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Conventional Restaurant with Patio
For Sale
$204,900

N11582 Black River Rd, Ironwood, MI 49938

Operating dining property with bar service, group seating, and an outdoor patio near Powderhorn Ski Hill.

Property Size1,952 SF
Price / SF$104.97
Days on Market991

Property Features for N11582 Black River Rd

General Information

Standard status Active
Size 1,952 SF
Property subtype Business Opportunities

Additional Details

Business Included Yes
Patio Yes

Amenities

Window/Wall Unit
3
Carpet
Asphalt, Shingle

Building Details

Year Built 1970
Construction partial log frame
Listing Agency: FIRST WEBER, INC
Listed By: TAMMY KAURANEN · License #6506047069
Source: Xome
Added: Nov 25, 2023 Changed: Aug 11 Last Checked: Aug 12 at 3:18AM

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 FIRST WEBER, INC

Investment Insights

Based on property information with market context.

Operating conventional restaurant with a substantial bar area, interior seating for smaller and larger dining groups, and an exterior patio. The building includes a partial log frame that contributes to its rustic character, along with window or wall unit climate control and carpeted interior areas.

The property is located at N11582 Black River Rd in Ironwood, Michigan, near Powderhorn Ski Hill and the Black River Valley. Built in 1970, the restaurant combines a dining room, bar-focused layout, and outdoor seating area in a destination-oriented setting.

Key Highlights

  • Operating conventional restaurant with bar area and interior dining space
  • Exterior patio for seasonal seating
  • Partial log‑frame construction

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Restaurant HVAC Service (Bike/Boat/Book/etc) Store Accounting Firm Nursing Home Bed & Breakfast

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby
Under-served
Demand for This Use

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating dining property with bar service, group seating, and an outdoor patio near Powderhorn Ski Hill.
Where is this conventional restaurant located?
The property is located at N11582 Black River Rd Ironwood, MI.
What is the asking price?
The asking price for this property is $204,900.
What are key features of this property?
This property features: Operating conventional restaurant with bar area and interior dining space; Exterior patio for seasonal seating; Partial log‑frame construction
More about this property
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