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Resort With Bar And Restaurant
For Sale
$1,295,000

12770 Scenic Drive, Iron River, WI 54847

CommercialSale, Iron River, WI

Property Size5,040 SF
Lot Size14.00 Acres
Price / SF$256.94
Days on Market174

Property Features for 12770 Scenic Drive

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
View Lake
Elementary school district Drummond Area
Middle school district Drummond Area
High school district Drummond Area
Directions From Iron River, take Scenic Drive (right after the bridge) to the resort. You can also take Scenic Drive from the Delta end.
Standard status Active
APN 04016246081240034240000
Size 5,040 SF
Lot size 14.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description tax IDs 37345,46,47,48,50 and 37206
Tax Annual Amount 7160
Legal Description tax IDs 37345,46,47,48,50 and 37206

Utilities

Heating system Hot Water(Heating)
Cooling system Central Air
Water front features Pond
Water front 1

Building Details

Year built 1900
Building materials WoodSiding
Listing Agency: Coldwell Banker Realty~Iron River
Listed By: Peggy Kman · License #48695-90
Added: Feb 27 Changed: Aug 19 Last Checked: Aug 20 at 2:06AM
MLS# 1598800

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 resort property combines a main lodge with a fully operational bar and restaurant and an attached three-bedroom residence. The home includes an open-concept kitchen and great room, a spacious pantry, and a wood stove. Its walkout lower level adds three bedrooms, a full bath, family room, and substantial storage, while the primary suite features an ensuite bath with a garden jetted tub and walk-in shower.

The property encompasses 14 acres and includes 5,040 square feet of building area. It is situated on the shores of Lake Delta in Bayfield County, with central air conditioning, hot-water heating, and wood siding. The property is located at 12770 Scenic Drive in Iron River, Wisconsin.

Key Highlights

  • 14‑acre resort property on the shores of Lake Delta
  • 5,040 square feet of building area
  • Main lodge includes a fully operational bar and restaurant

Property Analytics

Current Use

Scenic Drive Resort Bar & Pub

Suggested Use

Top Pick Real Estate Agency Restaurant

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

7
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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Resort - Includes an attached three-bedroom residence with open-concept living areas and a walkout lower level.
Where is this resort located?
The property is located at 12770 Scenic Drive Iron River, WI.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 14‑acre resort property on the shores of Lake Delta; 5,040 square feet of building area; Main lodge includes a fully operational bar and restaurant
More about this property
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