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Mixed-Use Property with Event Stage
For Sale
$269,000

204 W Aurora Street, Ironwood, MI 49938

COM/IND/BUS OPP, Ironwood, MI

Property Size2,304 SF
Lot Size0.09 Acres
Price / SF$116.75
Days on Market8

Property Features for 204 W Aurora Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description Commercial
Lot features Main Street, Downtown Dev Authority
Subdivision Ironwood (27006)
Standard status Active
Size 2,304 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 2309

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Roof type Asphalt
Listing Agency: NORTHERN TRAILS REALTY
Listed By: DEAN LANTTA · License #50339094
Added: Aug 19 Last Checked: Aug 26 at 4:06AM
MLS# 50219033

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.

This 2,304-square-foot mixed-use building combines a bar restaurant and pizzeria music venue with a refurbished two-bedroom apartment on the upper level. The property includes newer appliances, a newly built rear stage, forced-air heating, central air, public water, and an asphalt roof. The business and real estate are offered together.

Built in 1900 on 0.09 acres, the building occupies a downtown Ironwood location along a main thoroughfare. Commercial zoning supports the existing combination of restaurant, entertainment, and residential components. The upstairs apartment can accommodate owner occupancy or rental use, while the rear stage provides a dedicated area for events and live performances.

Key Highlights

  • 2,304‑square‑foot mixed‑use building with restaurant, music venue, and upstairs apartment
  • Refurbished 2‑bedroom apartment on the upper level
  • Newly built stage at the rear of the building

Property Analytics

Current Use

Midway Bar Bar & Pub

Suggested Use

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

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

382
Businesses Nearby
5k
Monthly Visits Nearby

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

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?
Mixed-use property - Commercially zoned building combines restaurant operations with a two-bedroom upstairs apartment.
Where is this mixed-use property located?
The property is located at 204 W Aurora Street Ironwood, MI.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: 2,304‑square‑foot mixed‑use building with restaurant, music venue, and upstairs apartment; Refurbished 2‑bedroom apartment on the upper level; Newly built stage at the rear of the building
More about this property
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