8355 US Highway 2, Iron River, Wisconsin, 54847

$595,000 - Iron River

For Sale

6.28

Acres

Overview

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.

Details

  • Price
    $595,000
  • MLS® #
    MLS® # 6774502
  • Year Built
    Year Built 1940
  • Area Size
    Size 0
  • Lot Description
  • Lot Acreage
    6.28
  • City Iron River
  • State Wisconsin
  • Postal code 54847
Listing Courtesy of Edina Realty, Inc. - Duluth