
The sale includes a complete lineup of commercial equipment such as stove, fryers, prep tables, a walk-in cooler and freezer, beer coolers, POS system, and a salad bar, supporting immediate operation. A Michigan liquor license is included. There is also a separate residence behind the building with four bedrooms, plus additional room on the third floor that can be finished.
The property consists of four lots and sits on approximately 0.45 acres. The building is commercial-zoned for restaurant and bar use, and is offered for sale with ownership of the real estate and existing operating infrastructure.
The sale includes a complete lineup of commercial equipment such as stove, fryers, prep tables, a walk-in cooler and freezer, beer coolers, POS system, and a salad bar, supporting immediate operation. A Michigan liquor license is included. There is also a separate residence behind the building with four bedrooms, plus additional room on the third floor that can be finished.
The property consists of four lots and sits on approximately 0.45 acres. The building is commercial-zoned for restaurant and bar use, and is offered for sale with ownership of the real estate and existing operating infrastructure.
Key Highlights
- Turnkey restaurant and bar with a Michigan liquor license and fully remodeled commercial kitchen, ready for immediate operation.
- Includes a separate 4‑bedroom residence, offering live/work flexibility, rental income potential, or Airbnb opportunity.
- Extensive recent upgrades, including new plumbing, updated electrical, new forced‑air heating, newer roof (2018), and new concrete flooring.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey 2,923 SF restaurant and bar with full basement, remodeled kitchen, and included commercial equipment.
Where is this conventional restaurant located?
The property is located at 130 Washington Avenue 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: Turnkey restaurant and bar with a Michigan liquor license and **fully remodeled commercial kitchen, ready for immediate operation.**; Includes a separate 4‑bedroom residence, offering live/work flexibility, rental income potential, or Airbnb opportunity.; Extensive recent upgrades, including new plumbing, updated electrical, new forced‑air heating, newer roof (2018), and new concrete flooring.
