Restaurants

Iron River, MI Restaurants for Sale

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Caspian, MI Gaastra, MI Crystal Falls, MI Long Lake, WI Amasa, MI Florence, WI Phelps, WI Watersmeet, MI
Mixed-Use Property with Restaurant
Updated: Jan 12
Mixed-Use Property with Restaurant

130 Washington Avenue, Iron River, MI 49935

$199,000
2,923 sqft 0.45 AC lot
2,923‑square‑foot restaurant and bar with full basement
Separate residence with 4 bedrooms and additional third‑floor space
Michigan liquor license included with the sale
Remodeled commercial kitchen with 10‑foot Captivaire vent hood
Commercial equipment includes walk‑in cooler and freezer, fryers, POS system, and beer coolers
View details
Restaurant Building with Newer Roof
Updated: Dec 17, 2025
Restaurant Building with Newer Roof

202 W Genesee Street, Iron River, MI 49935

$60,000
3,236 sqft 0.08 AC lot
3,236‑square‑foot commercial building on a 0.08‑acre lot
Commercial zoning at 202 W Genesee Street, Iron River, MI 49935
Constructed in 1937; formerly operated as a supper club
Newer rubber flat roof and completed full clean‑out
Central air, forced‑air heating, and public water
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 Active listings in Iron River, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Remodeled Conventional Restaurant with Bar
Remodeled Conventional Restaurant with Bar

329 Superior Avenue, Crystal Falls, MI 49920

$149,900
2,000 sqft 0.09 AC lot

Includes a Class C liquor license, commercial kitchen equipment, and flexible second-floor space.

View details
Renovated Wedding Venue with Ballroom
Renovated Wedding Venue with Ballroom

748 Central Avenue, Florence, WI 54121

$895,000
15,400 sqft

Historic event property with commercial kitchen, bar service, furnishings, and multiple existing business occupants.

View details
Elevated Campground with Pool
Elevated Campground with Pool

4080 US Hwy 2, Florence, WI 54121

$799,900
73.00 AC lot

Outdoor hospitality property combining overnight accommodations, food service, recreation amenities, and views of the surrounding hills.

View details
Bakery and Cafe Restaurant
Bakery and Cafe Restaurant

318 Superior Avenue, Crystal Falls, MI 49920

$95,000
5,663 sqft 0.13 AC lot

Commercial kitchen with furnished dine-in seating, display areas, and grab-and-go service configuration.

View details

Off-Market Properties in Iron River, MI

Consider similar Off-Market properties in Iron River, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

202 Genesee St
RESTAURANT

202 Genesee St, Iron River, MI 49935-1439

Estimated value:
$355,000
3,600 sqft 0.08 AC lot
View details
405 Washington Ave
RESTAURANT

405 Washington Ave, Iron River, MI 49935

Estimated value:
$250,000
1,650 sqft 0.04 AC lot
View details
130 Washington Ave
BAR, TAVERN

130 Washington Ave, Iron River, MI 49935-2222

Estimated value:
$295,000
3,000 sqft 0.08 AC lot
View details
510 Washington Ave
BAR, TAVERN

510 Washington Ave, Iron River, MI 49935-2101

Estimated value:
$465,000
3,447 sqft 0.91 AC lot
View details
727 Riverside Plz
DRIVE-THRU RESTAURANT, FAST FOOD

727 Riverside Plz, Iron River, MI 49935-1525

Estimated value:
$255,000
2,400 sqft
View details
461 Gibbs City Rd
BAR, TAVERN

461 Gibbs City Rd, Iron River, MI 49935-9614

Estimated value:
$195,000
720 sqft 4.00 AC lot
View details
211 Genesee St
DRIVE-THRU RESTAURANT, FAST FOOD

211 Genesee St, Iron River, MI 49935-1517

Estimated value:
$255,000
3,400 sqft
View details
321 Genesee St
RESTAURANT

321 Genesee St, Iron River, MI 49935-1353

Estimated value:
$330,000
2,020 sqft 0.08 AC lot
View details
207 Genesee St
BAR, TAVERN

207 Genesee St, Iron River, MI 49935-1438

Estimated value:
$355,000
2,250 sqft 0.17 AC lot
View details
675 Baumgartner Rd
BAR, TAVERN

675 Baumgartner Rd, Iron River, MI 49935-9325

Estimated value:
$470,000
3,900 sqft 5.75 AC lot
View details
321 Adams St
RESTAURANT

321 Adams St, Iron River, MI 49935-1349

Estimated value:
$330,000
2,059 sqft 0.22 AC lot
View details
402 Adams St
RESTAURANT

402 Adams St, Iron River, MI 49935-1352

Estimated value:
$515,000
5,130 sqft 0.25 AC lot
View details
3599 Us Hwy 2nd 2
RESTAURANT

3599 Us Hwy 2nd 2, Iron River, MI 49935-1569

Estimated value:
$370,000
2,400 sqft
View details

Iron River, MI Restaurants Market Trends and Statistics

Explore 15 restaurants for sale in Iron River, MI on our real estate platform. These investment opportunities span a total of 6,159 square feet of properties for sale, with an estimated market value of $259,000.

Sale prices for restaurant properties in Iron River, MI start at $60,000, averaging $129,500, and reaching up to $199,000 — 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

Bars & Pubs 5
Conventional restaurants 4

Demographics Overview

Population 5,969
Population Growth (5Y) +3.1%
Median Household Income $52,254
College Educated 25.4%

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
49935 $129.5K

Listings Trend

New vs delisted commercial listings in Iron County

New Delisted

Total CRE Inventory on Market (SF)

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