112 Lowell StIronwood, MI 49938

  • Retail properties
  • 5,160 SF
For Sale
$249,900 View listing

Property Details for 112 Lowell St

Year built
1900
Lot size
0.07 AC
Property size (Sq ft)
5,160 SF
Zone code
C-2
Property type
Retail properties
Property subtype
Bars
APN
52-22-330-020
APU
5222330020

Description

This exceptional 7,740 square foot industrial property, situated on a 0.07-acre lot at 112 S Lowell in Ironwood, MI, presents a remarkable investment opportunity. Originally constructed in 1900 as the Michigan Bell Company, this building boasts a rich history and prime downtown location, one of only two remaining bars in the area. Its adjacency to the Cold Iron establishment offers synergistic potential for complementary businesses, particularly those specializing in food services. The property features updated bathrooms and flooring, fresh paint, and a ready-to-use kitchen. Ample storage space is available in the basement, along with a dedicated office area. The expansive top floor provides a blank canvas for creative development, with possibilities ranging from apartments or studio living spaces to unique indoor entertainment venues. The property also includes an outdoor patio area, suitable for conversion into a garden or seating area. The asking price is $249,900, and the seller is highly motivated. This is a rare chance to acquire a piece of Ironwood's history and transform it into a thriving enterprise. Don't miss this chance to capitalize on the unique potential of this versatile property.

112 Lowell St, Ironwood, Michigan
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Location Insight

City
Ironwood
County
Gogebic
State
Michigan
Latitude
46.4543
Longitude
-90.1701

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,507
$3,901
$61,072
$64,973
-
$7,802
$122,144
$129,946

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