Iron River, MI Restaurants for sale

Updated: Jan 12

Restaurant and Bar with Full Basement

130 Washington Avenue, Iron River, MI 49935

$199,000

2,923 sqft 0.45 AC lot

2923 SF restaurant and bar with full basement
Michigan liquor license included
Fully remodeled commercial kitchen with premium 10' Captivaire vent hood
Major upgrades: new plumbing, updated electrical, forced‑air heating, newer roof (2018)
Separate residence behind the building with 4 bedrooms (2 down, 2 up)

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Updated: Dec 17, 2025

Bar and Pub Building with Newer Roof

202 W Genesee Street, Iron River, MI 49935

$119,900

3,236 sqft 0.08 AC lot

3,236‑square‑foot commercial building on a 0.08‑acre parcel
Former supper club with potential for food service, retail, fitness, salon, or mixed‑use concepts
Newer rubber flat roof installed
Forced‑air heating and central air
Commercial zoning with public water

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Turnkey Restaurant and Bar Building

130 Washington Avenue Unit SourceFi, Iron River, MI 49935

$199,000

2,923 sqft

Ready-to-operate restaurant and bar with a full basement, remodeled kitchen, and included equipment for immediate service.

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Historic Building with Fountain Bar

213 W Adams St, Homer, MI 49245

Contact for pricing

1888 building includes a fountain bar with marble ledge and apartments, with renovations and updates completed in 2010.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 4 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 Bar & Pub

329 Superior Avenue, Crystal Falls, MI 49920

$172,900

2,000 sqft 0.09 AC lot

Includes an equipped kitchen, Class C liquor license, and additional upstairs space.

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Turnkey Bakery and Cafe

318 Superior Avenue, Crystal Falls, MI 49920

$105,000

5,663 sqft 0.13 AC lot

Fully furnished bakery and cafe with commercial kitchen and both dine-in seating and grab-and-go service.

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Bar and Grill with Highway Exposure

N10086 M95 Highway, Sagola, MI 49881

$145,000

1,600 sqft 1.26 AC lot

Existing bar-and-grill property with included furnishings, equipment, and fixtures.

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COMMERCIAL - Sagola, MI

N10086 M95 Hwy, Sagola, MI 49881

$145,000

1,600 sqft 1.26 AC lot

Existing bar-and-grill property with included furnishings, equipment, and fixtures.

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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.

RESTAURANT

202 Genesee St, Iron River, MI 49935-1439

$355,000

Estimated value

3,600 sqft 0.08 AC lot

View details

RESTAURANT

405 Washington Ave, Iron River, MI 49935

$250,000

Estimated value

1,650 sqft 0.04 AC lot

View details

BAR, TAVERN

130 Washington Ave, Iron River, MI 49935-2222

$295,000

Estimated value

3,000 sqft 0.08 AC lot

View details

BAR, TAVERN

510 Washington Ave, Iron River, MI 49935-2101

$465,000

Estimated value

3,447 sqft 0.91 AC lot

View details

DRIVE-THRU RESTAURANT, FAST FOOD

727 Riverside Plz, Iron River, MI 49935-1525

$255,000

Estimated value

2,400 sqft

View details

BAR, TAVERN

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

$195,000

Estimated value

720 sqft 4.00 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

211 Genesee St, Iron River, MI 49935-1517

$255,000

Estimated value

3,400 sqft

View details

RESTAURANT

321 Genesee St, Iron River, MI 49935-1353

$330,000

Estimated value

2,020 sqft 0.08 AC lot

View details

BAR, TAVERN

207 Genesee St, Iron River, MI 49935-1438

$355,000

Estimated value

2,250 sqft 0.17 AC lot

View details

BAR, TAVERN

675 Baumgartner Rd, Iron River, MI 49935-9325

$470,000

Estimated value

3,900 sqft 5.75 AC lot

View details

RESTAURANT

321 Adams St, Iron River, MI 49935-1349

$330,000

Estimated value

2,059 sqft 0.22 AC lot

View details

RESTAURANT

402 Adams St, Iron River, MI 49935-1352

$515,000

Estimated value

5,130 sqft 0.25 AC lot

View details

RESTAURANT

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

$370,000

Estimated value

2,400 sqft

View details

Iron River, MI Restaurants Market Trends and Statistics

Explore 17 restaurants for sale in Iron River, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,082 square feet of properties for sale, with an estimated market value of $517,900.

Sale prices for restaurant properties in Iron River, MI start at $119,900, averaging $172,633, 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.

Neighborhood	Average Price
49935	$182.1K

Neighborhood

Average Price

49935

$182.1K