932 E Cloverland Drive

Ironwood, MI 49938

$595,000

MLS# 50149840

LISTING STATUS

Active

LEGAL DESCRIPTION

Building is located on LEASED land with a legal description of Lot 1 excluding the East 10 feet through Lot 26 excluding the East 10 feet of Lot 26 inclusive, Block 12, North Park Addition. & Property ID# 2752-14-360-010: Lot 1 (Exc E 10') Thru 26 (Exc E 10' Lot 26) Inclusive Block 12 North Park and E 1/2 of Vacated Clark St Adjacent to Lot 13 and 14 Block 12 Deed 609/212.

SCHOOL DISTRICT

COUNTY

Gogebic

WATERFRONT

No

PROPERTY TAX AREA

Ironwood (27006)

ROAD ACCESS

City/County, Year Round

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.

BUSINESS TYPE

4 Movie Cinema

TOTAL BUILDING SQ FT

8640.00

ACRES (APPROX.)

2.54

LOT DIMENSIONS

409x135 409x135

YEAR BUILT (APPROX.)

1970

ZONING

Commercial

Utilities

HEATING

Natural Gas: Forced Air

UTILITES

Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Internet DSL Available

AIR CONDITIONING

Central A/C

SEWER

Public Sanitary

WATER

Public Water

Building & Construction

EXTERIOR CONSTRUCTION

Masonry, Metal, Steel

FOUNDATION

Slab

EXTERIOR FEATURES

Security Lighting, Wheelchair Access

COMMERCIAL FEATURES

220 Volt Power, 440 Volt Power, Cable Internet Installed, Display Window, Electric Available, Fixtures, Furniture, Pole Sign, Restroom(s), Security Equipment, Telephone

PARKING

On Site

 

Listing Details

LISTING OFFICE

The Real Estate Store

LISTING AGENT

Wyssling, Ellen