N11582 Black River Rd Ironwood, MI 49938
- Investment properties
- 1,952 SF
- 1.95 lot acres
Current Use by Public Records
- Investment properties
Property Details for N11582 Black River Rd
- Year built
- 1970
- Lot size
- 1.95 lot acres
- Property size
- 1,952 SF
- Property type
- Investment properties
Description
This thriving restaurant in Ironwood, Michigan, presents a unique turnkey business opportunity. Located at N11582 Black River, the 1,952 square foot establishment sits on a 1.95-acre lot and is priced at $229,999. The property boasts a spacious interior with ample seating to accommodate diverse group sizes, from intimate dinners to larger gatherings. A substantial bar area is ideal for hosting social events and happy hours, contributing to a vibrant atmosphere. An outdoor patio provides additional seating, perfect for enjoying meals during warmer months. Its strategic location near Powderhorn Ski Hill ensures a consistent influx of customers, particularly during the peak ski season. The restaurant's partial log frame construction adds to its rustic charm and appeals to a broad customer base. The existing loyal clientele guarantees a steady stream of revenue throughout the year, making this a compelling investment for both seasoned restaurateurs and aspiring entrepreneurs. This well-established business is ready for a new owner to continue its success.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ironwood
- County
- Gogebic
- State
- Michigan
- Longitude
- -90.0967
- Latitude
- 46.5206