Contact Bunbury at (608) 441-7777 or
[email protected] for more information about this property.

 Property Type Business/Commercial
 Parcel # 20442
 County Bayfield
 Sub Area
 Municipality
 MLS# 1596501
 Listing Date 10/06/2025

MLS Public Remarks  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.
LOCATION  
  • Location  Town
  • Other Marketing Area  
  • Mailing City  Iron River
  • C/T/V  Town
  • Unit #  
  • Directions  In Iron River, The Property Is Located On The Corner Of Us Hwy 2 And Main St.
  • BUILDING DESCRIPTION  
  • Real estate for sale  Y
  • Business for sale  
  • For lease only  
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  0
  • Building Gross SqFt  11,040
  • Net Leasable SqFt  0
  • Year Built  1500
  • Source for Year Built  ACTIVE
  • Approx Bldg Dimen  
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  
  • # of Stories  0
  • Ceiling Height Min  0
  • Ceiling Height Max  0
  • Number of Loading Docks  0

  • Zoning  Commercial
  • Est. Total Acres  0.0
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  
  • ASSESSMENT & TAXES  
  • Land Assessment  $0
  • Assessment Year  0
  • Net Taxes  $5,831
  • Tax Year  2025
  • Improvements  $0
  • Total Assessment  $0
  • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
  • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 - 0 0 $0 $0 $0 0
    2 - Iron River 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Baseboard, Central Air, Forced Air, Radiant, Wall/Sleeve Air
  • Water/Waste  Municipal Sewer, Municipal Water
  • Basement  Block, Full, Poured Concrete
  • Fuel  
  • Seating Capacity  
  • EXTERIOR FEATURES  
  • Type  
  • Exterior Treatment  Aluminum/Steel, Stone, Vinyl
  • Building Parking  
  • Roofing  
  • Terms/Option  
  • Miscellaneous  
  • OTHER FEATURES  
  • Documents on File  
  • Location  
  • Tenant Pays  
  • Present Use  
  • Licenses  
  • Lease Type  
  • Occupied by  At Closing, Tenant Occupied, Tenant w/Lease
  • Sale Includes  Furniture
  • Features  



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Woodland Developments & Realty