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Restaurant/Bar Property

Contact:
corrinehobbs@edinarealty.com

Restaurant/Bar
MLS# 6122522
For Sale: $595000
Status: ACTIVE

8355 US Highway 2
Iron River, WI 54847
(map)
Waterfront: No
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.
Additional Photos
Features
Map
Cumulative DOM:151
Price Per SQFT:125.53
School District:Bayfield (WI) #315
Year Built:1940
Approx Lot Dimension:irreg
Leased Land:Owned
Parcel Number:39469, 19187 + 04-024-2-47-08-08-3
Tax Year:2025
Assessments:No
Foreclosure:No

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