Property Details

221 S Suffolk St, Ironwood, MI 49938, USA

Property ID : 1122813

For Sale, Motivated Seller, Reduced $169,000 - Business & Commercial, Multi-family

Ironwood – 221 S Suffolk St – 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!

Additional Details

  • Total # of Buildings: 1
  • Number of Levels: 2
  • Est. Tot. Building: 4,500 Square Feet
  • Retail : 2,250 Square Feet
  • Living Quarters: 2,250 Square Feet
  • Apartments: 6
  • Retail Store Fronts: 3
Information herein is believed to be complete & accurate, however is not the representation of listing broker/agent and is subject to omissions, errors, prior sales or other changes without prior notice.
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Agent Dean Lantta

Dean - 1
  • Office : 906-932-4110
  • Mobile : 906-364-1582
  • Fax : 906-932-2150

Ironwood – 221 S Suffolk St – Historic downtown Ironwood, Michigan 1900 Miners Mural Apartments…
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