130 Washington Avenue Iron River, MI $ 349,000
130 Washington Avenue
$ 349,000
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130 Washington Avenue

Iron River, MI, 49935
$ 349,000
Bedrooms-- Baths-- Sq 2,923

Monthly Estimate*

$ 2,149

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Commercial Property for sale in Iron River, MI

for $349,000. This 2,923 square foot building was built in 1932 on a lot size of 0.45.

Formerly Liminal, this 2923 sq ft commercial restaurant & bar (with full basement) offers a rare, ready-to-operate business opportunity in the heart of Iron County. The property includes a Michigan liquor license, extensive recent upgrades and a separate residence behind the building—creating the perfect live/work or income-producing setup. Major improvements include a fully remodeled commercial kitchen, new plumbing, updated electrical, new forced-air heating, newer roof (2018), new concrete flooring, renovated bathrooms, fresh interior & exterior paint, and a premium 10’ Captivaire vent hood. The sale includes a complete lineup of commercial equipment—stove, fryers, prep tables, walk-in cooler & freezer, beer coolers, POS system, salad bar, and more—making this a true turnkey operation. The home offers 4 bedrooms (2 down, 2 up) and more room on the third floor (thinking game room for fun or office space) and great potential to be renovated for owner occupancy, rental income, or Airbnb. There are 4 lots with this property. Located near popular snowmobile and outdoor recreation trails, this is an ideal destination business with built-in customer traffic. Own the building. Run the business. Live onsite or create rental income. A dream opportunity for entrepreneurs ready to bring their restaurant & bar vision to life.

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Commercial Active

Price

$ 349,000

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

0.45

Year Built

1932

Town/City

Iron River

County/Region

Iron

MLS | Web ID

50197464

Features
General
Heating Forced Air
Cooling Central A/C Exhaust Fan HVAC
Roof Shingles
Zoning Commercial Commercial
Water Public Water
Status Active Active
Year Built 1932
Parking On Site
Water Heater Gas
County Iron
Class COM/IND/BUS OPP
Type Business
Business Type Bar/Resturant
Business Name Liminal
Ownership Private
Municipality Iron River
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Flood Insurance Not Required
Commercial Features 220 Volt Power Bath Cafe/Kitchen Electric Available Gas Available No Elevator Public Restrooms Restroom(s) Sidewalks Sprinkler System Trash Removal Smoke/Fire Alarm
Area Iron River (36010)
Primary City Iron River
Location Main Street Rural
Directions From Iron River - East on Genesee St turn right on Lay Ave (Stambaugh Hill) to property at top of hill on right.
City Iron River
Financial Terms Cash Commercial Loan Conventional
Legal Description See associated docs for complete
DOM 1
Postal Code 49935
Price Per Sq Ft Total AG 119.4
Public Remarks Formerly Liminal this 2923 sq ft commercial restaurant & bar (with full basement) offers a rare
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Exterior
Exterior Stucco
Frontage 170
Flood Plan None
Lot Size Area 0.45
Lot Dimensions 170x120
Lot Description Cleared
Water Features None
Roads City/County Paved Street 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
NICOLE HEBERT

Listing Agent

Keller Williams Classic Realty Nw

Broker

nikkih@kw.com

Email

Affordability Calculator

$2,149
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,149
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/14/2026$349,000 Listed Price

Map


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130 Washington Avenue, Iron River, MI, 49935 is a Commercial Property for sale at $349,000 with 2,923 sqft and a lot size of 0.45. 130 Washington Avenue was built in 1932. The property's zip code is 49935 which is in Iron River, MI