Storefront Building with Display
For Sale
Under Contract
$69,900
318 N Lake Street, Ironwood, MI 49938
COM/IND/BUS OPP, Ironwood, MI
Property Size3,264 SF
Lot Size0.23 Acres
Price / SF$21.42
Days on Market74
Property Features for 318 N Lake Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Zoning description
Commercial
Parking features
Parking Lot
Subdivision
Ironwood (27006)
Standard status
Active Under Contract
Size
3,264 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
2155
Utilities
Heating system
Hot Water(Heating)
Water source
Public
Listing Agency:
ZAK'S REALTY
(906) 932-2688
Listed By:
NANCY ZAK · License #6501351668
(906) 364-5948
Added: Jul 15
Changed: Sep 1
Last Checked: Sep 26 at 9:06AM
MLS# 50215111
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 3,264-square-foot commercial building occupies 0.23 acres and is configured for storefront or retail use. Two front entrances open into separate display areas, while the main interior includes two sizable rooms with original hardwood floors. Two additional rooms are positioned toward the rear. Exterior basement access adds service flexibility, and the property includes a parking lot.
The building is near US Hwy 2 and directly adjacent to the ATV/Snowmobile trail and Iron Belle trail system. Building systems include a newer hot water boiler, circuit breakers, and public water service. There are currently no bathrooms, although plumbing is in place for two. The property is zoned Commercial and was formerly operated as an antiques business.
The building is near US Hwy 2 and directly adjacent to the ATV/Snowmobile trail and Iron Belle trail system. Building systems include a newer hot water boiler, circuit breakers, and public water service. There are currently no bathrooms, although plumbing is in place for two. The property is zoned Commercial and was formerly operated as an antiques business.
Key Highlights
- 3,264 SF commercial building on 0.23 acres
- Two front entrances with separate display rooms
- Two main interior spaces with original hardwood flooring
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercially zoned building offers multiple interior areas, parking, and proximity to US Hwy 2 and regional trail systems.
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 SF commercial building on 0.23 acres; Two front entrances with separate display rooms; Two main interior spaces with original hardwood flooring
