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$595,000 for Sale

932 e cloverland, ironwood, MI 49938

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Property Description
This business opportunity is a pivotal Rangeland source of family entertainment! Currently a four screen movie cinema with a two register concession stand, vestibule ticket sales area, Restrooms, first floor office space, and upstairs storage. The cinema was originally built in 1970 as a two screen movie theatre. In 1998, the building was remodeled to its current four screen theatre with an updated lobby. Other upgrades include an 11 year old Duralast roof, 10" fiberglass insulation in the ceiling, 4 NG furnaces-2 ton HVAC systems that are approx. 13 years old. The Southwest theatre is 40x40 and seats 179 plus multiple wheelchair accessible spots. The Southeast theatre is 30x40 and seats 92 with multiple wheelchair accessible spots. The Northwest theatre is 30x40 and seats 100 with multiple wheelchair accessible spots. The Northeast theatre is 30x30 and seats 80 with multiple wheelchair accessible spots. All theatres have fleck flooring. Fixtures that are included: projectors, popcorn machine, ice machine, cotton candy machine, popcorn warmer, nacho cheese warmer, seats, seat replacement parts, and office supplies. Building and land are being sold together.
General Information
Sale Price: $595,000
Price/SqFt: $69
Status: Active
MLS#: 50149840
City: ironwood
Post Office: ironwood
County: Gogebic
Acres: 2.54
Lot Dim: 409x135 409x135
Size: 8,640 sq.ft.
Acreage: 2.54 est.
Year Built: 1970
Property Type: Business
Tax, Fees & Legal
Est. Summer Taxes:  $14,621
Est. Winter Taxes:  $1,220


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: ELLEN WYSSLING of THE REAL ESTATE STORE

This listing last updated: Thu, July 25, 2024 at 5:26:17 PM EDT

MIRealSource Listing Data Last Updated On Saturday, October 5 2024 at 6:40am
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Listings presented by:
ELLEN WYSSLING
THE REAL ESTATE STORE
Call: (906) 364-0655

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