Mixed-Use Building with Music
For Sale
$254,900
204 W Aurora, Ironwood, MI 49938
A two-bedroom apartment sits above a restaurant and bar, with the business and liquor license included.
Property SizeContact for details
Days on Market74
Property Features for 204 W Aurora
General Information
Standard status
Active
Property subtype
Commercial/Industrial
Zoning
Commercial
Restaurant
Equipment Included
Yes
Liquor License
Yes
Additional Details
Floor
Downstairs
Business Included
Yes
Currently Operating
Yes
Building Details
Year Built
1900
Buildings
1
Stories
2
Listing Agency:
Northern Trails Realty
(906) 932-4110
Listed By:
Dean Lantta · License #50339094
(906) 364-1582
Source:
Jabachler
Added: Aug 19
Changed: Oct 30
Last Checked: Oct 30 at 1:49AM
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 Northern Trails Realty
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Investment Insights
Based on property information with market context.
Built in 1900, this mixed-use property at 204 W Aurora in Ironwood combines a restaurant and bar on the ground floor with a two-bedroom apartment above. The apartment has built-in features and has been refurbished. The restaurant includes newer commercial appliances, and a stage is set up for live music and events.
The sale includes the real estate and the restaurant-bar business, including its name, liquor license, appliances, and inventory. Commercial zoning is in place. The existing owner is willing to help with the business transition.
The sale includes the real estate and the restaurant-bar business, including its name, liquor license, appliances, and inventory. Commercial zoning is in place. The existing owner is willing to help with the business transition.
Key Highlights
- Two‑bedroom apartment above the restaurant and bar
- Restaurant‑bar business and real estate offered together, including the business name and liquor license
- Newer commercial appliances and a stage for live music and events
Property Analytics
Who owns this building?
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
5k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 35%
Ben Franklin
Shops & Services
2,528 visits/mo
0.2 miles
Domino's Pizza
Dining
1,602 visits/mo
0.2 miles
Carquest Auto Parts
Shops & Services
450 visits/mo
0.1 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
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Cap Rate, Value Estimation, Potential NOI and more
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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 two-bedroom apartment sits above a restaurant and bar, with the business and liquor license included.
Where is this mixed-use property located?
The property is located at 204 W Aurora Ironwood, MI.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: Two‑bedroom apartment above the restaurant and bar; Restaurant‑bar business and real estate offered together, including the business name and liquor license; Newer commercial appliances and a stage for live music and events
