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Mike Swisher

mike@eliasonrealty.com +1(715) 437-0181

$ 299,000

Est. payment -/mo

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Price Dropped by $50K

130 WASHINGTON AVE Iron River, MI 49935

2,923 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,923 sqft

Price per Sqft $102

MLS Listing ID 215539

HOA Y/N No

Year Built 1932

Annual Tax Amount $2,733

Tax Year 2025

Lot Size 3,485 Sqft

Acres 0.08000459

Property Sub-Type Business

Property Description

Former Liminal, this 3,000 sq ft turnkey restaurant & bar with full basement is packed with value. Includes a Michigan liquor license and over $220,000 in recent improvements: remodeled kitchen, new plumbing, updated electrical, new forced-air heat, newer roof (2018), new concrete flooring, renovated bathrooms, fresh interior & exterior paint, and premium 10' Captivaire vent hood. Property includes extensive commercial equipment and bar setup—truly ready for operation. A separate 4-bedroom home on site offers owner occupancy, rental, or Airbnb potential. Located near snowmobile & recreational trails in Iron County. A rare chance to own a ready-made business with built-in income opportunities.

Location

State MI

County Iron

Community Sidewalks

Direction From Iron River - East on Genesee St, turn right on Lay Ave (Stambaugh Hill) to property at top of hill on right

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Inclusions Real Estate and Business, Fixtures, Equipment, Furniture, Inventory

Fireplace No

Exterior

Exterior Feature Handicap Accessible, Sprinkler/Irrigation

Parking Features On Street

Community Features Sidewalks

Water Access Desc Public

Street Surface Paved

Accessibility Wheelchair Access

Road Frontage City Street, Town Road

Building

Lot Description Rural Lot

Sewer Public Sewer

Water Public

Others

Tax ID 055-116-001-00

Ownership None

Security Features Fire Alarm,Fire Sprinkler System

Listed by KELLER WILLIAMS CLASSIC REALTY NW

NEARBY SCHOOLS & PROPERTIES

Mike Swisher

Agent

+1(715) 437-0181

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