Hospitality

Iron River, WI Hospitality Properties for Sale

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Resort Lodge with Restaurant
Updated: Feb 27
Resort Lodge with Restaurant

12770 Scenic Drive, Iron River, WI 54847

$1,295,000
5,040 sqft 14.00 AC lot
14‑acre resort property at 12770 Scenic Drive, Iron River, WI 54847
5,040‑square‑foot main lodge with operating bar and restaurant
Attached three‑bedroom residence with open‑concept kitchen and great room
Lower level includes three bedrooms, full bath, family room, and storage
Primary suite has a private bath with jetted tub and walk‑in shower
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1 active listing matches your search: Hospitality for sale in Iron River, WI. 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.

Waterfront Resort with Cabins
Waterfront Resort with Cabins

8181 County Road Y, Gordon, WI 54838

$1,495,000
6,000 sqft

Three furnished cabins, a recreation-focused outbuilding, and private boat access form a multi-building property on the St. Croix Flowage.

View details
Lakefront Resort with Condo Motel
Lakefront Resort with Condo Motel

12890 N County Hwy T, Hayward, WI 54843

$850,000
2,831 sqft 1.32 AC lot

A hospitality property combines food and beverage service, guest lodging, and an attached residence on Nelson Lake.

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Short-Term Rental Property with Lake Docks
Short-Term Rental Property with Lake Docks

8372 East Flowage Lane, Gordon, WI 54838

Contact for pricing
3,700 sqft 1.25 AC lot

Four furnished lodging units, RV sites, outbuildings, and operating rental infrastructure create a complete hospitality property.

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Vintage Log Cabin Storefront
Vintage Log Cabin Storefront

14293 W County Road K, Hayward, WI 54843

$249,900
0.62 AC lot

Store with home in rear, suitable for owner occupancy.

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Iron River, WI Hospitality Properties Market Trends and Statistics

Explore 1 hospitality properties for sale in Iron River, WI on our real estate platform. These investment opportunities span a total of 5,040 square feet of properties for sale, with an estimated market value of $1,295,000.

Sale prices for hospitality properties in Iron River, WI average $1,295,000 — 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

Resorts 1

Demographics Overview

Population 2,454
Population Growth (5Y) +11.9%
Median Household Income $67,946
College Educated 42.5%

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
54847 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.75%
Tax Rate vs County Average 0.21 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bayfield County

New Delisted

Total CRE Inventory on Market (SF)

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