Retail

Florence, WI Retail Space for Sale

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Iron Mountain, MI Kingsford, MI Crystal Falls, MI
Established Restaurant and Bar Opportunity
Updated: Nov 2, 2022
Established Restaurant and Bar Opportunity

508 Central Ave, Florence, WI 54121

$150,000
4,030 sqft
Established restaurant and bar with 30+ years of operation.
Includes real estate: 4000+ sq ft building and adjacent parking lot (20+ spaces).
Located on ATV/Snowmobile trail in the center of Florence.
Seating capacity: Bar (26‑30), Dining Room (80+), Party Room (40).
Previously offered a full menu including pizza, Italian, steaks & seafood.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Florence, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Versatile Commercial Property on Two Acres
Versatile Commercial Property on Two Acres

5000 N Stephenson Avenue, Iron Mountain, MI 49801

$365,000
8,852 sqft · 2.11 AC lot

9,000+ sq ft commercial space with living quarters.

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Downtown Flexible Commercial Building
Downtown Flexible Commercial Building

202 W Genesee Street, Iron River, MI 49935

$119,900
3,236 sqft · 0.08 AC lot

Well-built downtown property with newer roof and clean-out, offering multiple commercial use options subject to approvals.

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High-Visibility Retail Space For Sale
High-Visibility Retail Space For Sale

w8145 US-2, Iron Mountain, MI 49801

$750,000
6,328 sqft · 1.15 AC lot

6,300+ sq ft retail space on 1.15 acres.

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Historic Two-Story Brick Commercial Building
Historic Two-Story Brick Commercial Building

208 Cherry Street, Iron River, MI 49935

$60,000
8,084 sqft · 0.19 AC lot

Former city hall with two levels, wood entry features, and ready-to-adapt utilities for multiple commercial concepts.

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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 PUD-Zoned Land Opportunity
Prime PUD-Zoned Land Opportunity

3229 State Road 207, Elkton, FL 32033

$1,599,000
900 sqft · 2.07 AC lot

2.07 acres of PUD-zoned land in a growing corridor.

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Florence, WI Retail Space Market Trends and Statistics

Explore 1 retail space for sale in Florence, WI on our real estate platform. These investment opportunities span a total of 4,030 square feet of properties for sale, with an estimated market value of $150,000.

Sale prices for retail space in Florence, WI start at $150,000, averaging $150,000, and reaching up to $150,000 — 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

Storefront properties 1

Demographics Overview

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

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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