218 Mcleod E Ave Avenue Ironwood, MI ^$ 275,000

218 Mcleod E Ave Avenue

^$ 275,000

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218 Mcleod E Ave Avenue

Ironwood, MI, 49938

^$ 275,000

Bedrooms-- Baths-- Sq 8,200

Monthly Estimate*

^$ 1,716

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Commercial Property for sale in Ironwood, MI

for $275,000. This 8,200 square foot building was built in 1980 on a lot size of 0.13.

Well established and respected turnkey motorcycle repair business! Sale comes with current inventory of parts and accessories, 2 motorcycle lifts, tire machine/balancer, air compressor, parts washer, welder. Also comes with building next door currently used for winter storage and parts. Main building is open plan with mechanic shop in the back and display cases and parts area up front. Some of the parts inventory is vintage and getting harder to find while other is newer stock. This is the only repair shop in the area and relied on heavily for service in the community! Everything is set up and great business opportunity with immediate income potential.

Commercial Active

Price

^$ 275,000

Property Type

Commercial

Taxes

^$ 2,233

Style

Commercial/Industrial

Lot Size

0.13

Year Built

1980

Town/City

Ironwood

County/Region

Gogebic

MLS | Web ID

50169580

Features

General

Heating Forced Air

Cooling Ceiling Fan(s) Central A/C

Roof Flat Rubber

Water Public Water

Status Active Active

Year Built 1980

Water Heater Electric

County Gogebic

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Ironwood

Zoning Commercial

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Commercial Features 220 Volt Power Additional Bldg(s) Alley Carpet Compressor Delivery Door Display Window Lifts Overhead Doors Restroom(s) Security Syetem Owned Showroom Telephone

Area Ironwood (27006)

Primary City Ironwood

Location Main Street

Directions Left on US 2 left on Lake Rd. Stay on lake Rd past the right hand turn and road turns into Mcleod ave. Business is on the right one block past Memorial building.

City Ironwood

Financial Terms Cash Commercial Loan Conventional

Legal Description ALL OF LOTS 15 & 16 ORIGINAL PLAT BLOCK 32

DOM 254

Postal Code 49938

Price Per Sq Ft Total AG 33.54

Public Remarks Well established and respected turnkey motorcycle repair business! Sale comes with current inventory of parts and accessories 2 motorcycle lifts tire machine/balancer air compressor parts washer

Exterior

Exterior Concrete/Block Wood

Lot Size Area 0.13

Lot Dimensions 40x140

Water Features None

Roads City/County Paved Street

Waterfront Y/N No

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

JOSEPH METZGER

Listing Agent

Silver Properties-Exp Realty

Broker

metzgers3jjl@icloud.com

Affordability Calculator

$1,902

Per Month

Monthly Principal & Interest: $1,716
Monthly Property Taxes: $186
Monthly Home Insurance: --

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Loan Term

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Yearly 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

Trends
Schools

Commerical listings in Ironwood, MI

Average List Price ^$278,847

Percent of Sale Price 1%

About Ironwood, MI

4,998 Population

-20% Since 2002

^$28,589 Median Income

44.88 Median Age

18% 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
3/25/2025	$275,000		Listed Price

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218 Mcleod E Ave Avenue, Ironwood, MI, 49938 is a Commercial Property for sale at $275,000 with 8,200 sqft and a lot size of 0.13. 218 Mcleod E Ave Avenue was built in 1980. The property's zip code is 49938 which is in Ironwood, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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218 Mcleod E Ave Avenue

Commercial Property for sale in Ironwood, MI

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