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2,923 sqft

$199,000

130 Washington Avenue, Iron River MI, 49935

Price per sqft$68.08
Built in1932
Property size2,923 sqft
Property typeCommercial

Overview

Active

Listed Jan 13, 2026

Updated 9 days ago

Formerly Liminal, this 2923 sq ft commercial restaurant & bar (with full basement) offers a rare, ready-to-operate business opportunity in the heart of Iron County. The property includes a Michigan liquor license, extensive recent upgrades and a separate residence behind the building—creating the perfect live/work or income-producing setup. Major improvements include a fully remodeled commercial kitchen, new plumbing, updated electrical, new forced-air heating, newer roof (2018), new concrete flooring, renovated bathrooms, fresh interior & exterior paint, and a premium 10’ Captivaire vent hood. The sale includes a complete lineup of commercial equipment—stove, fryers, prep tables, walk-in cooler & freezer, beer coolers, POS system, salad bar, and more—making this a true turnkey operation. The home offers 4 bedrooms (2 down, 2 up) and more room on the third floor (thinking game room for fun or office space) and great potential to be renovated for owner occupancy, rental income, or Airbnb. There are 4 lots with this property. Located near popular snowmobile and outdoor recreation trails, this is an ideal destination business with built-in customer traffic. Own the building. Run the business. Live onsite or create rental income. A dream opportunity for entrepreneurs ready to bring their restaurant & bar vision to life.

Additional information

MLS® ID
50197464

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.45 Acres

Other Property Details

Municipality
Iron River
MLS provider logo

Listed by NICOLE HEBERT with KELLER WILLIAMS CLASSIC REALTY NW
Listing Contact: 906-284-0216 

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Data last updated on 10/12/2026 at 10:14 PM UTC

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