Iron River, MI Conventional restaurants for sale

Updated: Jan 12

Turnkey Restaurant and Bar

130 Washington Avenue, Iron River, MI 49935

$199,000

2,923 sqft 0.45 AC lot

Turnkey restaurant and bar with a Michigan liquor license and fully remodeled commercial kitchen, ready for immediate operation.
Includes a separate 4‑bedroom residence, offering live/work flexibility, rental income potential, or Airbnb opportunity.
Extensive recent upgrades, including new plumbing, updated electrical, new forced‑air heating, newer roof (2018), and new concrete flooring.
Complete lineup of commercial equipment included (stove, fryers, coolers, POS system, etc.), minimizing startup costs.
Prime location in the heart of Iron County, near popular snowmobile and outdoor recreation trails, ensuring built‑in customer traffic.

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Updated: Dec 17, 2025

Downtown Commercial Building

202 W Genesee Street, Iron River, MI 49935

$119,900

3,236 sqft 0.08 AC lot

Downtown Iron River commercial building built in 1937 with flexible layout for multiple commercial uses (subject to approvals).
Newer roof installed; flat rubber roofing.
Heating: forced air; cooling: central air.
Public water service; roof is flat/rubber.
Off‑street parking with parking lot.

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Historic Brick Commercial Building

208 Cherry Street, Iron River, MI 49935

$60,000

8,084 sqft 0.19 AC lot

Two-story historic brick commercial building with utilities in place and parking on side and street.

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Turnkey Restaurant and Bar Building

130 Washington Avenue Unit SourceFi, Iron River, MI 49935

$199,000

2,923 sqft

Ready-to-operate restaurant and bar with a full basement, remodeled kitchen, and included equipment for immediate service.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Iron River, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

El Capitan Supper Club - Florence, WI

695 Us2 Hwy, Florence, WI 54121

$649,900

6,300 sqft 0.91 AC lot

Iconic supper club with loyal customer base for sale.

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Bar and Restaurant Building

5050 Keyes Lake Drive, Florence, WI 54121

Contact for pricing

3,050 sqft

Bar/restaurant space with approximately 3,050 SF and on-site paved parking.

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Established Restaurant in Land O Lakes

4187 CTH B, Land O Lakes, WI 54540

$399,900

0.39 AC lot

Turnkey restaurant opportunity with year-round business and updated equipment.

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Pine Cone Express Food Trailer

4187 A CTH B, Land O Lakes, WI 54540

$115,000

44 ft gooseneck food trailer with enclosed kitchen.

View details

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 17,166 square feet of properties for sale, with an estimated market value of $577,900.

Sale prices for conventional restaurants in Iron River, MI start at $60,000, averaging $144,475, 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.

Neighborhood	Average Price
49935	$159.6K

Neighborhood

Average Price

49935

$159.6K