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    932 Cloverland Dr Ironwood, MI 49938
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    Property profile & analytics

    932 Cloverland Dr Ironwood, MI 49938


    • Commercial land
    • 2.54 lot acres
    Ironwood Cinema: Family Entertainment For Sale
    $595,000
    8,640 SF

    Ironwood Cinema: Family Entertainment

    Established Movie Theatre, 8,640 sq ft, 2.54 acres

    932 Cloverland Dr, Ironwood, MI 49938
    View Listing
    Property ID
    US43-2915264
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 932 Cloverland Dr

    Lot size
    2.54 lot acres
    Zone code
    C-3
    Property type
    Commercial land
    APN
    52-14-360-010
    APU
    5214360010

    Description

    This exceptional business opportunity presents a well-established family entertainment center in Ironwood, MI. The property encompasses a four-screen movie theatre situated on a generous 2.54-acre lot, offering ample space and potential for expansion. The 8,640 square foot building, originally constructed in 1970 as a two-screen cinema, underwent a significant remodel in 1998, expanding to its current four-screen configuration and updated lobby. The theatre boasts four auditoriums of varying sizes: a Southwest theatre (40x40) seating 179, a Southeast theatre (30x40) seating 92, a Northwest theatre (30x40) seating 100, and a Northeast theatre (30x30) seating 80. All theatres feature fleck flooring and ample wheelchair-accessible seating. The property also includes a two-register concession stand, a vestibule ticket sales area, restrooms, and first-floor office space, along with upstairs storage. Significant upgrades have been made, including an 11-year-old Duralast roof, 10-inch fiberglass ceiling insulation, and four natural gas furnaces with 2-ton HVAC systems (approximately 13 years old). All necessary fixtures are included in the sale, encompassing projectors, a popcorn machine, ice machine, cotton candy machine, popcorn warmer, nacho cheese warmer, seating, seat replacement parts, and office supplies. The building and land are sold together, presenting a turnkey opportunity for a new owner to step into a thriving business. The property is located at 932 E Cloverland, Ironwood, MI, and is priced at $595,000.


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    Location Insight

    • Map
    • Local Demand
    City
    Ironwood
    County
    Gogebic
    State
    Michigan
    Longitude
    -90.1521
    Latitude
    46.4638

    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
    $3,454
    $77,515
    $0.00
    $77,515
    -
    $155,030
    $0.00
    $155,030
    View Listing
    More about this property
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