Restaurant with Banquet
For Sale
$329,000
7833 77 Highway, Iron Belt, WI 54536
COM/IND/BUS OPP, Iron Belt V-WI, WI
Property Size2,955 SF
Lot Size0.87 Acres
Price / SF$111.34
Days on Market8
Property Features for 7833 77 Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Zoning description
Commercial
Parking features
Parking Lot
Patio and Porch features
Patio
Exterior features
Deck/Patio
Lot features
Main Street, Rural, Utilities Above Ground
Subdivision
Knight T-WI
Standard status
Active
Size
2,955 SF
Lot size
0.87 Acres
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Utilities
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Building Details
Roof type
Rubber
Listing Agency:
FIRST WEBER, INC
(906) 667-6366
Listed By:
PETER SEIFERT
(906) 285-9955
Added: Oct 22
Changed: Oct 29
Last Checked: Oct 29 at 6:06PM
MLS# 50226025
Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This restaurant property includes 2,955 square feet on a 0.87-acre parcel. The main level features an L-shaped bar, a large dining room, and a salad bar. Kitchen equipment includes stainless steel appliances, with a walk-in cooler and freezer. A full basement provides a banquet area and a second bar. Remodeling has been completed since 2020, and outdoor features include a deck and patio.
The paved parking lot includes a gas pump. The property is zoned Commercial and has public water service. Heating is forced air, with central air and ceiling fans for cooling.
The paved parking lot includes a gas pump. The property is zoned Commercial and has public water service. Heating is forced air, with central air and ceiling fans for cooling.
Key Highlights
- 2,955‑square‑foot restaurant on 0.87 acres
- L‑shaped bar, large dining room, and salad bar on the main level
- Full basement with banquet area and additional bar
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
Demographics for 54536, WI
184
Population
160
Households
1.2
Avg Household Size
50
Median Age
12%
College-Educated
98%
High-School Grad
41.2 sq mi
ZIP Area
4
Density / Sq Mi
$56,000
Median Household Income
$52,500
Median Earnings
$65,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A full basement adds a separate banquet area and bar to the restaurant’s dining and kitchen facilities.
Where is this conventional restaurant located?
The property is located at 7833 77 Highway Iron Belt, WI.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 2,955‑square‑foot restaurant on 0.87 acres; L‑shaped bar, large dining room, and salad bar on the main level; Full basement with banquet area and additional bar
