Ironwood, MI 49938,408 Silver Street
Ironwood, MI 49938,408 Silver Street
Ironwood, MI 49938,408 Silver Street
34
$59,100
$69,900
15.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5,170 SqFt

408 Silver Street Ironwood, MI 49938

Est. payment /mo
SOLD DATE : 04/28/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $59,100

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 5,170 sqft

Price per Sqft $11

Subdivision Mi

MLS Listing ID 50167515

Sold Date 04/28/25

Year Built 1890

Annual Tax Amount $880

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 50x110

Property Sub-Type Commercial/Industrial

Property Description

Endless possibilities with this Michigan gateway property! This 5200 sq ft, 140 yr old commercial building has a beautiful view of the river from the 2nd floor and is walking distance to Ironwood's downtown district or Hurley, Wisconsin's famous Silver St. bars and restaurants. As one of the first commercial spots on the Ironwood side of the State line, it has a high degree of retail visibility. Daily traffic count on Silver Street is at 5,300, where Hwy 2 is at 5,200. Square nails found in renovation determine it was built prior to 1890. Great bones from the 24-inch native stone foundation up. 11' ceilings. It has had 5 years of meticulous, thoughtful renovation to the main floor with tons of original charm. The upstairs of this property is unfinished, but it has the possibility for up to 6 upstairs apartments or one big 2600 sq ft loft. The main floor is move in ready and could be used as creative living space or as a clean slate ready for commercial buildout. A ton of on street parking as well as parking in the rear. Adjacent lot to the North available.

Location

State MI

County Gogebic

Area Ironwood (27006)

Building

Water Public Water, Community

Others

Ownership Private

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Commercial Loan,Conventional,Conventional Blend

Read Less


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by NORTHERN TRAILS REALTY
Bought with THE REAL ESTATE STORE

GET MORE INFORMATION

Name
Phone*
Message