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Storefront Building with Display Rooms
For Sale
$69,900

318 N Lake Street, Ironwood, MI 49938

The building includes two entrances, display rooms, large interior areas, and additional rear rooms.

Property Size3,264 SF
Price / SF$21.42
Days on Market75

Property Features for 318 N Lake Street

General Information

Standard status Active
Size 3,264 SF
Property subtype Industrial

Property Condition

Severity Repairs Needed
Evidence elbow grease and repairs

Amenities

3
Wood
52192

Building Details

Buildings 1
Listing Agency: ZAK'S REALTY
Listed By: NANCY ZAK · License #6501351668
Source: Xome
Added: Jun 19 Changed: Aug 31 Last Checked: Aug 31 at 12:43PM

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 ZAK'S REALTY

Investment Insights

Based on property information with market context.

This 3,264-square-foot storefront building offers a multi-area interior suited to retail or other commercial use. Two front entrances lead to separate display rooms, while the main portion is divided into two spacious areas with original hardwood flooring. Two additional rooms are positioned toward the rear. The property also provides exterior access to the basement.

Located in Ironwood, the building is near US Hwy 2 and directly alongside the ATV and snowmobile trail and Iron Belle trail systems. Building systems include a newer hot water boiler and circuit breakers for the electrical service. There are currently no bathrooms, although plumbing is in place for two.

Key Highlights

  • 3,264‑square‑foot storefront building in Ironwood, MI
  • Two separate front entrances with dedicated display rooms
  • Main interior divided into two large spaces with original hardwood flooring

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Law Firm Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 67% Dining 23% Hotels & Casinos 10%
Holiday Station Store Shops & Services
9,621 visits/mo 0.2 miles
Little Caesars Pizza Dining
3,317 visits/mo 0.2 miles
AmericInn Hotels & Casinos
1,365 visits/mo 0.3 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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Similar Off Market Nearby

  • Stems Flower Shop 215 S Lowell St, Ironwood, MI 49938

Frequently Asked Questions

What type of property is this?
Storefront property - The building includes two entrances, display rooms, large interior areas, and additional rear rooms.
Where is this storefront property located?
The property is located at 318 N Lake Street Ironwood, MI.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: 3,264‑square‑foot storefront building in Ironwood, MI; Two separate front entrances with dedicated display rooms; Main interior divided into two large spaces with original hardwood flooring
More about this property
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