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    Ironwood, MI
    Strip Mall

    Ironwood, MI Strip Malls for Sale

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    Five-Unit Strip Mall
    Updated: Dec 15, 2025
    Five-Unit Strip Mall

    216 Roosevelt Street, Ironwood, MI 49938

    $410,000
    6,720 sqft 1.28 AC lot
    Five‑unit commercial complex with 6,720 square feet
    Four units currently under lease
    One unit scheduled to become available at the end of 2025
    1.28‑acre corner lot measuring 140 x 400 feet
    Located just off US‑2 with multiple curb cuts
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    Multi-Tenant Shopping Center
    Updated: Apr 8
    Multi-Tenant Shopping Center

    629 CLOVERLAND DR, Ironwood, MI 49938

    $2,500,000
    4.30 AC lot
    19,500‑square‑foot main plaza plus a separate 800‑square‑foot building
    4.3 acres across 2 parcels near US 2 in Ironwood, MI
    Seven tenants in the plaza and an additional tenant in the second building
    Paved parking at the front and rear for up to 85 vehicles
    38‑by‑28‑foot detached garage, additional storage building, and attached garage with overhead door
    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
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ironwood, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Gas Station and Retail Redevelopment
    Gas Station and Retail Redevelopment

    1845-1855 Velp Ave, Green Bay, WI 54303

    $3,000,000
    19,277 sqft 2.41 AC lot

    Redevelopment site with a car wash under a 5-year NNN lease and a partially occupied retail strip.

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    Strip Mall with Available Suite
    Strip Mall with Available Suite

    820 Howe Avenue, Mora, MN 55051

    $500,000
    2.79 AC lot

    A multi-tenant retail property offers one vacant space and on-site parking.

    View details
    Multi-Tenant Retail Building
    Multi-Tenant Retail Building

    820 Howe Avenue, Mora, MN 55051

    $500,000
    2.79 AC lot

    The fully occupied property sits on a 2.79-acre site along Highway 23.

    View details
    Strip Center with B-1 Zoning
    Strip Center with B-1 Zoning

    940 HANSEN Road, Green Bay, WI 54304

    $4,650,000
    3.19 AC lot

    Established in 2008 with public water and sewer service serving the retail property.

    View details

    Ironwood, MI Strip Malls Market Trends and Statistics

    Explore 2 strip malls for sale in Ironwood, MI on our real estate platform. These investment opportunities span a total of 6,720 square feet of properties for sale, with an estimated market value of $2,910,000.

    Sale prices for retail strips in Ironwood, MI start at $410,000, averaging $1,455,000, and reaching up to $2,500,000 — 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

    Storefront properties 9
    Shopping centers 3

    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 $1.5M

    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)

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