N11582 Black River Road Ironwood, MI $ 264,999
N11582 Black River Road
$ 264,999
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N11582 Black River Road

Ironwood, MI, 49938
$ 264,999
Baths0.0 Sq 1,952

Monthly Estimate*

$ 1,851

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Studio

Commercial Property for sale in Ironwood, MI

for $264,999. This 1,952 square foot building was built in 1970 on a lot size of 1.95.

This operational restaurant for sale is an excellent opportunity for anyone looking for a turn-key business in the beautiful Upper Peninsula. The restaurant features a large bar area, perfect for hosting social events or happy hours. The interior boasts plenty of seating, accommodating both small and large groups of diners. Plus the exterior patio is perfect for enjoying a great meal with good friends on a warm summer night. Located close to Powderhorn Ski Hill, the Black River Valley Pub is an excellent destination for skiers and snowboarders looking for a hearty meal and a place to unwind after a day on the slopes. The partial log frame adds to the rustic charm of the establishment, while the loyal customer base ensures a steady stream of business year-round. Whether you're an experienced restaurateur or just starting out, the Black River Valley Pub is an opportunity that you won't want to miss!

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Commercial Active

Price

$ 264,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,041

Style

Business

Lot Size

1.95

Year Built

1970

Town/City

Ironwood

County/Region

Gogebic

MLS | Web ID

50128987

Features
General
Heating Forced Air
Cooling Wall/Window A/C
Roof Asphalt Shingles
Exterior Features Deck/Patio Wheelchair Access
Water Private Well Drilled Well
Status Active Active
Year Built 1970
Parking 21+ Spaces
Water Heater Gas
County Gogebic
Class COM/IND/BUS OPP
Type Business
Percent Ownership LLC
Municipality Ironwood Twp
Zoning Commercial
Commercial Features ADA Accessible Cable Internet Installed Carpet Delivery Door Electric Available Fixtures Furniture Occupied Primary Power Public Restrooms Security Equipment Sheet Flooring Telephone
Area Ironwood Twp (27005)
Location Rural
Directions Hwy US 2 to North on Black River Rd. about 4 miles to property on right.
City Ironwood
Street Name Black River
Financial Terms Cash Commercial Loan Conventional
Legal Description SEC. 32 T48N R46W MAP NO. 204AF PRT OF SE1/4 OF NW1/4; COM AT 1/4 COMMON TO SECS 31 & 32; TH S89 DEG 52'05 E ALG EAST-WEST 1/4 LINE 1306.99 FT; TH N00 DEG 14'24 E 794.38 FT TO PT ON N'LY R/W OF COUNTY
DOM 144
Price Per Sq Ft 135.76
Coming Soon This operational restaurant for sale is an excellent opportunity for anyone looking for a turn-key business in the beautiful Upper Peninsula. The restaurant features a large bar area
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Exterior
Exterior Log Shingle
Frontage 197
Lot Size Area 1.95
Lot Dimensions Irregular
Water Features None
Roads City/County Private Road Year Round
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
TAMMY KAURANEN

Listing Agent

First Weber, Inc

Broker

kauranent@firstweber.com

Email

Affordability Calculator

$2,188
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,851
Monthly Property Taxes
$337
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2024$264,999 -5.02% Price Down
12/2/2023$279,000 Listed Price

Map


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N11582 Black River Road, Ironwood, MI, 49938 is a Commercial Property for sale at $264,999 with 1,952 sqft and a lot size of 1.95. N11582 Black River Road is a studio with 0.0 baths and was built in 1970. The property's zip code is 49938 which is in Ironwood, MI