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Retail Building with Full Basement
For Sale
$149,900

135 Cloverland Dr E, Ironwood, MI 49938

Existing commercial improvements include parking, accessible entry, delivery access, and unfinished bar and restroom areas.

Property Size2,781 SF
Price / SF$55.52
Days on Market91

Property Features for 135 Cloverland Dr E

General Information

Standard status Active
Size 2,781 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Amenities

blacktop parking area
wheelchair ramp
side delivery door
unfinished bar and bathroom areas
full unfinished basement

Building Details

Building Size 2,781 SF
Buildings 1
Listing Agency: Redman Realty Group, LLC
Listed By: Rachel Martin · License #60346 - 90
Source: Northwoodswi
Added: May 11 Changed: Aug 6 Last Checked: Aug 9 at 1:00PM

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 Redman Realty Group, LLC

Investment Insights

Based on property information with market context.

The 2,700-square-foot retail building is offered in as-is condition and includes a blacktop parking area, wheelchair ramp, and side delivery door. Interior improvements include unfinished bar and bathroom areas, while the full unfinished basement provides additional storage space and could accommodate a walk-in cooler.

The property fronts US 2 in Ironwood, Michigan, with direct highway access. Its existing commercial layout and unfinished areas provide a foundation for a buyer prepared to complete the remaining work. The address is 135 Cloverland Dr E.

Key Highlights

  • 2,700 sq ft commercial building on US 2
  • Full unfinished basement for additional storage
  • Blacktop parking area and wheelchair ramp

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Real Estate Agency Plumbing Service Grocery & Convenience Store Daycare Center 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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby
74k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 32% Groceries 22% Shops & Services 20% Dining 14%
Super One Foods Groceries
15,846 visits/mo 0.2 miles
Marshalls Apparel
13,225 visits/mo 0.3 miles
Holiday Station Store Shops & Services
9,621 visits/mo 0.5 miles
Dunham's Sports Apparel
8,848 visits/mo 0.2 miles
Tractor Supply Co. Home Improvements & Furnishings
7,520 visits/mo 0.3 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

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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Frequently Asked Questions

What type of property is this?
Retail space - Existing commercial improvements include parking, accessible entry, delivery access, and unfinished bar and restroom areas.
Where is this retail space located?
The property is located at 135 Cloverland Dr E Ironwood, MI.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 2,700 sq ft commercial building on US 2; Full unfinished basement for additional storage; Blacktop parking area and wheelchair ramp
More about this property
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