Restaurants

Iron River, MI Restaurants for Sale

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Caspian, MI Crystal Falls, MI Long Lake, WI
Downtown Flexible Commercial Building
Updated: Dec 17, 2025
Downtown Flexible Commercial Building

202 W Genesee Street, Iron River, MI 49935

$119,900
3,236 sqft · 0.08 AC lot
Downtown Iron River commercial building with flexible space for retail, fitness, salon, food service, or mixed‑use concepts (subject to approvals).
Newer roof installed; full clean‑out completed to help reduce upfront capital expenses (sold as‑is).
Utilities: public water; electrical service is in progress.
Heating: forced air; cooling: central air.
Parking includes parking lot and off‑street spaces.
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Turnkey Restaurant & Bar Opportunity
Updated: Jan 12
Turnkey Restaurant & Bar Opportunity

130 Washington Avenue, Iron River, MI 49935

$299,000
2,923 sqft · 0.45 AC lot
Turnkey restaurant and bar with a Michigan liquor license and fully remodeled commercial kitchen, ready for immediate operation.
Includes a separate 4‑bedroom residence, offering live/work flexibility, rental income potential, or Airbnb opportunity.
Extensive recent upgrades, including new plumbing, updated electrical, new forced‑air heating, newer roof (2018), and new concrete flooring.
Complete lineup of commercial equipment included (stove, fryers, coolers, POS system, etc.), minimizing startup costs.
Prime location in the heart of Iron County, near popular snowmobile and outdoor recreation trails, ensuring built‑in customer traffic.
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Historic Two-Story Brick Commercial Building
Historic Two-Story Brick Commercial Building

208 Cherry Street, Iron River, MI 49935

$60,000
8,084 sqft · 0.19 AC lot

Former city hall with two levels, wood entry features, and ready-to-adapt utilities for multiple commercial concepts.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 3 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Updated Turnkey Retail and Office Building
Updated Turnkey Retail and Office Building

733 Central Avenue, Florence, WI 54121

$159,900
1,968 sqft · 0.08 AC lot

Turnkey commercial building with modern HVAC, electrical, and interiors plus street and rear assigned parking.

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Turnkey Bar & Restaurant Opportunity
Turnkey Bar & Restaurant Opportunity

329 Superior Avenue, Crystal Falls, MI 49920

$172,900
2,000 sqft · 0.09 AC lot

Fully equipped bar and restaurant in historic downtown Crystal Falls.

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Turnkey Bakery & Cafe Opportunity
Turnkey Bakery & Cafe Opportunity

318 Superior Avenue, Crystal Falls, MI 49920

$105,000
5,663 sqft · 0.13 AC lot

Fully operational bakery and cafe in prime location.

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El Capitan Supper Club - Florence, WI
El Capitan Supper Club - Florence, WI

695 Us2 Hwy, Florence, WI 54121

$649,900
6,300 sqft · 0.91 AC lot

Iconic supper club with loyal customer base for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Commercial Lot For Sale
Prime Commercial Lot For Sale

909 S Stephenson Avenue, Iron Mountain, MI 49801

$250,000
2,335 sqft · 0.20 AC lot

High-visibility commercial lot in Iron Mountain, Michigan.

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Commercial Lot Near National Chains
Commercial Lot Near National Chains

2.487 Acres Spring Road, Rhinelander, WI 54501

$329,900
2.49 AC lot

Prime 2.487-acre commercial lot in Rhinelander, Wisconsin.

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Prime Commercial Land in Minocqua
Prime Commercial Land in Minocqua

300 FRONT ST E, Minocqua, WI 54548

$1,500,000
1.02 AC lot

Sought-after 1.02-acre commercial land in the heart of Minocqua.

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Prime Commercial Land in Minocqua
Prime Commercial Land in Minocqua

PLAZA DR lot: 12, Minocqua, WI 54548

$249,900
1.58 AC lot

1.58 acre commercial parcel with high exposure in Minocqua.

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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

Value Estimation by Request
3,600 sqft · 0.08 AC lot
View details
405 Washington Ave
RESTAURANT

405 Washington Ave, Iron River, MI 49935

Value Estimation by Request
1,650 sqft · 0.04 AC lot
View details
130 Washington Ave
BAR, TAVERN

130 Washington Ave, Iron River, MI 49935-2222

Value Estimation by Request
3,000 sqft · 0.08 AC lot
View details
510 Washington Ave
BAR, TAVERN

510 Washington Ave, Iron River, MI 49935-2101

Value Estimation by Request
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

Value Estimation by Request
2,400 sqft
View details
461 Gibbs City Rd
BAR, TAVERN

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

Value Estimation by Request
720 sqft · 4.00 AC lot
View details
211 Genesee St
DRIVE-THRU RESTAURANT, FAST FOOD

211 Genesee St, Iron River, MI 49935-1517

Value Estimation by Request
3,400 sqft
View details
321 Genesee St
RESTAURANT

321 Genesee St, Iron River, MI 49935-1353

Value Estimation by Request
2,020 sqft · 0.08 AC lot
View details
207 Genesee St
BAR, TAVERN

207 Genesee St, Iron River, MI 49935-1438

Value Estimation by Request
2,250 sqft · 0.17 AC lot
View details
675 Baumgartner Rd
BAR, TAVERN

675 Baumgartner Rd, Iron River, MI 49935-9325

Value Estimation by Request
3,900 sqft · 5.75 AC lot
View details
321 Adams St
RESTAURANT

321 Adams St, Iron River, MI 49935-1349

Value Estimation by Request
2,059 sqft · 0.22 AC lot
View details
402 Adams St
RESTAURANT

402 Adams St, Iron River, MI 49935-1352

$515,000
Estimated value
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

Value Estimation by Request
2,400 sqft
View details

Iron River, MI Restaurants Market Trends and Statistics

Explore 16 restaurants for sale in Iron River, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 14,243 square feet of properties for sale, with an estimated market value of $478,900.

Sale prices for restaurant properties in Iron River, MI start at $60,000, averaging $159,633, and reaching up to $299,000 — 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 6
Conventional restaurants 6

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 $159.6K

Listings Trend

New vs delisted commercial listings in Iron County

New Delisted

Total CRE Inventory on Market (SF)

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