N11582 Black River Road $264,999

    Close

    N11582 Black River Road Ironwood, MI 49938

    • 1,952 sq. ft.
    • 1.95 Acres
    • Commercial
    • MLS# 50128987
    Favorite Share
    Views: 84 Days On Site: 154

    Go Tour This Listing

    Schedule A Showing

    Property Details

    This operational restaurant for sale is an excellent opportunity for anyone looking for a turn-key business in the beautiful Upper Peninsula. The restaurant features a large bar area, perfect for hosting social events or happy hours. The interior boasts plenty of seating, accommodating both small and large groups of diners. Plus the exterior patio is perfect for enjoying a great meal with good friends on a warm summer night. Located close to Powderhorn Ski Hill, the Black River Valley Pub is an excellent destination for skiers and snowboarders looking for a hearty meal and a place to unwind after a day on the slopes. The partial log frame adds to the rustic charm of the establishment, while the loyal customer base ensures a steady stream of business year-round. Whether you're an experienced restaurateur or just starting out, the Black River Valley Pub is an opportunity that you won't want to miss!

    • General Features
      • Acreage 1.95
      • Area Municipality Ironwood Twp (27005)
      • County Gogebic
      • Originating MLS Upper Peninsula Assoc of Realtors
      • Ownership LLC
      • Total SqFt Finished 1952
      • Waterfront Y/N No
      • Year Built 1970
      • ZONING Commercial
    • Building Features
      • Cooling System Wall/Window A/C
      • Exterior Construction Log, Shingle
      • Exterior Features Deck/Patio
      • Foundation Type Basement, Crawl
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
      • Roofing Asphalt, Shingles
    • Property Features
      • Water Private Well
      • Water Features None
      • PARKING 21+ Spaces
      • Lot Size Irregular
      • Roads City/County, Private Road
      • Sewer Septic Septic

    Contact

    Tim Sova

    Tim Sova

    The Tim Sova Team, Associate Broker

    RE/MAX Platinum

    Direct: 810-844-2316

    Neighborhood

    49938 (Ironwood) Demographics

    51 Median Age
    29 Population Density (per sq. mile)
    37% College Educated
    $36,994 Estimated Median Income
    2,736 Estimated Total Home Owners
    1,031 Estimated Total Renters
    73% / 27% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    7,493 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $99,900 Median Sales Price
    7 Homes Sold
    8 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $264,999
        3/6/2024 8:35:47 AM Price Reduced Source: Multiple Listing Service New Value: $264,999 -5.02%
        12/1/2023 4:08:00 PM New in Database Source: Multiple Listing Service New Value: $279,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.