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Mixed-Use Building with Garage
For Sale
$499,900

216 E AURORA ST, Ironwood, MI 49938

CommercialSale, Ironwood, MI

Property SizeContact for details
Lot Size0.13 Acres
Days on Market149

Property Features for 216 E AURORA ST

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 5
Bathrooms 5
Full bathrooms 2
Half bathrooms 3
Rooms Bathroom 4, Bedroom 5, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 3, Bathroom 5, Bathroom 1
Parking features On Street, Garage
Interior features Storage
Lot features Level
Directions From Watersmeet: US 2 West to Ironwood. Left on N Lake St. Right on E Ayers, Left on Norfolk St, Right on E Aurora.
Standard status Active
APN 2752-22-329-090
Lot size 0.13 Acres

Additional Details

Property Use Office

Taxes and HOA fees

Tax Description LOT 15 BLOCK 21 ORIGINAL PLAT
Legal Description LOT 15 BLOCK 21 ORIGINAL PLAT

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Flooring type Tile, Concrete, Laminate, Carpet, Vinyl, Wood
Building materials Brick, Frame, Stone
Roof type Rubber, Metal
Additional Structures Storage
Buildings 1
Listing Agency: REDMAN REALTY GROUP, LLC
Listed By: RACHEL MARTIN · License #60346 - 90
Added: Jun 3 Changed: Oct 25 Last Checked: Oct 29 at 2:06AM
MLS# 217595

Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This brick, frame, and stone mixed-use building offers business space on the main floor and separate residential accommodations above. The main level provides more than 4,200 square feet, with multiple office areas that can be rearranged and a shared corridor. Interior improvements include updated electrical and lighting, while terrazzo flooring remains beneath carpet in some areas. A separate second-floor entrance leads to a renovated three-bedroom loft with 1.5 bathrooms, laundry, a living area, kitchen, dining space, and hot tub room. Skylights, red oak floors, and a patio connection add to the loft’s features. A separate two-bedroom, one-bath apartment has a long-term renter.

The 0.13-acre property includes a climate-controlled underground garage with capacity for up to eight vehicles and access from two points on the main level. Built in 1900, the building is served by public water and sewer. The loft is currently used for nightly stays, while the main-level office spaces are available for rent or lease.

Key Highlights

  • Main level offers over 4,200 sq ft with multiple office areas
  • Renovated upper‑level loft has 3 bedrooms, 1.5 bathrooms, laundry, kitchen, and hot tub room
  • Separate 2BD, 1 BA apartment has a long‑term renter

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

St. Vincent de ... Discount Store North Country Sun Publishing House

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Grocery & Convenience Store Storage Facility

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

403
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The upper floor combines a furnished-ready nightly rental loft with a separate two-bedroom apartment occupied by a long-term renter.
Where is this mixed-use property located?
The property is located at 216 E AURORA ST Ironwood, MI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Main level offers over 4,200 sq ft with multiple office areas; Renovated upper‑level loft has 3 bedrooms, 1.5 bathrooms, laundry, kitchen, and hot tub room; Separate 2BD, 1 BA apartment has a long‑term renter
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