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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
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    Historic Mixed-Use Office Building
    Updated: Jun 3
    Historic Mixed-Use Office Building

    216 E Aurora Street, Ironwood, MI 49938

    $524,900
    7,093 sqft 0.13 AC lot
    Main level offers over 4,200 sq ft of functional space with multiple office areas available to rent or lease.
    Interior has been comprehensively renovated, including electric and lighting upgrades, plus a complete remodel of the 2nd‑level loft area.
    2nd level features a separate entrance with access to a fully renovated loft plus a 2BD, 1BA apartment with a long‑term renter.
    Loft includes 3 bedrooms, 1.5 bathrooms, laundry room, spacious living area, and a newly designed kitchen with newer appliances and island.
    Loft offers abundant natural light from skylights, red oak flooring, dining area, and a hot tub room with access to a patio and green area.
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    Historic Office Building with Renovated Loft
    Historic Office Building with Renovated Loft

    216 AURORA ST E, Ironwood, MI 49938

    $524,900
    0.13 AC lot

    Renovated office space with a fully renovated 2nd-level loft and apartment, including separate access and shared hall entry.

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    Renovated Office Building with Loft
    Renovated Office Building with Loft

    216 Aurora St, Ironwood, MI 49938

    $524,900

    Flexible office layout with separate loft access, additional residential accommodations, and garage and basement storage.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Office Building with Corner Thermal Windows
    Office Building with Corner Thermal Windows

    101 E Aurora Street, Ironwood, MI 49938

    $429,000
    10,800 sqft 0.08 AC lot

    Three finished floors with open, daylight-filled areas, heated double-doored vestibules, and central air for office use or subdivision.

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    Based on your search, we've compiled 56 Potential Opportunities for your consideration. Besides 5 Active listings in Ironwood, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 47 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Turn-Key Class A Office Space
    Turn-Key Class A Office Space

    118 3rd St E, Ashland, WI 54806

    $899,000
    6,000 sqft 1.40 AC lot

    Class A office space in Ashland, WI near Lake Superior.

    View details
    Industrial Flex Building
    Industrial Flex Building

    919 PARK LN, Park Falls, WI 54552

    $239,900
    3.20 AC lot

    Steel-framed commercial facility combines warehouse capacity, private offices, and multiple service entries.

    View details
    Office Building with Modern Exterior
    Office Building with Modern Exterior

    1151 4th Ave S, Park Falls, WI 54552

    Contact for pricing

    Office building off State Hwy 13 with a newer metal roof, metal siding, brick facade, and ample front and rear parking.

    View details
    Class A Office Space Ashland
    Class A Office Space Ashland

    118 3rd St E, Ashland, WI 54806

    Contact for pricing
    14,400 sqft

    Refurbished office space near Lake Superior with modern amenities.

    View details

    Off-Market Properties in Ironwood, MI

    Consider similar Off-Market properties in Ironwood, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    460 Cloverland Dr
    OFFICE BUILDING

    460 Cloverland Dr, Ironwood, MI 49938-1008

    $310,000
    Estimated value
    1,800 sqft 0.36 AC lot
    View details
    222 Lawrence St, Unit 120
    RADIO OR TV STATION

    222 Lawrence St, Ironwood, MI 49938-2524

    Unit 120
    $290,000
    Estimated value
    1,440 sqft 0.06 AC lot
    View details
    237 Cloverland Dr
    OFFICE BUILDING

    237 Cloverland Dr, Ironwood, MI 49938-1300

    $300,000
    Estimated value
    6,670 sqft 0.61 AC lot
    View details
    919 Cloverland Dr
    OFFICE BUILDING

    919 Cloverland Dr, Ironwood, MI 49938-1551

    $315,000
    Estimated value
    1,680 sqft 2.99 AC lot
    View details
    512 Douglas Blvd
    OFFICE BUILDING

    512 Douglas Blvd, Ironwood, MI 49938-1206

    $280,000
    Estimated value
    1,420 sqft 0.33 AC lot
    View details
    532 Cloverland Dr
    OFFICE BUILDING

    532 Cloverland Dr, Ironwood, MI 49938-1402

    $65,000
    Estimated value
    652 sqft 0.16 AC lot
    View details
    216 Aurora St, Unit 15
    OFFICE BUILDING

    216 Aurora St, Ironwood, MI 49938-2164

    Unit 15
    $170,000
    Estimated value
    8,160 sqft 0.13 AC lot
    View details
    301 Aurora St
    OFFICE BUILDING

    301 Aurora St, Ironwood, MI 49938-2507

    $75,000
    Estimated value
    1,270 sqft 0.12 AC lot
    View details
    315 Aurora St
    OFFICE BUILDING

    315 Aurora St, Ironwood, MI 49938-2113

    $60,000
    Estimated value
    0.13 AC lot
    View details
    222 Ayer St
    OFFICE BUILDING

    222 Ayer St, Ironwood, MI 49938-2040

    $90,000
    Estimated value
    960 sqft 0.30 AC lot
    View details
    220 Suffolk St
    MEDICAL CLINIC

    220 Suffolk St, Ironwood, MI 49938-2128

    $290,000
    Estimated value
    4,559 sqft 0.09 AC lot
    View details
    216 Roosevelt St
    OFFICE BUILDING

    216 Roosevelt St, Ironwood, MI 49938-1737

    $830,000
    Estimated value
    6,720 sqft 0.89 AC lot
    View details
    219 Frederick St
    OFFICE BUILDING

    219 Frederick St, Ironwood, MI 49938-2013

    $355,000
    Estimated value
    9,558 sqft 0.35 AC lot
    View details
    129 Ayer St
    OFFICE BUILDING

    129 Ayer St, Ironwood, MI 49938-2037

    $285,000
    Estimated value
    2,176 sqft 0.09 AC lot
    View details
    250 Midland Ave
    OFFICE BUILDING

    250 Midland Ave, Ironwood, MI 49938-1358

    $350,000
    Estimated value
    9,774 sqft 1.34 AC lot
    View details
    225 Aurora St
    OFFICE BUILDING

    225 Aurora St, Ironwood, MI 49938-2111

    $260,000
    Estimated value
    0.07 AC lot
    View details
    240 Aurora St
    OFFICE BUILDING

    240 Aurora St, Ironwood, MI 49938-2112

    $295,000
    Estimated value
    2,133 sqft 0.13 AC lot
    View details
    601 Luxmore St
    OFFICE BUILDING

    601 Luxmore St, Ironwood, MI 49938-1654

    $330,000
    Estimated value
    3,272 sqft 0.43 AC lot
    View details
    115 Ayer St
    OFFICE BUILDING

    115 Ayer St, Ironwood, MI 49938-2037

    $295,000
    Estimated value
    1,496 sqft 0.34 AC lot
    View details

    Ironwood, MI Office Spaces Market Trends and Statistics

    Explore 52 office spaces for sale in Ironwood, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 19,993 square feet of properties for sale, with an estimated market value of $2,101,600.

    Sale prices for office spaces in Ironwood, MI start at $97,900, averaging $420,320, and reaching up to $524,900 — 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 buildings 2
    Office Units 2

    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 $321.3K

    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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