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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Iron River, WI, 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.

Mixed-Use Commercial Property
Mixed-Use Commercial Property

Highway 2 Lake Shore Drive, Ashland, WI 54806

$1,695,000

Commercial and residential zoning supports a combination of business locations and homes with views across Chequamegon Bay.

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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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Restaurant and Bar with Cabin
Restaurant and Bar with Cabin

14633 East Mail Rd, Gordon, WI 54838

$354,900

Updated kitchen facilities, flexible dining areas, and a year-round cabin support multiple on-site uses.

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94-Room AmericInn Hotel
94-Room AmericInn Hotel

3009 LAKE SHORE DR E, Ashland, WI 54806

Contact for pricing

Hotel property near Chequamegon Bay with access to Lake Superior recreation and Ashland’s historic downtown.

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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 $945K

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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