932 Cloverland Dr Ironwood, MI 49938

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.