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    7775 Us Highway 2 Iron River, WI 54847

    For Lease
    $11 SF/Yr ($7,836 /Mo)

    Prime Retail Building, 8,359 SF, Available Now

    Lot size:
    8,359 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 8,359-square-foot retail building is ideally situated at 7775 US Highway 2 in Iron River, Wisconsin, within Bayfield County. The property boasts a single-tenant occupancy, with the entire space currently vacant and ready for immediate lease. The building sits on a sizable 1.1-acre lot, providing ample space for parking and potential future expansion. Its strategic location on US Highway 2 ensures high visibility and accessibility for customers. The property's previous tenant was a Family Dollar store, indicating a history of successful retail operation at this location. This presents a unique opportunity for a business seeking a well-established space with significant street frontage. The building's substantial square footage offers versatility for a wide range of retail concepts. The property is classified as commercial retail and is available for lease. The address is 7775 US Highway 2, Iron River, WI 54847. This is a turnkey opportunity for a business looking to establish a strong presence in a thriving community. The property is conveniently located in Bayfield County, Wisconsin, offering easy access to local amenities and a strong customer base. The building's size and location make it an attractive proposition for a variety of retail businesses. Serious inquiries are encouraged to explore this exceptional retail space.

    Property Features for 7775 Us Highway 2

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,359 SF
    Total Rate
    7836.56

    Unit(s) available at that property

    Space
    Available Space
    Size
    8,359 SF
    Rate per SF
    $11

    HighLights

    • 8,359 SF retail building on a 1.1‑acre lot.
    • Vacant, ready for immediate lease.
    • Located at 7775 US Highway 2, Iron River, WI 54847.
    • High visibility location on US Highway 2 in Bayfield County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Pharmacy Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Iron River
    County
    Bayfield
    State
    Wisconsin
    Longitude
    -91.4121128
    Latitude
    46.5643393

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Building, 8,359 SF, Available Now
    Where is this retail property located?
    The property is located at 7775 Us Highway 2 Iron River, WI.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 8,359 SF retail building on a 1.1-acre lot.; Vacant, ready for immediate lease.; Located at 7775 US Highway 2, Iron River, WI 54847.
    Request Owner's contact information
    7775 Us Highway 2 Iron River, WI 54847
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    Iron River, WI 54847
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7775 Us Highway 2 Iron River, WI 54847
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