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Five-Unit Retail Building

216 Roosevelt Street Ironwood, MI 49938

216 Roosevelt Street, Ironwood, MI, 49938
$410,000
For Sale
$410,000

Five-unit retail complex with four leased spaces and one unit scheduled to open for occupancy at year-end 2025.

Property Size6,720 SF
Lot Size1.29 Acres
Price / SF$61.01
Days on Market217

Property Features for 216 Roosevelt Street

General Information

Standard status
Active
Size
6,720 SF
Lot size
1.29 Acres
Listing agency THE REAL ESTATE STORE
Listed by JANICE WYSSLING
Source Exprealty
Added: Dec 16, 2025 Updated: Jul 20 at 5:01PM Checked: Jul 20 at 5:01PM

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 THE REAL ESTATE STORE


Investment Insights

Based on property information with market context.

This five-unit commercial retail complex includes four established businesses currently under lease. One additional unit is scheduled to become available at the end of 2025, allowing an owner-occupant to relocate into the vacant space while maintaining rental income from the remaining tenants.

The property is situated on a prominent corner lot just off US-2, with multiple curb cuts and private parking available both in front and rear. The building totals 6,720 square feet and sits on a 140 x 400-foot lot, supporting convenient customer access, deliveries, and on-site operations.

Key Highlights

  • Five‑unit retail/commercial complex with four businesses currently under lease
  • One unit becoming available at the end of 2025, offering options for owner‑occupancy or continued rental income
  • 6,720 SF building on a 140 x 400 ft lot

Property Analytics

Location Intelligence

Current Use by Public Records

Assured Storage - Ironwood Storage Facility

Suggested Use

Auto Parts Store Electrical Service Spa & Massage Center Grocery & Convenience Store Law Firm Locksmith (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Storefront property - Five-unit retail complex with four leased spaces and one unit scheduled to open for occupancy at year-end 2025.
Where is this storefront property located?
The property is located at 216 Roosevelt Street Ironwood, MI.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Five‑unit retail/commercial complex with four businesses currently under lease; One unit becoming available at the end of 2025, offering options for owner‑occupancy or continued rental income; 6,720 SF building on a 140 x 400 ft lot
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