Directions
In Iron River, the property is located on the corner of US Hwy 2 and Main St.
Listing Agency
Woodland Developments & Realty
68290 S Main Street, Iron River, WI 54847
$350,000.00
MLS# 1596501
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.
| Style | Commercial |
|---|---|
| Type | CommercialSale |
| Zoning | Commercial |
| School Dist | Maple |
| County | Bayfield |
| Lot Size | 125 x 130 x |
| Acreage | 0.37 acres |
| Above Grd | 11,040 sq ft |
|---|---|
| Below Grd | — |
| Tax $ / Year | $6,076 / 2024 |
Includes
N/A
Excludes
N/A
| Roads | CityStreet,Highway |
|---|
| Basement | Full |
|---|---|
| Cooling | CentralAir,WallUnits |
| Exterior Features | MetalSiding,Stone,VinylSiding |
| Heating | Baseboard,ForcedAir,Radiant |
| Sewer Service | PublicSewer |
| Water Service | Public |
| Interior Features | Furnished,Storage |
| Laundry | N |
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the NW WI MLS. Real estate listings held by brokerage firms other than Kaiser Realty are marked with the NW WI MLS icon. The information provided by the seller, listing broker, and other parties may not have been verified.
DISCLAIMER: This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is updated every business day. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. Information last updated 11/14/2025.
