629 W Cloverland Dr - Storefront FOR SALE


Ironwood, MI 49938
$2,500,000 USD
715-891-6686
629 W Cloverland Dr, Ironwood, MI for Sale
$2,500,000 USD
Storefront - FOR SALE
1/14
null | Request Cap Rate

629 W Cloverland Dr
Ironwood, MI 49938


HIGHLIGHTS

  • Multifunctional Commercial Property.
  • Extremely visible location on highly-trafficked US 2.
  • 4.3 acres of land and over 20,000 sqft of building space!

OVERVIEW

Exceptional opportunity to acquire a multifunctional commercial property in Ironwood, MI. Sunnyside Plaza presents a range of possibilities for entrepreneurs & investors alike! Extremely visible location off the highly trafficked US 2 while offering 4.3 acres (2-parcels) for future expansion. 19,500 sq ft plaza was meticulously built with the highest quality materials & standards, has 7 tenants, of which most have been long term, a 2nd 800 sq ft building with an 8th tenant, black topped parking front & back for up to 85 vehicles, 38x28 detached garage, additional storage building, security cameras, 3-phase power, city sewer & water, ADA compliance, sidewalks, half log & stone exterior, forced air & central air units for all units, multiple front display windows, attached garage with overhead door & an additional access from a back city street. The square footage for each unit space varies and could be easily adapted for other various uses & layouts. Specific details available. Operate as it is currently, almost $30K in gross lease, or capitalize with your own ideas & dreams. The versatility of this incredible commercial property offers numerous opportunities for growth & success.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunnyside Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

4.3 AC

LAND SF

187,308 SF

ZONING

C-3

APN/PARCEL ID

52-21-202-120

ASK ABOUT THIS PROPERTY

Rachel MARTINRedman Realty Group LLCMore Info
715-891-6686

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Rachel MARTINRedman Realty Group LLCMore Info
715-891-6686

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