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    Iron River, WI
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    Iron River, WI Restaurants for Sale

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    Brule, WI Mason, WI Maple, WI Barnes, WI Lake Nebagamon, WI Port Wing, WI Solon Springs, WI Poplar, WI
    Resort Lodge with Restaurant
    Updated: Feb 27
    Resort Lodge with Restaurant

    12770 Scenic Drive, Iron River, WI 54847

    $1,295,000
    5,040 sqft 14.00 AC lot
    14‑acre resort property at 12770 Scenic Drive, Iron River, WI 54847
    5,040‑square‑foot main lodge with operating bar and restaurant
    Attached three‑bedroom residence with open‑concept kitchen and great room
    Lower level includes three bedrooms, full bath, family room, and storage
    Primary suite has a private bath with jetted tub and walk‑in shower
    View details
    Multi-Use Entertainment and Dining Building
    Updated: Oct 16, 2025
    Multi-Use Entertainment and Dining Building

    68290 S Main Street, Iron River, WI 54847

    $225,000
    11,040 sqft
    11,040 sq ft commercial building in downtown Iron River, WI on the corner of US Hwy 2 and Main Street (Commercial zoning).
    Four income‑producing spaces under one roof: nearly 4,500 sq ft 6‑lane bowling alley.
    3,500 sq ft bar area with gaming tables, a stage for live entertainment, and plenty of seating.
    1,500+ sq ft restaurant area with a fully equipped commercial kitchen.
    Upstairs apartment offers 2 bedrooms, 1.5 baths, and an open living area (1,500+ sq ft).
    View details
    Lakeside Supper Club & Resort
    Lakeside Supper Club & Resort

    65445 County Highway H, Iron River, WI 54847

    $990,000

    Turn-key lakeside supper club and resort with restaurant, bar, lake-view decks, dock, rentals, cabins, and an on-site residence.

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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 7 Potential Opportunities for your consideration. Besides 3 Active listings in Iron River, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Historic Brownstone Restaurant Building
    Historic Brownstone Restaurant Building

    315 Turner Rd, Ashland, WI 54806

    $549,900
    3.50 AC lot

    Brownstone restaurant building with bar/lounge, multiple dining areas, commercial kitchen, and wrap-around porch with Lake Superior views.

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    Triple Net Restaurant Building
    Triple Net Restaurant Building

    808 Main Street W, Ashland, WI 54806

    Contact for pricing
    20,000 sqft

    For sale with a new 15-year triple net lease starting at close, offering zero landlord responsibilities.

    View details
    Delta, WI Restaurant Opportunity
    Delta, WI Restaurant Opportunity

    14385 County Hwy H, Mason, WI

    Contact for pricing
    2,066 sqft 6.34 AC lot

    Profitable restaurant location for sale in Delta, Wisconsin.

    View details
    Historic Bar and Residence
    Historic Bar and Residence

    24445 County Hwy E, Mason, WI 54856

    Contact for pricing

    Front bar and poolroom space with food prep and restrooms, plus a back residential unit with two bedrooms.

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    Iron River, WI Restaurants Market Trends and Statistics

    Explore 3 restaurants for sale in Iron River, WI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 16,080 square feet of properties for sale, with an estimated market value of $2,510,000.

    Sale prices for restaurant properties in Iron River, WI start at $225,000, averaging $836,666, and reaching up to $1,295,000 — 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

    Conventional restaurants 3
    Bars & Pubs 2

    Demographics Overview

    Population 2,454
    Population Growth (5Y) +11.9%
    Median Household Income $67,946
    College Educated 42.5%

    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
    54847 $976.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.75%
    Tax Rate vs County Average 0.21 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Bayfield County

    New Delisted

    Total CRE Inventory on Market (SF)

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