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    Florence, WI
    Restaurants

    Florence, WI Restaurants for Sale

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    Iron Mountain, MI Kingsford, MI Crystal Falls, MI Niagara, WI Quinnesec, MI Long Lake, WI Norway, MI Iron River, MI
    Updated Turnkey Retail/Office Building
    Updated: Jun 16
    Updated Turnkey Retail/Office Building

    733 Central Avenue, Florence, WI 54121

    $159,900
    1,968 sqft 0.08 AC lot
    1,968 SF commercial building for sale in Florence, WI with updated interior finishes and major systems completed.
    Recent upgrades include 200‑amp electrical service, a natural gas furnace with updated ductwork, and central air.
    All new flooring, drywall, and lighting completed within the last 5 years.
    Metal roof installed in 2010; conventional framed construction with hardboard and steel exterior.
    Remodeled bathroom plus addition of two utility sinks.
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    El Capitan Supper Club - Florence, WI
    Updated: Jun 10
    El Capitan Supper Club - Florence, WI

    695 Us2 Hwy, Florence, WI 54121

    $649,900
    6,300 sqft 0.91 AC lot
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    Established Restaurant on US Highway
    Established Restaurant on US Highway

    695 US-2, Florence, WI 54121

    $649,900
    6,300 sqft

    Iconic restaurant with loyal customer base on busy highway.

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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 12 Potential Opportunities for your consideration. Besides 3 Active listings in Florence, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Prime Commercial Location in Iron
    Prime Commercial Location in Iron

    701 N Stephenson Avenue, Iron Mountain, MI 49801

    $550,000
    3,124 sqft 0.15 AC lot

    Two commercial buildings on nearly an acre with high visibility.

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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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    Blackstone Pizza & Pub - Iron Mountain, MI
    Blackstone Pizza & Pub - Iron Mountain, MI

    207 E Hughitt St, Iron Mountain, MI 49801

    $550,000
    4,680 sqft 0.13 AC lot

    Turnkey bar and restaurant in Iron Mountain's historic district.

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    Turnkey Bakery and Cafe
    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.

    View details

    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.

    Commercial Land with Existing Building
    Commercial Land with Existing Building

    909 S Stephenson Avenue, Iron Mountain, MI 49801

    $250,000
    2,335 sqft 0.20 AC lot

    A zoned commercial site with a 72-by-120 lot and an older 2,335 SF building on a main thoroughfare.

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    Prime Land Near Highway
    Prime Land Near Highway

    US-41 Highway, Ishpeming, MI 49849

    $150,000
    21.00 AC lot

    20+ acre commercial land parcel with highway frontage.

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    Prime Land on US Highway
    Prime Land on US Highway

    362 E US41/M28 Highway, Negaunee, MI 49866

    $995,000
    2.00 AC lot

    High-exposure land on a major highway near Marquette, Michigan.

    View details
    Prime Commercial Land in Negaunee
    Prime Commercial Land in Negaunee

    362-368 E US41/M28 Highway, Negaunee, MI 49866

    $2,495,000
    5.00 AC lot

    High-exposure commercial land on US Highway 41/28 in Negaunee.

    View details

    Off-Market Properties in Florence, WI

    Consider similar Off-Market properties in Florence, WI. 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.

    695 Us-2
    Restaurants

    695 Us-2, Florence, WI 54121

    Value Estimation by Request
    6,300 sqft 0.91 AC lot
    View details

    Florence, WI Restaurants Market Trends and Statistics

    Explore 4 restaurants for sale in Florence, WI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 14,568 square feet of properties for sale, with an estimated market value of $1,459,700.

    Sale prices for restaurant properties in Florence, WI start at $159,900, averaging $486,566, and reaching up to $649,900 — 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

    Coffee shops 1
    Conventional restaurants 1

    Demographics Overview

    Population 3,213
    Population Growth (5Y) +7.6%
    Median Household Income $57,927
    College Educated 32.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    54121 $402.4K

    Taxes & Financing

    Tax Rate (average for all types) 2.36%
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

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