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    OFF-MARKET
    Retail space

    652 Cloverland Dr, Ironwood, MI 49938-1414

    2,700 SF 0.37 ac lot Built 1981
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US43-3723135
    Property summary
    AI-generated overview

    This exceptional 2,700 square foot commercial office building is situated on a 0.38-acre lot at 652 E Cloverland in Ironwood, Michigan. The property boasts three individual office spaces, each complete with its own private bathroom, offering tenants or clients maximum privacy and convenience. Its prime location on Cloverland Drive ensures high visibility, ideal for attracting customers and maximizing business exposure. The well-designed layout optimizes functionality and comfort, making it an attractive option for a variety of businesses. Each office features a separate entrance, providing autonomy and easy access for occupants. This versatile property presents a significant opportunity for entrepreneurs seeking a new location or investors looking for a strong rental income stream. The building's strategic location and thoughtful design combine to create a highly desirable commercial space. The asking price for this exceptional property is $214,900. This is a rare opportunity to acquire a well-maintained, high-visibility commercial building in a desirable location. Don't miss out on this chance to own a piece of Ironwood's thriving commercial landscape.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1981
    Total area 2,700 SF
    Lot 0.37 ac (16,117 SF)
    Zoning code C-3
    APN 52-15-486-090
    UPID US43-3723135
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Prentiss & Carlisle Forestry Service
    • Cup It - Bra Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store
    • Regional Hospice Services & Palliative Care Nursing Home
    • Jamie Fiorucci Foster Care Service Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Novascone Properties LLC · 2 yrs held
    Novascone Properties LLC
    since 2023
    2 recorded transactions
    2023
    2019
    Zoning & alternative use
    C-3 · Ironwood, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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