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Five-Suite Office Building
For Sale
$324,900

8025 US Highway 2, Iron River, WI 54847

CommercialSale, Iron River, WI

Property Size2,500 SF
Lot Size2.87 Acres
Price / SF$129.96
Days on Market164

Property Features for 8025 US Highway 2

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Elementary school district Maple
Middle school district Maple
High school district Maple
Directions US Hwy 2 Iron River, WI
Standard status Active
APN 04024247080830019201000
Size 2,500 SF
Lot size 2.87 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HESSEY'S ADDITION LOTS 1 - 5 BLOCK 1 IN DOC 2026R-610892 1063
Tax Annual Amount 4962
Legal Description HESSEY'S ADDITION LOTS 1 - 5 BLOCK 1 IN DOC 2026R-610892 1063

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Building materials WoodSiding
Listing Agency: Coldwell Banker Realty~Iron River
Listed By: Peggy Kman · License #48695-90
Added: Apr 1 Changed: Aug 19 Last Checked: Sep 11 at 5:06AM
MLS# 1599670

Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,500-square-foot office building contains five suites arranged for varied workspace requirements. Suite 1 includes a main work area, three private offices, a kitchen, and a bathroom. The remaining suites provide a combination of single-room and two-room layouts, while Suite 5 includes one large room with an attached heated garage. Suites 2 through 5 share a bathroom.

The property occupies 2.87 acres along US Highway 2 in Iron River, Wisconsin. Paved parking serves the building, which was constructed in 1900 and features wood siding, forced-air heat, central air conditioning, public water, and public sewer.

Key Highlights

  • 2,500 SF office building with 5 suites
  • Suite 1 includes 3 private offices, kitchen, and bathroom
  • Suite 5 has a large room and attached heated garage

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Office units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

165
Businesses Nearby

Demographics for 54847, WI

2,483
Population
2,176
Households
1.1
Avg Household Size
54
Median Age
31%
College-Educated
95%
High-School Grad
191.6 sq mi
ZIP Area
13
Density / Sq Mi
$67,946
Median Household Income
$44,243
Median Earnings
$890
Median Rent
$253,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Multi-suite office property with paved parking and a heated garage serving one of the office suites.
Where is this office building located?
The property is located at 8025 US Highway 2 Iron River, WI.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: 2,500 SF office building with 5 suites; Suite 1 includes 3 private offices, kitchen, and bathroom; Suite 5 has a large room and attached heated garage
More about this property
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