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    Florence, WI
    Restaurants

    Florence, WI Restaurants for Sale

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    Crystal Falls, MI Iron Mountain, MI Kingsford, MI Sagola, MI Niagara, WI Quinnesec, MI Long Lake, WI Norway, MI
    Elevated Campground with Pool
    Updated: Aug 24
    Elevated Campground with Pool

    4080 US Hwy 2, Florence, WI 54121

    $799,900
    73.00 AC lot
    73‑acre campground with 70 sites, 1 yurt, and 2 cabins
    Indoor pool, camp store, and horseshoe pits on site
    Mineshaft Grille provides on‑property food service
    Located at 4080 US Hwy 2 west of Florence, WI
    Built in 2007 with composition and metal roofs
    View details
    Renovated Wedding Venue with Ballroom
    Updated: Jul 14, 2025
    Renovated Wedding Venue with Ballroom

    748 Central Avenue, Florence, WI 54121

    $895,000
    15,400 sqft
    Grand ballroom accommodates up to 300 guests
    50 ft bar area and full commercial kitchen
    Tables, chairs, and inventory included
    Valid Wisconsin liquor license
    Existing tanning, martial arts, and exercise/gym occupants
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    Bar and Restaurant Building
    Bar and Restaurant Building

    5050 Keyes Lake Drive, Florence, WI 54121

    Contact for pricing
    3,050 sqft

    Bar/restaurant space with approximately 3,050 SF and on-site paved parking.

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    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 9 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 1 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.

    Drive-Through Restaurant Property
    Drive-Through Restaurant Property

    701 N Stephenson Avenue, Iron Mountain, MI 49801

    $550,000
    3,124 sqft 0.15 AC lot

    Two commercial buildings with parking, central air, and a drive-through configuration at a Main Street and US2 frontage location.

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    Renovated Storefront with Commercial Kitchen
    Renovated Storefront with Commercial Kitchen

    393 Woodward Avenue, Kingsford, MI 49802

    $189,900
    2,175 sqft 0.29 AC lot

    Updated retail building with customer-facing windows, restaurant infrastructure, and included commercial cooking equipment.

    View details
    Restaurant Building with Highway Access
    Restaurant Building with Highway Access

    1605 N Stephenson Avenue, Iron Mountain, MI 49801

    $329,500
    3,288 sqft 0.48 AC lot

    New plumbing and wiring support restaurant, retail, or professional office use in a flexible commercial setting.

    View details
    Renovated Storefront Property with Kitchen
    Renovated Storefront Property with Kitchen

    393 Woodward Ave, Kingsford, MI 49802

    $189,900
    2,175 sqft

    Modernized commercial space with prominent windows and an equipped kitchen ready for retail, restaurant, or other customer-facing use.

    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

    Commercial zoning and a shingle-roof building are present on the parcel.

    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 18,450 square feet of properties for sale, with an estimated market value of $1,694,900.

    Sale prices for restaurant properties in Florence, WI start at $799,900, averaging $847,450, and reaching up to $895,000 — 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 2
    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 $404.9K

    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%

    Listings Trend

    New vs delisted commercial listings in Florence County

    New Delisted

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