68290 S Main ST, Iron River, WI 54847
68290 S Main ST, Iron River, WI 54847
68290 S Main ST, Iron River, WI 54847
68290 S Main ST, Iron River, WI 54847
68290 S Main ST, Iron River, WI 54847
68290 S Main ST, Iron River, WI 54847
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Mark Johnson

Mark Johnson

+1(612) 597-8073
Listed by Jeremy Mavis • Woodland Developments & Realty
$ 199,000
Est. payment | /mo

11,040 SqFt

Save
$ 199,000
Est. payment | /mo
Save

11,040 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 11,040 sqft

Price per Sqft $18

MLS Listing ID 1596501

HOA Y/N No

Abv Grd Liv Area 11,040

Annual Tax Amount $5,831

Tax Year 2025

Lot Size 0.370 Acres

Acres 0.37

Property Sub-Type Commercial

Property Description

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

State WI

County Bayfield

Rooms

Basement Full

Interior

Interior Features Furnished, Storage

Heating Baseboard, Forced Air, Radiant

Cooling Central Air, Wall Unit(s)

Flooring Carpet

Equipment Compressor

Furnishings Furnished

Fireplace No

Exterior

Water Access Desc Public

Building

Foundation Block, Poured

Sewer Public Sewer

Water Public

Schools

School District Maple

Others

Tax ID 20442

Nearby Locations

Mark Johnson

"Thanks for reaching out to The Johnson Group!  We're here to guide you and provide all the real estate info you need along the way.  Your dream home might be just a click away, and we're delighted to be a part of your real estate adventure! "

+1(612) 597-8073

mrjohnson@cbburnet.com

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68290 S Main ST