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    Ironwood, MI
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    Ironwood, MI Restaurants for Sale

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    Established Bakery Business Opportunity
    $189,000
    1,600 SF
    Established Bakery Business Opportunity

    230 E Aurora Street, Ironwood, MI 49938

    Turnkey artisan bakery with equipment, recipes, and real estate.
    • Established artisan bakery business for sale, including building, equipment, inventory, recipes, logo, and vendor lists.
    • Turnkey operation with a fully equipped 1600 sq ft bakery, including a Pavallier steam injection oven, walk‑in cooler, and retail area.
    • Existing wholesale business with 4 accounts and significant potential for growth.
    • Updated infrastructure including 3‑phase power, newer water heater, updated plumbing, and natural gas heat.
    • Convenient downtown location with parking and off‑street delivery access.
    Updated: Jul 29, 2025
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    Operating Restaurant Near Powderhorn Ski
    $204,900
    1,952 SF
    Operating Restaurant Near Powderhorn Ski

    N11582 Black River, Ironwood, MI 49938

    Turn-key restaurant with bar and patio near Powderhorn Ski Hill.
    • Turn‑key, operational restaurant business opportunity.
    • Located near Powderhorn Ski Hill, attracting skiers and snowboarders.
    • Large bar area suitable for social events.
    • Interior with ample seating for various group sizes.
    • Exterior patio for outdoor dining.
    Updated: Nov 30, 2023
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    Based on your search, we've compiled 38 Potential Opportunities for your consideration. Besides 2 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Remodeled Commercial Building on Silver
    $139,000
    1,400 SF
    Remodeled Commercial Building on Silver

    Turnkey bar/restaurant opportunity in downtown Hurley, WI.

    211 SILVER ST, Hurley, WI 54547

    View details
    Bessemer Commercial Building For Sale
    $114,900
    3,600 SF
    Bessemer Commercial Building For Sale

    3600+ sq ft commercial building in Bessemer, Michigan.

    113 S Massie Street, Bessemer, MI 49911

    View details
    Full Log Home with Acreage
    $579,000
    7,294 SF
    Full Log Home with Acreage

    7000+ sq ft log home with rental income potential.

    5964 E US 2 Highway, Bessemer, MI 49938

    View details
    Turn-Key Restaurant Opportunity on Highway
    $299,000
    Turn-Key Restaurant Opportunity on Highway

    Operating restaurant with furnishings, fixtures, and equipment included.

    10381 Us Highway 51, Hurley, WI 54534

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Lot in Downtown Park Falls
    Contact for pricing
    0.13 Acres
    Corner Lot in Downtown Park Falls

    Corner lot suitable for business in downtown Park Falls, Wisconsin.

    172&184 2ND AVE N, Park Falls, WI 54552

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    Corner Lot in Downtown
    Contact for pricing
    Corner Lot in Downtown

    Corner lot suitable for business in downtown Park Falls.

    172-184 2nd Avenue North, Park Falls, WI 54552

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    Vacant City Lot in Downtown
    Contact for pricing
    0.06 Acres
    Vacant City Lot in Downtown

    Vacant 0.06 acre city lot in downtown Park Falls.

    ON DIVISION ST, Park Falls, WI 54552

    View details
    Prime Commercial Land in Minocqua
    $199,900
    1.20 Acres
    Prime Commercial Land in Minocqua

    1.2 acre B-2 zoned commercial land with high exposure.

    PLAZA DR lot: 11, Minocqua, WI 54548

    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
    6,183 SF Lot: 0.73 Acres
    Value Estimation by Request

    156 Cloverland Dr, Ironwood, MI 49938-1228

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    204 Aurora St, Unit 20
    BAR, TAVERN
    2,304 SF Lot: 0.09 Acres
    Value Estimation by Request
    Unit 20

    204 Aurora St, Ironwood, MI 49938-2506

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    316 Houk St
    RESTAURANT
    4,124 SF Lot: 0.38 Acres
    Value Estimation by Request

    316 Houk St, Ironwood, MI 49938-2855

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    400 Silver St
    RESTAURANT
    2,862 SF Lot: 0.16 Acres
    Value Estimation by Request

    400 Silver St, Ironwood, MI 49938-2546

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    1300 Cloverland Dr
    RESTAURANT
    5,738 SF Lot: 0.93 Acres
    Value Estimation by Request

    1300 Cloverland Dr, Ironwood, MI 49938-1606

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    112 Lowell St
    BAR, TAVERN
    5,160 SF Lot: 0.07 Acres

    112 Lowell St, Ironwood, MI 49938-2044

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    120 Suffolk St
    RESTAURANT
    3,857 SF Lot: 0.15 Acres
    Value Estimation by Request

    120 Suffolk St, Ironwood, MI 49938-2046

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    304 Suffolk St
    BAR, TAVERN
    3,607 SF Lot: 0.06 Acres
    Value Estimation by Request

    304 Suffolk St, Ironwood, MI 49938-2130

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    112 Aurora St, Unit 18
    RESTAURANT
    1,440 SF Lot: 0.06 Acres
    Value Estimation by Request
    Unit 18

    112 Aurora St, Ironwood, MI 49938-2532

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    222 Cloverland Dr
    RESTAURANT
    2,896 SF Lot: 0.34 Acres
    Value Estimation by Request

    222 Cloverland Dr, Ironwood, MI 49938-1306

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    120 Aurora St
    BAR, TAVERN
    1,440 SF Lot: 0.08 Acres
    Value Estimation by Request

    120 Aurora St, Ironwood, MI 49938-2532

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    517 Cloverland Dr
    DRIVE-THRU RESTAURANT, FAST FOOD
    220 SF Lot: 0.40 Acres
    Value Estimation by Request

    517 Cloverland Dr, Ironwood, MI 49938-1401

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    213 Mcleod Ave
    BAR, TAVERN
    2,560 SF Lot: 0.06 Acres
    Value Estimation by Request

    213 Mcleod Ave, Ironwood, MI 49938-2121

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    518 Mcleod Ave
    RESTAURANT
    2,836 SF Lot: 0.13 Acres
    Value Estimation by Request

    518 Mcleod Ave, Ironwood, MI 49938-2240

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    11394 Lk Rd
    RESTAURANT
    1,728 SF Lot: 0.73 Acres
    Value Estimation by Request

    11394 Lk Rd, Ironwood, MI 49938

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    215 Suffolk St
    RESTAURANT
    19,540 SF Lot: 0.40 Acres
    Estimated value
    $720,000

    215 Suffolk St, Ironwood, MI 49938-2174

    View details
    1111 Cloverland Dr
    RESTAURANT
    4,188 SF Lot: 1.61 Acres
    Estimated value
    $515,000

    1111 Cloverland Dr, Ironwood, MI 49938-1601

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    127 Aurora St
    RESTAURANT
    5,600 SF Lot: 0.13 Acres
    Value Estimation by Request

    127 Aurora St, Ironwood, MI 49938-2531

    View details
    104 Lowell St
    RESTAURANT
    8,000 SF Lot: 0.38 Acres
    Value Estimation by Request

    104 Lowell St, Ironwood, MI 49938-2044

    View details
    135 Cloverland Dr
    RESTAURANT
    2,786 SF Lot: 0.20 Acres

    135 Cloverland Dr, Ironwood, MI 49938-1227

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    1410 Cloverland Dr
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,904 SF Lot: 0.97 Acres
    Estimated value
    $555,000

    1410 Cloverland Dr, Ironwood, MI 49938-1720

    View details
    123 Suffolk St
    BAR, TAVERN
    2,790 SF Lot: 0.07 Acres
    Value Estimation by Request

    123 Suffolk St, Ironwood, MI 49938

    View details

    Ironwood, MI Restaurants Investment Opportunities Market Analysis

    Explore 30 restaurants for sale in Ironwood, MI on our real estate platform. These investment opportunities span a total of 3,552 square feet of properties for sale, with an estimated market value of $393,900.

    Sale prices for restaurant properties in Ironwood, MI start at $189,000, averaging $196,950, and reaching up to $204,900 — 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

    Bars & Pubs 1
    Turn key restaurants 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 median listing prices of real estate assets

    Neighborhood Average Price
    49938 $199.6K

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

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