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Iron River, WI Resorts for Sale

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Resort Lodge with Restaurant
Updated: Feb 27
Resort Lodge with Restaurant

12770 Scenic Drive, Iron River, WI 54847

$1,295,000
5,040 sqft 14.00 AC lot
14‑acre resort property at 12770 Scenic Drive, Iron River, WI 54847
5,040‑square‑foot main lodge with operating bar and restaurant
Attached three‑bedroom residence with open‑concept kitchen and great room
Lower level includes three bedrooms, full bath, family room, and storage
Primary suite has a private bath with jetted tub and walk‑in shower
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Iron River, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Year-Round Waterfront Resort
Year-Round Waterfront Resort

12890 N County Road T, Hayward, WI 54843

$850,000
2,831 sqft

Bar, dining, motel lodging, and attached residential quarters are combined on a recreational lake.

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Lakefront Resort With Rental Cabins
Lakefront Resort With Rental Cabins

2974N HIAWATHA RD, Butternut, WI 54514

$1,570,000
3.10 AC lot

Hospitality property with cabins, food-and-beverage space, and recreational amenities.

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Nelson Lake Resort with Restaurant
Nelson Lake Resort with Restaurant

12890 N County Hwy T, Hayward, WI 54843

$850,000
2,831 sqft 1.32 AC lot

Waterfront hospitality property with bar, dining facilities, motel units, and attached residential quarters.

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Waterfront Resort With Restaurant
Waterfront Resort With Restaurant

11633 LAKEVIEW DR, Butternut, WI 54514

$849,000
2.70 AC lot

Four cabins complement a lakeside dining and tavern operation with boat and vehicle access.

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Iron River, WI Resorts Market Trends and Statistics

Explore 1 resorts for sale in Iron River, WI on our real estate platform. These investment opportunities span a total of 5,040 square feet of properties for sale, with an estimated market value of $1,295,000.

Sale prices for resorts in Iron River, WI average $1,295,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Resorts 1

Demographics Overview

Population 2,454
Population Growth (5Y) +11.9%
Median Household Income $67,946
College Educated 42.5%

High-Yield Neighborhoods for Investment

Identify Iron River submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
54847 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.75%
Tax Rate vs County Average 0.21 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bayfield County

New Delisted

Total CRE Inventory on Market (SF)

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