424 W Cloverland Drive Ironwood, MI $ 159,000
424 W Cloverland Drive
$ 159,000
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424 W Cloverland Drive

Ironwood, MI, 49938
$ 159,000
Bedrooms-- Baths-- Sq 5,576

Monthly Estimate*

$ 952

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Commercial Property for sale in Ironwood, MI

for $159,000. This 5,576 square foot building was built in 1954 on a lot size of 0.54.

Former hotel for sale with great highway location on US Hwy 2 in Ironwood! There are 12 rooms along with a separate office building that also has living quarters attached. This is a project, but most of the prep work has been completed. The hotel, and brick home have had extensive electrical wiring completed. There is a new roof on the office/living quarters as well as enough brand-new windows to finish it. Just off the office there is a laundry/workshop area. The living quarters offers an ample sized kitchen with a large open concept living/dining area and main floor bathroom. There are 2 main floor bedrooms, and one on the upper. The foundation for both buildings appears to be in excellent condition. The hotel rooms are good sized with a couple of extra-large rooms that could be turned into suites, or even apartments for long term rental. You will find plenty of parking on the 1/2 Acre lot in a desired commercial location. SHORT TERM OWNER FINANCING AVAILABLE!

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Commercial Active

Price

$ 159,000

Property Type

Commercial

Taxes

$ 5,498

Style

Commercial/Industrial

Lot Size

0.54

Year Built

1954

Town/City

Ironwood

County/Region

Gogebic

MLS | Web ID

50144613

Features
General
Heating None
Cooling None
Zoning Commercial - Improved Commercial
Water Public Water
Status Active Active
Year Built 1954
Parking On Site
County Gogebic
Class COM/IND/BUS OPP
Type Commercial/Industrial
FULL Private
Municipality Ironwood
Subdivision MI
Sale/Rent For Sale
Commercial Features Cable TV Available Internet Available Living Quarters Detached Reception Area Unfinished Floor
Area Ironwood (27006)
Primary City Ironwood
Directions US2 West to Ironwood to property on North side of road.
City Ironwood
Financial Terms Cash
Legal Description THE EAST HALF (E1/2) OF LOT 27 ANDALL OF LOTS 28 29 30 AND 31 BLOCK8. LIBERTY HEIGHTS ADD AND SOUTH10 FEET OF VACATED ALLEY ADJACENTTO SAID LOTS 23-31. 663/32 674/945
DOM 226
Postal Code 49938
Price Per Sq Ft Total AG 28.52
Public Remarks Former hotel for sale with great highway location on US Hwy 2 in Ironwood! There are 12 rooms along with a separate office building that also has living quarters attached. This is a project
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Exterior
Exterior Brick Frame Shingle
Frontage 180
Lot Size Area 0.54
Lot Dimensions 180x130
Water Features None
Roads U.S. Highway
Waterfront Y/N No
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Interior
Fuel Type Other
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* Excluded Features
List By
GAYLE COLASSACO

Listing Agent

First Weber, Inc

Broker

colassacog@firstweber.com

Email

Affordability Calculator

$1,410
Per Month
68%
32%
0%
Monthly Principal & Interest
$952
Monthly Property Taxes
$458
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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
Pricing History
DatePricePrice ChangeDescription
11/22/2024$159,000 -5.92% Price Down
9/12/2024$169,000 -5.59% Price Down
7/31/2024$179,000 -10.05% Price Down
6/7/2024$199,000 Listed Price

Map


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424 W Cloverland Drive, Ironwood, MI, 49938 is a Commercial Property for sale at $159,000 with 5,576 sqft and a lot size of 0.54. 424 W Cloverland Drive was built in 1954. The property's zip code is 49938 which is in Ironwood, MI