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    Florence, WI Restaurants for Sale

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    Iron Mountain, MI Kingsford, MI Crystal Falls, MI
    Florence Restaurant & Bar Opportunity
    $150,000
    4,030 SF

    Florence Restaurant & Bar Opportunity

    508 Central Avenue, Florence, WI 54121

    Restaurant and bar with equipment and parking in Florence, WI.

    • Established restaurant & bar location with 30+ year history.
    • Turn‑key operation: includes all kitchen and bar equipment, tables, and chairs.
    • Generous seating capacity for over 140 patrons in the bar, dining room, and party room.
    • Located directly on ATV/Snowmobile trail.
    • Includes 4000+ sq ft building and adjacent parking lot with 20+ spaces.
    Updated: Nov 1, 2022
    View details
    Established Restaurant on US Highway
    $649,900
    6,300 SF

    Established Restaurant on US Highway

    695 US2 Highway, Florence, WI 54121

    Iconic supper club with loyal customer base for sale.

    • Established, Profitable Restaurant: A century‑old, thriving business with a loyal customer base and exceptional Italian cuisine.
    • Turnkey Operation: Includes all necessary licenses, furniture, inventory, and equipment for a seamless transition.
    • Prime Location: Situated on busy US Hwy 2 with excellent visibility and easy access.
    • Ample Parking: Features a 69‑space parking lot.
    • Versatile Space: 6,300 sq ft facility with an upper level (bar, kitchen, dining, 38‑seat party room) and a lower level 60‑seat banquet room with private bar.
    Updated: Sep 29, 2022
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    Established Restaurant on US Highway
    $649,900
    6,300 SF

    Established Restaurant on US Highway

    Iconic restaurant with loyal customer base on busy highway.

    695 US-2, Florence, WI 54121
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    Established Restaurant & Bar Opportunity
    $150,000
    4,030 SF

    Established Restaurant & Bar Opportunity

    Restaurant and bar with equipment, seating, and parking included.

    508 CENTRAL AVENUE, Florence, WI 54121
    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 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
    $550,000
    3,124 SF

    Prime Commercial Location in Iron

    Two commercial buildings on nearly an acre with high visibility.

    701 N Stephenson Avenue, Iron Mountain, MI 49801
    View details
    Iron Mountain Commercial Building For Sale
    $329,500
    3,288 SF

    Iron Mountain Commercial Building For Sale

    3,288 SF commercial building with high visibility and ample parking.

    1605 N Stephenson Avenue, Iron Mountain, MI 49801
    View details
    Turnkey Bar & Restaurant Opportunity
    $172,900
    2,000 SF

    Turnkey Bar & Restaurant Opportunity

    Fully equipped bar and restaurant in historic downtown Crystal Falls.

    329 Superior Avenue, Crystal Falls, MI 49920
    View details
    Turnkey Bakery & Cafe Opportunity
    $105,000
    5,663 SF

    Turnkey Bakery & Cafe Opportunity

    Fully operational bakery and cafe in prime location.

    318 Superior Avenue, Crystal Falls, MI 49920
    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.

    Prime Commercial Lot For Sale
    $250,000
    2,335 SF

    Prime Commercial Lot For Sale

    High-visibility commercial lot in Iron Mountain, Michigan.

    909 S Stephenson Avenue, Iron Mountain, MI 49801
    View details
    Prime Land Near Highway
    $150,000
    21.00 Acres

    Prime Land Near Highway

    20+ acre commercial land parcel with highway frontage.

    US-41 Highway, Ishpeming, MI 49849
    View details
    Pelican Lake Buildable Land
    $55,000
    5.48 Acres

    Pelican Lake Buildable Land

    5.48 acres near Pelican Lake, perfect for building.

    CTH G lot: 22, Pelican Lake, WI 54463
    View details
    Prime Land on US Highway
    $995,000
    2.00 Acres

    Prime Land on US Highway

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

    362 E US41/M28 Highway, Negaunee, MI 49866
    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
    6,300 SF Lot: 0.91 Acres
    Value Estimation by Request

    695 Us-2, Florence, WI 54121

    View details

    Florence, WI Restaurants Investment Opportunities Market Analysis

    Explore 5 restaurants for sale in Florence, WI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 20,660 square feet of properties for sale, with an estimated market value of $1,599,800.

    Sale prices for restaurant properties in Florence, WI start at $150,000, averaging $399,950, 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

    Conventional restaurants 4
    Bars & Pubs 2

    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 median listing prices of real estate assets

    Neighborhood Average Price
    54121 $400K

    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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