222 E Aurora Street # 224 E Aurora St
Ironwood, MI, 49938 $ 229,000
Bedrooms-- Baths-- Sq 6,440 Monthly Estimate*
$ 1,410
for $229,000. This 6,440 square foot building was built in 1900 on a lot size of 0.19.
Downtown Ironwood Mixed-Use Investment Opportunity â 2 Commercial Spaces, 6 Apartments & Private Parking Positioned in the heart of vibrant Downtown Ironwood, this exceptional mixed-use property offers a rare combination of commercial visibility, residential income, and future development potential. Comprising 222 E Aurora Street, 220 E Aurora Street, and 224 E Aurora Street, this property presents multiple revenue streams in one prime downtown location. At 222 E Aurora Street, the street-level commercial space welcomes customers with expansive display windows and a warm, inviting atmosphere. Inside, you'll find a carpeted retail area highlighted by a decorative corner fireplace, rich walnut paneling, and exposed decorative ceiling beams that create a cozy yet professional setting. The space also includes a private office or dressing room, a half bath, and an impressive 30' x 18' unfinished room with soaring 20-foot ceilings, offering endless possibilities for expansion, storage, workshops, events, or additional commercial use. A rear entrance provides convenient alley access, while the basement houses the mechanical systems, laundry hookups, and additional storage space. Above the commercial space is a secure, locked entrance leading to six unique apartment units, each offering its own character and floor plan. The apartments feature one- and two-bedroom layouts, with many units benefiting from significant updates, including renovated kitchens and bathrooms, new flooring, fresh paint, updated countertops, and modern fixtures. One unit even boasts skylights that flood the living space with natural light, creating a truly distinctive residence. Several apartments enjoy private or semi-private rear porches, further enhancing tenant appeal. Adjacent to the main building, 220 E Aurora Street provides an additional storefront with exceptional flexibility. This space could easily be reimagined as multiple professional offices, retail suites, studios, or service-based businesses. Featuring 2.5 bathrooms and a full basement, this space offers the versatility entrepreneurs and investors seek in a downtown commercial property. Completing the package is 224 E Aurora Street, a valuable private parking lot providing dedicated off-street parking for tenantsâa highly sought-after amenity in any downtown setting. A garage space accessible from the alley adds further utility, while ample public parking across the alley accommodates customers and guests. Located directly across from the library and within walking distance of restaurants, food trucks, boutiques, community events, and everyday services, this property sits in one of Ironwood's most desirable commercial corridors. With a blend of established residential income, flexible commercial space, private parking, and untapped potential for future growth, this is an outstanding opportunity for investors seeking a landmark downtown asset with both immediate c
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FeaturesGeneralHeating Baseboard Boiler Radiator
Cooling Ceiling Fan(s) Wall/Window A/C
Roof Rubber
Water Public Water
Status Active Active
Year Built 1900
Parking 6-10 Spaces Off Street On Site Parking Lot
Water Heater Electric
County Gogebic
Class COM/IND/BUS OPP
Type Business
Ownership Trust
Municipality Ironwood
Zoning Commercial
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Commercial Features 110 Volt Power 220 Volt Power Alley Bath Cable Internet Installed Cable TV Available Cafe/Kitchen Carpet Internet Available Delivery Area Delivery Door Display Window Flr Thickness: 4+ - 6 In.
Area Ironwood (27006)
Primary City Ironwood
Location Bus Service To Site Main Street
Directions US 2 west to Douglas Blvd (Business US 2). Turn south on Douglas follow the S curve to downtown. Turn left on Aurora Street and the building is on the north side of the street in the middle.
City Ironwood
Financial Terms Cash Commercial Loan
Legal Description All of Lot 16 Block 21 Original Plat & Lot 17 Block 21 Original Plat.
DOM 4
Postal Code 49938
Price Per Sq Ft Total AG 35.56
Public Remarks Downtown Ironwood Mixed-Use Investment Opportunity â 2 Commercial Spaces 6 Apartments & Private Parking Positioned in the heart of vibrant Downtown Ironwood
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ExteriorExterior Brick Wood
Exterior Amenities Garden Area
Frontage 60
Lot Size Area 0.19
Lot Dimensions 60x140
Lot Description Cleared
Water Features None
Roads City/County Class A Curbed Paved Street Year Round
Waterfront Y/N No
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InteriorCeiling Height 16-20 Feet Less than 16 Ft.
Fuel Type Natural Gas
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* Excluded FeaturesList ByELLEN WYSSLINGListing Agent
The Real Estate StoreBroker
ellenwyssling@hotmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,410
- 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.
Learn more about how to save NearbyCommerical listings in Ironwood, MI
Average List Price $491,038
Percent of Sale Price 114%
About Ironwood, MI 4,998 Population
-20% Since 2002
$ 28,589 Median Income
44.88 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/4/2026 | $229,000 | | Listed Price |