Conventional Restaurant

Iron River, MI Conventional Restaurants for Sale

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Caspian, MI Gaastra, MI Crystal Falls, MI Long Lake, WI Amasa, MI Florence, WI Phelps, WI
Mixed-Use Property with Restaurant
Updated: Jan 12
Mixed-Use Property with Restaurant

130 Washington Avenue, Iron River, MI 49935

$199,000
2,923 sqft 0.45 AC lot
2,923‑square‑foot restaurant and bar with full basement
Separate residence with 4 bedrooms and additional third‑floor space
Michigan liquor license included with the sale
Remodeled commercial kitchen with 10‑foot Captivaire vent hood
Commercial equipment includes walk‑in cooler and freezer, fryers, POS system, and beer coolers
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Restaurant Building with Newer Roof
Updated: Dec 17, 2025
Restaurant Building with Newer Roof

202 W Genesee Street, Iron River, MI 49935

$60,000
3,236 sqft 0.08 AC lot
3,236‑square‑foot commercial building on a 0.08‑acre lot
Commercial zoning at 202 W Genesee Street, Iron River, MI 49935
Constructed in 1937; formerly operated as a supper club
Newer rubber flat roof and completed full clean‑out
Central air, forced‑air heating, and public water
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Mixed-Use Property with Residence
Mixed-Use Property with Residence

130 Washington Ave, Iron River, MI 49935

$199,000
2,923 sqft

A restaurant and bar with a separate four-bedroom home occupy the Iron River property.

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Mixed-Use Commercial Building
Mixed-Use Commercial Building

202 W Genesee, Iron River, MI 49935

$60,000

Recent work includes roof replacement and removal of remaining contents; electrical service is still underway.

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4 active listings match your search: Restaurant for sale in Iron River, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant and Residence Property
Restaurant and Residence Property

5751/47 Hillside Resort Trl, Phelps, WI 54554

$685,000
4,988 sqft

Separate electric service and utilities support the restaurant and three-bedroom home, which may be sold individually.

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Lakeside Restaurant With Attached Residence
Lakeside Restaurant With Attached Residence

5751/5747 Hillside Resort Trl, Phelps, WI 54554

$699,900
5,360 sqft

Restaurant includes a bar, lake-view dining, and an attached three-bedroom residence.

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Remodeled Conventional Restaurant with Bar
Remodeled Conventional Restaurant with Bar

329 Superior Avenue, Crystal Falls, MI 49920

$129,900
2,000 sqft 0.09 AC lot

Includes a Class C liquor license, commercial kitchen equipment, and flexible second-floor space.

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Bakery and Cafe Restaurant
Bakery and Cafe Restaurant

318 Superior Avenue, Crystal Falls, MI 49920

$95,000
5,663 sqft 0.13 AC lot

Commercial kitchen with furnished dine-in seating, display areas, and grab-and-go service configuration.

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Iron River, MI Conventional Restaurants Market Trends and Statistics

Explore 4 conventional restaurants for sale in Iron River, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,082 square feet of properties for sale, with an estimated market value of $518,000.

Sale prices for conventional restaurants in Iron River, MI start at $60,000, averaging $129,500, and reaching up to $199,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 6
Conventional restaurants 6

Demographics Overview

Population 5,969
Population Growth (5Y) +3.1%
Median Household Income $52,254
College Educated 25.4%

High-Yield Neighborhoods for Investment

Identify Iron River submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49935 $106.3K

Listings Trend

New vs delisted commercial listings in Iron County

New Delisted

Total CRE Inventory on Market (SF)

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