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    Ironwood, MI
    Live - Work Space

    Ironwood, MI Live-work Space for Sale

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    Hurley, WI Bessemer, MI Gile, WI Wakefield, MI Mercer, WI Winchester, WI Mellen, WI Marenisco, MI
    Mixed-Use Live-Work Property
    Updated: Nov 5, 2025
    Mixed-Use Live-Work Property

    122 W Aurora Street, Ironwood, MI 49938

    $97,900
    2,100 sqft 0.08 AC lot
    0.08‑acre lot with 2,100 SF mixed‑use live‑work building built in 1920
    Main‑level storefront with large front display windows plus two upper‑level apartments
    Street and alley access for both commercial and residential components
    Detached garage at the rear plus two parking spaces for off‑street parking
    Commercial zoning with public water service
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    This listing looks promising.

    Here's a quick look at some key insights for

    122 W Aurora Street, Ironwood, MI 49938

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $8K
      Annual

    • Price @ 7% Cap

      $119K
      Above asking

    • Property Type

      Retail Stores
      Built 1900
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Ironwood, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Live-Work Building with Apartment
    Live-Work Building with Apartment

    172 LAKE AVE N, Phillips, WI 54555

    $98,500
    0.05 AC lot

    A live-work building with a reception area, four office spaces, kitchenette, and an upstairs one-bedroom apartment.

    View details
    Mixed-Use Property with Heated Garages
    Mixed-Use Property with Heated Garages

    504 Pelham St S, Rhinelander, WI 54501

    $449,900

    Remodeled residence with three beds and heated garages for storage or separate leasing, each with its own meter.

    View details
    Storefront Building with Secure Vault
    Storefront Building with Secure Vault

    195/197 LAKE AVE N, Phillips, WI 54555

    $100,000
    0.11 AC lot

    1894 brick storefront with original wood floors, secure vault, and central air for flexible retail or live-work use.

    View details
    Mixed-Use Property with Showroom
    Mixed-Use Property with Showroom

    1409 Lincoln St, Rhinelander, WI 54501

    $359,000

    Two buildings combine a maintained residence with showroom, office, bathroom, and storage areas.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    City Center Parking Lot Development Site
    City Center Parking Lot Development Site

    407 Turner Avenue NW, Grand Rapids, MI 49504

    $1,475,000
    7,316 sqft 0.32 AC lot

    Parking lot site with 7,316 SF and 0.32-acre area, offered with development options and existing parking.

    View details
    Spacious Commercial Building on M-65
    Spacious Commercial Building on M-65

    4271 N M-65, Hale, MI 48739

    $480,000
    5,500 sqft 4.00 AC lot

    Large commercial building with living space on heavily traveled M-65.

    View details
    Kalamazoo Land For Sale
    Kalamazoo Land For Sale

    209 E North Street, Kalamazoo, MI 49007

    $55,000
    0.16 AC lot

    Land zoned Live Work 1 with downtown views.

    View details
    Prime Amherst Development Opportunity
    Prime Amherst Development Opportunity

    220 Meyer Road, Buffalo, NY 14226

    $800,000
    0.65 AC lot

    0.65 acre commercial lot in a high-traffic area.

    View details

    Ironwood, MI Live-Work Space Market Trends and Statistics

    Explore 1 live-work space for sale in Ironwood, MI on our real estate platform. These investment opportunities span a total of 2,100 square feet of properties for sale, with an estimated market value of $97,900.

    Sale prices for live-work properties in Ironwood, MI average $97,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 2
    Office buildings 1

    Demographics Overview

    Population 7,424
    Population Growth (5Y) -1.2%
    Median Household Income $44,379
    College Educated 32.5%

    High-Yield Neighborhoods for Investment

    Identify Ironwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49938 $97.9K

    Taxes & Financing

    Tax Rate (average for all types) 5.37%
    Property Tax per SF $85.36 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gogebic County

    New Delisted

    Total CRE Inventory on Market (SF)

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