Five-Unit Retail Corner Complex

216 Roosevelt Street Ironwood, MI 49938

Claim this Listing
For Sale
$410,000

COMMERCIAL - Ironwood, MI

Property size:
6,720 SF
Lot size:
1.28 Acres
Price / SF:
$61/SF
Added:
Dec 15, 2025
Days on Market:
209
Last Refresh:
Jul 12 at 1:06 am

Property Features for 216 Roosevelt Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking features
Off Street, Parking Lot
Exterior features
Wheelchair Access
Accessibility
Accessible Approach with Ramp
Standard status
Active
Size
6,720 SF
Lot size
1.28 Acres

Utilities

Heating system
Zoned, Radiant Floor, Radiant
Water source
Public

Building Details

Year built
1992
Roof type
Asphalt, Rubber

Listing agent JANICE WYSSLING

Listing office THE REAL ESTATE STORE 527 Lake St, Ironwood, MI

Listing date Dec 15, 2025

MLS# 50196202

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 five-unit commercial complex includes a 6,720-square-foot building configured to support multiple tenants, with four established businesses currently under lease. One additional unit is expected to become available at the end of 2025, offering an owner-occupant opportunity or continued leasing for the remaining tenants.

The property sits on a prominent corner lot just off US-2 in Ironwood, MI. It features multiple curb cuts and private parking in both the front and rear, supporting customer access as well as deliveries. The site measures approximately 140 x 400 feet, and the property is identified as Commercial zoning.

Key Highlights

  • Five‑unit commercial complex with four established tenant businesses currently under lease
  • One additional unit becomes available at the end of 2025 for owner‑occupant or leasing use
  • 6,720 SF building on a 140 x 400 ft lot on a corner lot just off US‑2

Property Analytics

Property Profile 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?
Strip mall - Five-unit commercial strip hosts four leased businesses, with one unit scheduled to open end of 2025.
Where is this strip mall 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 commercial complex with four established tenant businesses currently under lease; One additional unit becomes available at the end of 2025 for owner‑occupant or leasing use; 6,720 SF building on a 140 x 400 ft lot on a corner lot just off US‑2
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