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8355 Us Highway 2, Iron River, WI 54847

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Listed By

Agency Name: Edina Realty, Inc. - Duluth
Agency Phone: 218-728-7700

Shown By

Agency Title: Counselor Realty
Agency Phone:

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Property Description

Exceptional commercial opportunity on 6.28 acres along US Hwy 2. This unique multi-income property includes a fully equipped restaurant/bar, nine rental cabins, six city-serviced campsites, an 18-hole mini-golf course, and a two-car garage, all in a high-traffic corridor ideal for year-round business.The well-maintained restaurant features a welcoming bar area, separate dining room, gift shop, two restrooms, and a clean, updated kitchen currently supporting farm-to-table service. The lower level offers an additional entertainment space with its own bar, bathroom, seating area, and storage?perfect for private events or expanded revenue. A 1990s addition enhances functionality and flow. Outdoor amenities include nine studio cabins, six campsites with city water and sewer hookups, and a mini-golf course. The property sits on a busy tri-state route with strong ATV, snowmobile, and tourist traffic, and benefits from steady vehicle flow to Ashland, Bayfield, and Lake Superior. With over six acres of commercially zoned land, the site offers excellent expansion potential for additional campsites, lodging units, storage buildings, a farmer's market, or other commercial uses. Two additional 1.26-acre residential lots are also available.

8355 Us Highway 2 | MLS# 6774502

This commercial property located at 8355 Us Highway 2, Iron River, WI 54847 is currently listed for sale with an asking price of $595,000. Us Highway 2 is located within the Bayfield school district. Search Iron River real estate on www.counselorrealty.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Cooling: None
Fuel Type: Natural Gas
Garage: 2
Heating: Forced Air
Lot Size: 6.28 Acres
Roof Type: Asphalt
Stories: 1.0
Taxes: $8,129
Year Built: 1940

Feature Descriptions

Basement: Block, Full
Current Use: Hotel/Motel, Restaurant, Resort, Bar/Tavern
Days on Site: 184
Exterior: Frame
Foundation Size: 4740
Handicap Accessible: Doors 36+
Lot: Irregular Lot
Lot Dimensions: irreg
Parcel#: 39469
Parking: Detached Garage, Asphalt
Road Frontage: Paved Streets, Highway
Sale Includes: Building, Fixture/Equipment, Land, Liquor License
Sewer: City Sewer/Connected
Units: 1
Utilities: Electric Common
Water: City Water/Connected

Local Schools

School District: Bayfield

Near By

Demographics

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