106 Cloverland Dr Ironwood, MI 49938
Property profile & analytics
106 Cloverland Dr, Ironwood, MI 49938
- Turn key restaurants
- 1,406 SF
- 0.41 lot acres
Property ID
US43-3777583
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Mike's Restaurant / Restaurant
Property Details for 106 Cloverland Dr
- Lot size
- 0.41 lot acres
- Zone code
- C-3
- Property type
- Turn key restaurants
- APN
- 52-15-382-030
- APU
- 5215382030
Description
This exceptional turnkey restaurant opportunity in Ironwood, MI, presents a rare chance to acquire a well-established and profitable business. Located on the highly visible US Highway 2, this 1,406 square foot eatery boasts a rich history, having been owned and operated by the same individual for 25 years, building a loyal customer base and reputation for excellent cuisine. The restaurant comfortably seats 45 patrons and includes all necessary equipment and furnishings, allowing for immediate income generation. Recent updates ensure the property is in excellent condition and ready for a new owner. The ample parking lot provides convenient access for customers. Situated on a 0.41-acre lot, this property offers significant potential for continued growth and success. The current owner is retiring and is willing to provide support to ensure a smooth transition for the new owner, offering valuable assistance in establishing the business. Priced at $200,000, this is a truly exceptional opportunity for an experienced restaurateur or a savvy investor looking for a proven, profitable business with a strong track record. The turnkey nature of this sale, combined with the established reputation and prime location, makes this a highly attractive investment. Don't miss this chance to own a thriving restaurant in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Ironwood
- County
- Gogebic
- State
- Michigan
- Longitude
- -90.1723
- Latitude
- 46.4635
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
$4,219
$22,877
$43,149
$66,026
-
$45,754
$86,298
$132,052
