202 W Genesee Street Iron River, MI ^$ 75,000

202 W Genesee Street

^$ 75,000

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202 W Genesee Street

Iron River, MI, 49935

^$ 75,000

Studio Baths0.0 Sq 3,576

Monthly Estimate*

^$ 524

202 W Genesee Street, Iron River, MI 49935 - Image 1

202 W Genesee Street, Iron River, MI 49935 - Image 2

202 W Genesee Street, Iron River, MI 49935 - Image 3

202 W Genesee Street, Iron River, MI 49935 - Image 4

Studio

Commercial Property for sale in Iron River, MI

for $75,000. This 3,576 square foot building was built in 1940 on a lot size of 0.08.

Business Opportunity! Take a look at this former prime Restaurant building located right in the downtown area of Iron River. With a little work, this large building could re-open and be a prime business. Front area has a large bar area and on the upper level is booth seating; the back room hosts an open area for more seating - great place to host private parties as well or business events. Seating capacity is about 110 people. Building was built to house another full story should someone want to add more business space. There are two furnace's approximately 10 years old, roof is approximately 13 years old. Basement used to host a archery shooting range. Make your appointment to see this business building to make your dream of having your own business come true!

Commercial Active

Price

^$ 75,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,268

Style

Business

Lot Size

0.08

Year Built

1940

Town/City

Iron River

County/Region

Iron

MLS | Web ID

50101807

Features

General

Heating Forced Air

Cooling Central A/C

Roof Flat Rubber

Water Public Water

Status Active Active

Year Built 1940

Water Heater Gas

County Iron

Class COM/IND/BUS OPP

Type Business

Percent Ownership Private

Municipality Iron River

Zoning Commercial

Subdivision MI

Flood Insurance Not Required

Commercial Features 220 Volt Power Alley Carpet Electric Available Fixtures Furniture Restroom(s) Sidewalks Telephone

Area Iron River (36010)

Primary City Iron River

Location Corner Lot Main Street

Directions From Iron River at stoplight go east on US 2/Adams st - turn right on N Second Ave property on right

City Iron River

Street Name Genesee

Financial Terms Cash Commercial Loan

Legal Description 227-495 240-590 560-430 563-275 IRC-A10 16 15 PLAT OF VILLAGE (NOW CITY) OF IRONRIVER LOT 16 BLK 15. 054-925-134-00

DOM 416

Postal Code 49935

Price Per Sq Ft 20.97

Coming Soon Business Opportunity! Take a look at this former prime Restaurant building located right in the downtown area of Iron River. With a little work

Exterior

Exterior Brick Concrete

Frontage 30

Flood Plan None

Lot Size Area 0.08

Lot Dimensions 30x120

Water Features None

Roads City/County Paved Street Year Round

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

NICOLE HEBERT

Listing Agent

Keller Williams Upper Peninsula-Ir

Broker

nikkih@kw.com

Affordability Calculator

$880

Per Month

Monthly Principal & Interest: $524
Monthly Property Taxes: $356
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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!

Nearby

Trends
Schools

Commerical listings in Iron River, MI

Average List Price ^$299,629

Percent of Sale Price 300%

About Iron River, MI

3,213 Population

-10% Since 2002

^$26,434 Median Income

46.94 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/23/2024	$75,000	-11.76%	Price Down
1/17/2024	$85,000	-14.91%	Price Down
10/10/2023	$99,900	-16.05%	Price Down
6/7/2023	$119,000	-11.79%	Price Down
5/31/2023	$134,900	-10.01%	Price Down
5/20/2023	$149,900	-11.77%	Price Down
2/18/2023	$169,900		Listed Price

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202 W Genesee Street, Iron River, MI, 49935 is a Commercial Property for sale at $75,000 with 3,576 sqft and a lot size of 0.08. 202 W Genesee Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 49935 which is in Iron River, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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202 W Genesee Street

Commercial Property for sale in Iron River, MI

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