$148,000

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Listed by Re/Max Action North

Description

Historic downtown Ironwood, Michigan 1900 Miners Mural Apartments and retail stores. Upstairs are (4) 1 bedroom/1 bath, (1) efficiency/1 bath, and (1) 2 bedroom/1bath apartments. The apartments have 12 ft. ceilings with large rooms. All of the double windows (18-22) were replaced in 2003. They are energy efficient with lower window that slides up and the upper window fixed. All have screens. We kept the original 1900 window casings. A separate laundry room with (2) coin operated washers and dryers. Refrigerator and stoves included in all units. Original 1900 woodwork. The building was upgraded at a cost of $ 120,000 in 2003. New electrical service, new carpeting, and paint. Downstairs are 3 retail store fronts (25'x60'). Can be operated as one or separated for various businesses. Currently the corner is Helping Hands furniture, thousands of vinyl records, antiques, electronics, collectibles. All inventory is included in the sale price. The downstairs basement is 4,500 square feet with 8 foot ceilings. Plenty of space for new ideas and new uses or to continue with the antiques and collectibles business. Separate electrical metering to the downstairs and upstairs apartments. These large downtown apartments are ideal for rental, or use to live in or rent out thru AirBNB. The apartments are all currently vacant. A new gas/steam boiler is needed with a cost of approximately $ 16,000 installed. There are original 24"x24" tin rosette tiles on the ceiling in 2 of the retail stores. Very Motivated Seller!

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Property Details

Features Commercial

Type: Comm Bldg/No Business Year Built: 1900
Waterfront: N Est Water Front Ft: 0.0
Total Bldg Sq Ft: 4,500 Body of Water
Municipality: Ironwood C Area: Ironwood C
Acreage: 0.14

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Listing History

Date Event Change
Nov 23 2020 9:08AM Price Change $148,000
Nov 12 2020 9:08AM Price Change $159,900
Sep 28 2020 9:15AM Price Change $159,900
Sep 11 2020 4:10PM Price Change $169,000
Aug 18 2020 4:11PM Price Change $175,000
Aug 18 2020 4:10PM Price Change $175,000

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