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Sunnyside Plaza 629 W Cloverland Dr 20,263 SF 90% Leased Retail Building Ironwood, MI 49938 $3,446,675 CAD ($170.10 CAD/SF)



Investment Highlights
- Multifunctional Commercial Property.
- 4.3 acres of land and over 20,000 sqft of building space!
- Extremely visible location on highly-trafficked US 2.
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
20,263 SF
Building Class
C
Year Built
2005
Price
$3,446,675 CAD
Price Per SF
$170.10 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
4.30 AC
Opportunity Zone
Yes
Zoning
C-3
Parking
20 Spaces (0.99 Spaces per 1,000 SF Leased)
Frontage
850’ on Cloverland Dr
Amenities
- Security System
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- ABM Gallery Pottery & Painting
- Arts, Entertainment, and Recreation
-
99,999 SF
- -
- -
- Bahs Dance Studio
- Arts, Entertainment, and Recreation
-
99,999 SF
- -
- -
- Oma's Attic Thrift Store
- Retailer
-
99,999 SF
- -
- -
- Rising Sun Massage Studio
- Services
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| ABM Gallery Pottery & Painting | Arts, Entertainment, and Recreation | 99,999 SF | - | - | ||
| Bahs Dance Studio | Arts, Entertainment, and Recreation | 99,999 SF | - | - | ||
| Oma's Attic Thrift Store | Retailer | 99,999 SF | - | - | ||
| Rising Sun Massage Studio | Services | 99,999 SF | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 52-21-202-120 | Improvements Assessment | $1,022,475 CAD |
| Land Assessment | $302,602 CAD | Total Assessment | $1,325,077 CAD |
Property Taxes
Parcel Number
52-21-202-120
Land Assessment
$302,602 CAD
Improvements Assessment
$1,022,475 CAD
Total Assessment
$1,325,077 CAD
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Sunnyside Plaza | 629 W Cloverland Dr
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