Iron River WI Real Estate & Commercial for Sale

8 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
11,040
Status:
Active
MLS#:
WIREX_NWW1596501
Type:
General Commercial
Lot size:
0.37 Acres
A broker reciprocity listing Courtesy: Woodland Developments & Realty 715-634-2110
View additional info

ADDITIONAL INFORMATION

A rare opportunity to own a versatile 11,040 sq ft commercial building in the heart of downtown Iron River, WI, ideally situated on the corner of US Hwy 2 and Main Street for maximum visibility and easy access. This property offers multiple income-producing possibilities with four distinct spaces under one roof. The main level features a 6-lane bowling alley spanning nearly 4,500 sq ft, providing a fun and timeless community attraction. Adjacent to it, a 3,500 sq ft bar area includes gaming tables, a stage for live entertainment, and plenty of seating, making it ideal for hosting events and gatherings. A separate 1,500+ sq ft restaurant area with a fully equipped commercial kitchen provides opportunities for food service expansion or a standalone dining concept. Upstairs, a spacious 1,500+ sq ft apartment offers 2 bedrooms, 1.5 baths, and an open living area, perfect for owner occupancy or rental income. Additional features include a 32x56 attached garage with three overhead doors, providing excellent storage, parking, or workspace options. All this sits on a 0.374-acre corner lot with city water and sewer, and natural gas service. Whether you?re seeking an investment, an owner-operator opportunity, or a redevelopment site in a high-traffic corridor, this property delivers versatility, visibility, and value in a thriving Northwoods community.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
WIREX_SAAR6122522
Type:
General Commercial
Lot size:
4.9 Acres
Year built:
1940
A broker reciprocity listing Courtesy: Edina Realty, Inc. - Duluth 218-728-7700
View additional info

ADDITIONAL INFORMATION

Now is you time to own this unique opportunity on almost 5 commercial acres on US 2! A combination of a restaurant/bar with 9 cabins, plus 6 campsites. All with city utilities. Plus a 2 car garage. So many options! The restaurant features a neat and clean updated kitchen currently ran as farm to table food with locally grown meals. There is ample seating on the main level plus a lower level with a separate bar, bathroom and table seating which has be great for events and private parties. The restaurant also has a gift shop to enjoy shopping while you dine. Conveniently on the tri-state corridor for ample atv and snowmobile traffic. Also, located on the way to Ashland and Bayfield to catch the Lake Superior visitors. Addition to the building was put on in the 90s.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
WIREX_SAAR6122518
Type:
General Commercial
Lot size:
0.37 Acres
Year built:
1946
A broker reciprocity listing Courtesy: Woodland Developments & Realty 715-634-2110
View additional info

ADDITIONAL INFORMATION

A rare opportunity to own a versatile 11,040 sq ft commercial building in the heart of downtown Iron River, WI, ideally situated on the corner of US Hwy 2 and Main Street for maximum visibility and easy access. This property offers multiple income-producing possibilities with four distinct spaces under one roof. The main level features a 6-lane bowling alley spanning nearly 4,500 sq ft, providing a fun and timeless community attraction. Adjacent to it, a 3,480 sq ft bar area includes gaming tables, a stage for live entertainment, and plenty of seating, making it ideal for hosting events and gatherings. A separate 1,500+ sq ft restaurant area with a fully equipped commercial kitchen provides opportunities for food service expansion or a standalone dining concept. Upstairs, a spacious 1,500+ sq ft apartment offers 2 bedrooms, 1.5 baths, and an open living area, perfect for owner occupancy or rental income. Additional features include a 32x56 attached garage with three overhead doors, providing excellent storage, parking, or workspace options. All this sits on a 0.374-acre corner lot with city water and sewer, and natural gas service. Whether you?re seeking an investment, an owner-operator opportunity, or a redevelopment site in a high-traffic corridor, this property delivers versatility, visibility, and value in a thriving Northwoods community.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
6122522
Type:
Other
Lot size:
4.9 Acres
Year built:
1940
A broker reciprocity listing Courtesy: Edina Realty, Inc. - Duluth 218-728-7700
View additional info

ADDITIONAL INFORMATION

Now is you time to own this unique opportunity on almost 5 commercial acres on US 2! A combination of a restaurant/bar with 9 cabins, plus 6 campsites. All with city utilities. Plus a 2 car garage. So many options! The restaurant features a neat and clean updated kitchen currently ran as farm to table food with locally grown meals. There is ample seating on the main level plus a lower level with a separate bar, bathroom and table seating which has be great for events and private parties. The restaurant also has a gift shop to enjoy shopping while you dine. Conveniently on the tri-state corridor for ample atv and snowmobile traffic. Also, located on the way to Ashland and Bayfield to catch the Lake Superior visitors. Addition to the building was put on in the 90s.

Beds:
n/a
Baths:
Sq.Ft.:
1
Status:
Active
MLS#:
6774502
Type:
Other
Lot size:
4.9 Acres
Year built:
1940
A broker reciprocity listing Courtesy: Edina Realty, Inc. - Duluth 218-728-7700
View additional info

ADDITIONAL INFORMATION

Now is you time to own this unique opportunity on almost 5 commercial acres on US 2! A combination of a restaurant/bar with 8 cabins, plus 6 campsites. All with city utilities. Plus a 2 car garage. So many options! The restaurant features a neat and clean updated kitchen currently ran as farm to table food with locally grown meals. There is ample seating on the main level plus a lower level with a separate bar, bathroom and table seating which has be great for events and private parties. The restaurant also has a gift shop to enjoy shopping while you dine. Conveniently on the tri-state corridor for ample atv and snowmobile traffic. Also, located on the way to Ashland and Bayfield to catch the Lake Superior visitors. Addition to the building was put on in the 90s.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
WIREX_WWRA6701612
Type:
General Commercial
Lot size:
5.02 Acres
Year built:
1900
A broker reciprocity listing Courtesy: Coldwell Banker Realty 715-372-4090
View additional info

ADDITIONAL INFORMATION

Iconic Wisconsin Supper Club & Lakeside Resort on Buskey Bay, part of the renowned Pike Chain of Lakes. this well-established and popular Wisconsin Supper Club offers a rare and exciting opportunity. Accessible by car, boat, ATV, or snowmobile, this year-round destination draws loyal patrons from all over for its welcoming atmosphere, full bar, and classic supper club fare. The property features: A spacious restaurant and bar with stunning lake views A 4-bedroom residence on the second level?perfect for an owner/operator or staff housing Three charming rental cabins offering guests a cozy retreat A lively Tiki bar, outdoor decks, and generous dock space on the water A boat launch and seasonal slip rentals, adding both convenience and additional revenue. Whether you're looking to invest in a turn-key hospitality business or create your own Northwoods retreat with income potential, this property blends classic charm with modern amenities in a picture-perfect setting.

Beds:
n/a
Baths:
Sq.Ft.:
4,600
Status:
Active
MLS#:
WIREX_NWW1590422
Type:
General Commercial
Lot size:
5.11 Acres
A broker reciprocity listing Courtesy: Coldwell Banker Realty Iron River 715-372-4090
View additional info

ADDITIONAL INFORMATION

Iconic Wisconsin Supper Club & Lakeside Resort on Buskey Bay, part of the renowned Pike Chain of Lakes. this well-established and popular Wisconsin Supper Club offers a rare and exciting opportunity. Accessible by car, boat, ATV, or snowmobile, this year-round destination draws loyal patrons from all over for its welcoming atmosphere, full bar, and classic supper club fare. The property features: A spacious restaurant and bar with stunning lake views A 4-bedroom residence on the second level?perfect for an owner/operator or staff housing. Three charming rental cabins offering guests a cozy retreat A lively Tiki bar, outdoor decks, and generous dock space on the water A boat launch and seasonal slip rentals, adding both convenience and additional revenue. Whether you're looking to invest in a turn-key hospitality business or create your own Northwoods retreat with income potential, this property blends classic charm with modern amenities in a picture-perfect setting.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
WIREX_SAAR6118615
Type:
General Commercial
Lot size:
5.11 Acres
A broker reciprocity listing Courtesy: Coldwell Banker Realty - Iron River 715-372-4090
View additional info

ADDITIONAL INFORMATION

Iconic Wisconsin Supper Club & Lakeside Resort on Buskey Bay, part of the renowned Pike Chain of Lakes. this well-established and popular Wisconsin Supper Club offers a rare and exciting opportunity. Accessible by car, boat, ATV, or snowmobile, this year-round destination draws loyal patrons from all over for its welcoming atmosphere, full bar, and classic supper club fare. The property features: A spacious restaurant and bar with stunning lake views A 4-bedroom residence on the second level?perfect for an owner/operator or staff housing Three charming rental cabins offering guests a cozy retreat A lively Tiki bar, outdoor decks, and generous dock space on the water A boat launch and seasonal slip rentals, adding both convenience and additional revenue. Whether you're looking to invest in a turn-key hospitality business or create your own Northwoods retreat with income potential, this property blends classic charm with modern amenities in a picture-perfect setting.

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Andrea D. Conner, License 58662-90, Xome Inc., License 937286-91, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Information is supplied by seller and other third parties and has not been verified. This IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify perspective properties consumers may be interested in purchasing. Copyright 2026 - Wisconsin Real Estate Exchange. All Rights Reserved Information is deemed reliable but is not guaranteed

Andrea D. Conner, License # 40471694, Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

2026 Copyright 2026 Lake Superior Area REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Lake Superior Area REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision.


Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2026, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved




Iron River Real Estate

Iron River is located in Wisconsin. Iron River, Wisconsin has a population of 2,332. Iron River is less family-centric than the surrounding county with 15.93% of the households containing married families with children. The county average for households married with children is 20.4%.

The median household income in Iron River, Wisconsin is $64,333. The median household income for the surrounding county is $62,859 compared to the national median of $69,021. The median age of people living in Iron River is 54.6 years.

Iron River Weather

The average high temperature in July is 79 degrees, with an average low temperature in January of -0.2 degrees. The average rainfall is approximately 33.5 inches per year, with 74.9 inches of snow per year.

Iron River Map

Iron River Real Estate Market Conditions

  • Median sales price

    $266,250
    14.4%
    change since last quarter
  • # Active listings

    94
    30-day change

Iron River Schools and Demographics

Education near Iron River, WI

City County
High School Graduates 93.75 95.43
College Degree - 2 year 14.2 12.95
College Degree - 4 year 27.28 33.52
Graduate Degree 7.69 9
Expenditures per Student 19,406 19,406
Students per Teacher 10.6 10.6

Elementary Schools near Iron River, WI

Grades Students P/T Ratio ZIP
Drummond Elementary School PK - 06 199 11.3 54832
Iron River Elementary School KG - 05 95 11.2 54847
Northwestern Elementary School PK - 05 536 14.8 54864
South Shore Elementary School PK - 06 67 9.5 54865

Middle Schools near Iron River, WI

Grades Students P/T Ratio ZIP
Drummond Junior High School 07 - 08 66 12.4 54832
Northwestern Middle School 06 - 08 304 16.6 54864

High Schools near Iron River, WI

Grades Students P/T Ratio ZIP
Drummond High School 09 - 12 128 12.2 54832
Northwestern High School 09 - 12 454 16.4 54854
South Shore Junior/Senior High School 07 - 12 86 8.8 54865

Demographics near Iron River, WI

City County
Neighborhood Type Small Town
Population 2,332 16,031
Population Density 14 11
Median Age 54.6 52.8
People per Household 2 2.2
Median Household Income 64,333 62,859
Average Income per Capita 38,691 35,974

Real estate near Iron River