202 W Genesee St - Restaurant FOR SALE


Iron River, MI 49935
$119,900 USD
906-284-0216
202 W Genesee St, Iron River, MI for Sale
$119,900 USD
Restaurant - FOR SALE
1/9
null | Request Cap Rate

202 W Genesee St
Iron River, MI 49935


HIGHLIGHTS

  • High-visibility downtown location with nearby retail and service businesses
  • Positioned in an all-seasons recreational area near ATV and snowmobile trails, supporting local traffic and tourism-driven demand
  • Newer roof installation and full interior clean-out completed to reduce initial capital needs
  • Building delivered in shell condition, ready for customization to suit a variety of uses

OVERVIEW

Offered at $119,900, this downtown Iron River property delivers a unique investment opportunity with a lease option and a flexible shell condition for customization. Featuring over 3,200 square feet of interior space, the building is primed for adaptive reuse, making it suitable for office, retail, or mixed-use configurations (subject to approvals). Positioned in a high-visibility location along W Genesee Street, this asset allows new owners to tailor the interior to meet tenant or operational needs while benefiting from existing structural upgrades, including a newer roof and public utility access.

FOR SALE DETAILS

PRICE

$119,900 USD

PRICE/SF

$57 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

Comm

APN/PARCEL ID

054-115-016-00

ASK ABOUT THIS PROPERTY

Nicole HebertKeller Williams Classic Realty NorthWestMore Info
906-284-0216

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Nicole HebertKeller Williams Classic Realty NorthWestMore Info
906-284-0216

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.