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About the Listing 106762 - UP2896,UP2894
Downtown Ironwood Mixed-Use Investment Opportunity – 2 Commercial Spaces, 6 Apartments & Private Parking Positioned in the heart of vibrant Downtown Ironwood, this exceptional mixed-use property offers a rare combination of commercial visibility, residential income, and future development potential. Comprising 222 E Aurora Street, 220 E Aurora Street, and 224 E Aurora Street, this property presents multiple revenue streams in one prime downtown location. At 222 E Aurora Street, the street-level commercial space welcomes customers with expansive display windows and a warm, inviting atmosphere. Inside, you'll find a carpeted retail area highlighted by a decorative corner fireplace, rich walnut paneling, and exposed decorative ceiling beams that create a cozy yet professional setting. The space also includes a private office or dressing room, a half bath, and an impressive 30' x 18' unfinished room with soaring 20-foot ceilings, offering endless possibilities for expansion, storage, workshops, events, or additional commercial use. A rear entrance provides convenient alley access, while the basement houses the mechanical systems, laundry hookups, and additional storage space. Above the commercial space is a secure, locked entrance leading to six unique apartment units, each offering its own character and floor plan. The apartments feature one- and two-bedroom layouts, with many units benefiting from significant updates, including renovated kitchens and bathrooms, new flooring, fresh paint, updated countertops, and modern fixtures. One unit even boasts skylights that flood the living space with natural light, creating a truly distinctive residence. Several apartments enjoy private or semi-private rear porches, further enhancing tenant appeal. Adjacent to the main building, 220 E Aurora Street provides an additional storefront with exceptional flexibility. Currently configured as private living quarters, the space could easily be reimagined as multiple professional offices, retail suites, studios, or service-based businesses. Featuring 2.5 bathrooms and a full basement, this space offers the versatility entrepreneurs and investors seek in a downtown commercial property. Completing the package is 224 E Aurora Street, a valuable private parking lot providing dedicated off-street parking for tenants-a highly sought-after amenity in any downtown setting. A garage space accessible from the alley adds further utility, while ample public parking across the alley accommodates customers and guests. Located directly across from the library and within walking distance of restaurants, food trucks, boutiques, community events, and everyday services, this property sits in one of Ironwood's most desirable commercial corridors. With a blend of established residential income, flexible commercial space, private parking, and untapped potential for future growth, this is an outstanding opportunity for investors seeking a landmark downtown asset with both immediate cash fl
Listing Highlights
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
50210896
Year Built
1900
Total Square Footage
6,440
Lot/Acreage
0.29
Interior Details
- Bedrooms: 9
- Bathrooms: 7 Full / 1 Half
- Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
- Air Cond: Ceiling Fan(s),Wall/Window A/C
- Heating: Boiler
- Fireplaces: Decorative Fireplace
- Floor:
- Above Ground Sq Ft: 6440
- Below Ground Sq Ft: n/a
- Basement: Full,MI Basement,Outside Entrance,Walk Out,Stone
- Other: First Flr Bath Lav/Half,Hardwood Floors,Walk-In Closet
- Water: Public Water
Exterior Details
- Lot Description: Cleared,Unpaved
- Garage Capacity: 1 car
- Lot Dimensions: 60x140
- Zoning: Commercial
- Roof:
- Others: Sidewalks,Street Lights
- Sewer: Public Sanitary
- Parking Features: Detached Garage,Off Street,3 or More Spaces,Unassigned/General
Financial Details
- Tax Amount: $4,690
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
222 E Aurora Ironwood, MI 49938
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