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321 W Genesee Street Iron River, MI $ 295,000
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$ 295,000 Get more info
321 W Genesee Street
$ 295,000
Back to search
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321 W Genesee Street

Iron River, MI, 49935
$ 295,000
Bedrooms-- Baths-- Sq 2,300

Monthly Estimate*

$ 1,840

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Commercial Property for sale in Iron River, MI

for $295,000. This 2,300 square foot building was built in 1900 on a lot size of 0.08.

Situated on Main Street, this restaurant enjoys high visibility and foot traffic, making it an ideal spot to attract both locals and tourists. With a solid reputation built over the years, this restaurant has become a fantastic destination for food with loyal, established customer base. With the right vision and management, there is substantial potential to expand the restaurant’s offerings, catering services, or even hosting events. Fully equipped kitchen makes it an easy transition for new owners. Seating capacity is estimated around 90 people. Restaurant also has a outdoor dining/enclosed kitchen area and storage. Currently seller uses this area for her Back Alley BBQ's and to host fundraising events. Iron River’s community embraces local businesses, making it a nurturing environment for restaurant owners. Whether you’re a seasoned restauranteur or a newcomer to the hospitality industry, this property promises an incredible venture with endless potential. Priced below Industry Standards! Don’t miss out on this fantastic investment opportunity! Must be pre -approved or proof of funds prior to viewing. Contact us today to schedule a viewing!!

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Commercial Active

Price

$ 295,000

Property Type

Commercial

Taxes

$ 3,494

Style

Business

Lot Size

0.08

Year Built

1900

Town/City

Iron River

County/Region

Iron

MLS | Web ID

50116379
Features
General
Heating Forced Air
Cooling Wall/Window A/C
Roof Metal
Zoning Commercial Commercial
Water Public Water
Status Active Active
Year Built 1900
Parking Parking Lot
Water Heater Gas
County Iron
Class COM/IND/BUS OPP
Type Business
Business Type Restaurant
Business Name Main Street Cafe
Ownership Private
Municipality Iron River
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Flood Insurance Not Required
Commercial Features Alley Cable TV Available Cafe/Kitchen Carpet Internet Available Electric Available Fixtures Furniture Gas Available Outside Storage Public Restrooms Restroom(s) Sidewalks Sprinkler System Telephone
Area Iron River (36010)
Primary City Iron River
Location Main Street
Directions From Hwy US2 stoplight in Iron River turn left on to M189 turn left on to Genesee St. Property on Right
City Iron River
Financial Terms Cash Commercial Loan Conventional
Legal Description 227-383 259-272 263-214 273-524 275-140 283-17 315-454 332-175 419-273 IRC-A10 6 21 PLAT OF VILLAGE (NOW CITY) OF IRON RIVER LOT 6 BLK 21
DOM 849
Postal Code 49935
Price Per Sq Ft Total AG 128.26
Public Remarks Situated on Main Street this restaurant enjoys high visibility and foot traffic making it an ideal spot to attract both locals and tourists. With a solid reputation built over the years
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Exterior
Exterior Vinyl Siding
Exterior Amenities Deck/Patio Outdoor Kitchen
Frontage 30
Flood Plan None
Lot Size Area 0.08
Lot Dimensions 30x120
Lot Description Downtown Dev Authority
Water Features None
Roads City/County
Waterfront Y/N No
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Interior
Ceiling Height Less than 16 Ft.
Fuel Type Natural Gas
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* Excluded Features
List By
NICOLE HEBERT

Listing Agent

Keller Williams Classic Realty Nw

Broker

nikkih@kw.com

Email

Affordability Calculator

$2,132
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,840
Monthly Property Taxes
$291
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/19/2025$295,000 -9.23% Price Down
12/11/2024$325,000 -4.13% Price Down
8/29/2024$339,000 -3.00% Price Down
4/5/2024$349,500 Listed Price

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321 W Genesee Street, Iron River, MI, 49935 is a Commercial Property for sale at $295,000 with 2,300 sqft and a lot size of 0.08. 321 W Genesee Street was built in 1900. The property's zip code is 49935 which is in Iron River, MI

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