37
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$299,000
Est. payment /mo
2,923 SqFt
Price Dropped by $50K
130 Washington Avenue Iron River, MI 49935
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,923 sqft
Price per Sqft $102
Subdivision Mi
MLS Listing ID 50197464
Year Built 1932
Lot Size 0.450 Acres
Acres 0.45
Lot Dimensions 170x120
Property Sub-Type Business
Property Description
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.
Location
State MI
County Iron
Area Iron River (36010)
Zoning Commercial
Interior
Heating Forced Air
Cooling Central A/C, Exhaust Fan, HVAC
Exterior
Parking Features On Site
Roof Type Shingles
Building
Lot Description Cleared
Foundation Basement
Water Public Water
Structure Type Stucco
Others
Ownership Private
SqFt Source CubiCasa
Energy Description Natural Gas
Financing Cash,Commercial Loan,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KELLER WILLIAMS CLASSIC REALTY NW
NEARBY SCHOOL & BUSINESS
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