68290 S Main Street Iron River, WI 54847
11,040 Sq. Ft. / 16,117 Sq. Ft., 0.37 acres lot size / Other
Listing Courtesy of: Jeremy Mavis - Woodland Developments & Realty 715-634-2110
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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.
property details
Type
Other
Status
Active
County
Bayfield
Sq. Ft.
11,040
Lot Size
16,117 Sq. Ft., 0.4 acres
Listing Id
1596501
Courtesy Of
Jeremy Mavis - Woodland Developments & Realty 715-634-2110
List Office Phone
+1 715 634 2110
Interior Features
Interior Amenities
Storage
Furnished
Furnished
Flooring
Carpet
Living Area Units
Sq. Ft.
Exterior Features
Foundation
Block
Utility & Building Info
Sewer
Public Sewer
Parcel Number
20442
Cooling
Central Air
Wall Unit(s)
Wall Unit(s)
Water Source
Public Water
Heating
Radiant
Forced Air
Baseboard
Forced Air
Baseboard
Tax Amount
5831
Building Area Total
11,040 Sq. Ft.
Above Grade Finished Area
11040 Sq. Ft.
Price Per Sq Ft
$29
Architectural Style
Other
Price History
| date | event | price | source |
|---|---|---|---|
|
03/27/2026
03/27/2026
|
Active |
$325,000
|
Northwest Wisconsin Realtors Assn (RANWW) |
|
10/18/2025
10/18/2025
|
Active |
$350,000
|
Northwest Wisconsin Realtors Assn (RANWW) |
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Market Trends
Source: Constellation1
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