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    Ironwood, MI
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    Ironwood, MI Restaurants for Sale

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    Hurley, WI Bessemer, MI Montreal, WI Wakefield, MI Winchester, WI
    Commercial Kitchen with Bakery Equipment
    Updated: Aug 4
    Commercial Kitchen with Bakery Equipment

    230 E Aurora Street, Ironwood, MI 49938

    $189,000
    1,600 sqft 0.13 AC lot
    1,600‑square‑foot commercial kitchen in a 1953 brick building
    Pavailler steam injection oven, bakery equipment, fixtures, and existing inventory included
    New three‑phase electrical system supports commercial kitchen operations
    Main floor includes two prep stations and an 8x10‑foot walk‑in cooler
    Retail area with bistro seating, large front windows, and customer‑facing production visibility
    View details
    Mixed-Use Building with Restaurant
    Updated: Aug 19
    Mixed-Use Building with Restaurant

    204 W Aurora Street, Ironwood, MI 49938

    $254,900
    2,304 sqft 0.09 AC lot
    Restaurant and bar space with newer commercial appliances and a live‑music stage
    Upper‑level two‑bedroom apartment
    Sale includes the business name, liquor license, appliances, and inventory
    2,304 square feet on a 0.09‑acre parcel
    Commercial zoning at 204 W Aurora Street in Ironwood
    View details
    Restaurant with Bar and Patio
    Restaurant with Bar and Patio

    N11582 Black River Road, Ironwood, MI 49938

    $204,900
    1,952 sqft 1.95 AC lot

    Commercially zoned restaurant with accessible entry and outdoor dining area.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Turn-Key Restaurant with Seating
    Turn-Key Restaurant with Seating

    106 E Cloverland Drive, Ironwood, MI 49938

    $200,000
    1,406 sqft

    Turn-key restaurant offering seating for 45, included equipment and furnishings, and plenty of parking near US 2.

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    Restaurant with Furnishings
    Restaurant with Furnishings

    106 E Cloverland Drive, Ironwood, MI 49938

    $225,000
    1,406 sqft 0.41 AC lot

    Established restaurant with included equipment, furnishings, and a dedicated dining area.

    View details
    Based on your search, we've compiled 37 Potential Opportunities for your consideration. Besides 5 Active listings in Ironwood, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 28 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant with On-Site Living Quarters
    Restaurant with On-Site Living Quarters

    6622 W HWY 2, Hurley, WI 54534

    $524,900
    1.05 AC lot

    Restaurant facilities include a bar, dining room, equipped kitchen, storage, and office space.

    View details
    Northwoods Restaurant With Living Quarters
    Northwoods Restaurant With Living Quarters

    1711 HWY 51, Mercer, WI 54547

    $348,500
    0.92 AC lot

    Restaurant property includes a tiled bar, salad bar, dining areas, professional kitchen, garage, and two-bedroom living quarters.

    View details
    Turnkey Restaurant with Four-Bedroom Quarters
    Turnkey Restaurant with Four-Bedroom Quarters

    6622 W US 2 Highway, Hurley, WI 54534

    $524,900
    3,875 sqft 1.05 AC lot

    Restaurant with front covered porch, handicap access, and on-site living quarters with four bedrooms and two full baths.

    View details
    Mercer Restaurant and Bar Opportunity
    Mercer Restaurant and Bar Opportunity

    1711 Us Highway 51, Mercer, WI 54547

    $348,500

    Iconic restaurant/bar with high traffic and trail access in Mercer.

    View details

    Off-Market Properties in Ironwood, MI

    Consider similar Off-Market properties in Ironwood, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    156 Cloverland Dr
    RESTAURANT

    156 Cloverland Dr, Ironwood, MI 49938-1228

    Estimated value:
    $340,000
    6,183 sqft 0.73 AC lot
    View details
    204 Aurora St, Unit 20
    BAR, TAVERN

    204 Aurora St, Ironwood, MI 49938-2506

    Unit 20
    Estimated value:
    $285,000
    2,304 sqft 0.09 AC lot
    View details
    316 Houk St
    RESTAURANT

    316 Houk St, Ironwood, MI 49938-2855

    Estimated value:
    $135,000
    4,124 sqft 0.38 AC lot
    View details
    400 Silver St
    RESTAURANT

    400 Silver St, Ironwood, MI 49938-2546

    Estimated value:
    $105,000
    2,862 sqft 0.16 AC lot
    View details
    1300 Cloverland Dr
    RESTAURANT

    1300 Cloverland Dr, Ironwood, MI 49938-1606

    Estimated value:
    $295,000
    5,738 sqft 0.93 AC lot
    View details
    112 Lowell St
    BAR, TAVERN

    112 Lowell St, Ironwood, MI 49938-2044

    Estimated value:
    $310,000
    5,160 sqft 0.07 AC lot
    View details
    120 Suffolk St
    RESTAURANT

    120 Suffolk St, Ironwood, MI 49938-2046

    Estimated value:
    $450,000
    3,857 sqft 0.15 AC lot
    View details
    304 Suffolk St
    BAR, TAVERN

    304 Suffolk St, Ironwood, MI 49938-2130

    Estimated value:
    $145,000
    3,607 sqft 0.06 AC lot
    View details
    112 Aurora St, Unit 18
    RESTAURANT

    112 Aurora St, Ironwood, MI 49938-2532

    Unit 18
    Estimated value:
    $225,000
    1,440 sqft 0.06 AC lot
    View details
    222 Cloverland Dr
    RESTAURANT

    222 Cloverland Dr, Ironwood, MI 49938-1306

    Estimated value:
    $540,000
    2,896 sqft 0.34 AC lot
    View details
    120 Aurora St
    BAR, TAVERN

    120 Aurora St, Ironwood, MI 49938-2532

    Estimated value:
    $170,000
    1,440 sqft 0.08 AC lot
    View details
    517 Cloverland Dr
    DRIVE-THRU RESTAURANT, FAST FOOD

    517 Cloverland Dr, Ironwood, MI 49938-1401

    Estimated value:
    $250,000
    220 sqft 0.40 AC lot
    View details
    213 Mcleod Ave
    BAR, TAVERN

    213 Mcleod Ave, Ironwood, MI 49938-2121

    Estimated value:
    $205,000
    2,560 sqft 0.06 AC lot
    View details
    518 Mcleod Ave
    RESTAURANT

    518 Mcleod Ave, Ironwood, MI 49938-2240

    Estimated value:
    $315,000
    2,836 sqft 0.13 AC lot
    View details
    11394 Lk Rd
    RESTAURANT

    11394 Lk Rd, Ironwood, MI 49938

    Estimated value:
    $190,000
    1,728 sqft 0.73 AC lot
    View details
    215 Suffolk St
    RESTAURANT

    215 Suffolk St, Ironwood, MI 49938-2174

    Estimated value:
    $440,000
    19,540 sqft 0.40 AC lot
    View details
    1111 Cloverland Dr
    RESTAURANT

    1111 Cloverland Dr, Ironwood, MI 49938-1601

    Estimated value:
    $385,000
    4,188 sqft 1.61 AC lot
    View details
    127 Aurora St
    RESTAURANT

    127 Aurora St, Ironwood, MI 49938-2531

    Estimated value:
    $300,000
    5,600 sqft 0.13 AC lot
    View details
    104 Lowell St
    RESTAURANT

    104 Lowell St, Ironwood, MI 49938-2044

    Estimated value:
    $340,000
    8,000 sqft 0.38 AC lot
    View details

    Ironwood, MI Restaurants Market Trends and Statistics

    Explore 33 restaurants for sale in Ironwood, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 8,668 square feet of properties for sale, with an estimated market value of $1,073,800.

    Sale prices for restaurant properties in Ironwood, MI start at $189,000, averaging $214,760, and reaching up to $254,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 4
    Bars & Pubs 2
    Commercial kitchens 1

    Demographics Overview

    Population 7,424
    Population Growth (5Y) -1.2%
    Median Household Income $44,379
    College Educated 32.5%

    High-Yield Neighborhoods for Investment

    Identify Ironwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49938 $214.8K

    Taxes & Financing

    Tax Rate (average for all types) 5.37%
    Property Tax per SF $85.36 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gogebic County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    • 49938

    Featured Ironwood Real Estate Agencies

    Realmo connects you with licensed Ironwood CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Northern Trails Realty, LLC
    1710 E Cloverland Drive Ironwood, MI 49938
    Phone: (906) 932-4110
    www.NorthernTrailsRealty.com
    The Real Estate Store Inc
    527 N Lake Street Ironwood, MI 49938
    Phone: (906) 932-5406
    www.upnorthproperty.com
    Zak's Realty Inc
    110 E Aurora St Ironwood, MI 49938
    Phone: (906) 932-2688
    www.zaksrealty.com
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