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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

8525 Us-2 Iron River, WI 54847

2,800 SF 0.87 ac lot Built 2000
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property in Iron River, WI, presents a unique investment opportunity. Located at 8525 US-2, this 0.87-acre lot features a single-story, 3,900 square foot building constructed in 2000. The building boasts a prime retail space at the front, ideal for showcasing products and services, complete with a large showroom, office, bathroom, storage room, and ample signage space under a full overhang roof. The rear of the property includes a substantial attached garage (approximately 46x48 feet), featuring 12-foot ceilings, three overhead doors (two 8-foot and one 10-foot), 220-volt electric service, a new boiler with in-floor heating, a new water heater, workbenches, and additional storage. Utilities include city water, a drain field septic system, and natural gas service. The property is zoned C2, but the City of Iron River has indicated potential for residential rezoning. Ample parking is available on the gravel driveway. The property has been surveyed and is offered at $349,900. This versatile space is perfect for a variety of uses, from retail to a combination of residential and commercial ventures. Don't miss this chance to own a well-maintained property with significant potential in a desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2000
Total area 2,800 SF
Lot 0.87 ac (37,897 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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