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932 E CLOVERLAND DRIVE, IRONWOOD, MI 49938
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.

$595,000
MLS# 50149840

 

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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.

 
LOCATION
932 E CLOVERLAND DRIVE
Ironwood, MI 49938

Price: $595,000

County: Gogebic

Tax ID #: 27-52-90-103-375, 2752-14-360-

School District:

Waterfront: No
Water View:
Shoreline:

Road Access: City/County,Year Round

Directions: 27-52-14-360-005 & 27-52-14-360-010

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DETAILS
Business Type 4 Movie Cinema
Total Buildings
Total Building Square Feet 8640.00
Lot Dimensions 409x135 409x135
Year Built (Approx.) 1970
Status: Active

 
 
BUILDING & CONSTRUCTION

Foundation: Slab

 

Basement: No

Construction: Masonry,Metal,Steel

Exterior: Security Lighting,Wheelchair Access

Fireplace:

 

Garage:

Outbuildings:

   

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

 
UTILITIES, HEATING & COOLING

Sewer: Public Sanitary

Water: Public Water

Heat: Natural Gas: Forced Air

 

Air Conditioning: Central A/C

 
 
 
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Listing Office:
The Real Estate Store

Listing Agent:
Wyssling, Ellen

 
 

Office: 906-988-2329 | Toll Free: 1-877-768-9846 | Fax: 906-988-2320

 

 
 
 

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