$ 199,000
-
$199,000
Price -
11,040
SqFt -
0.37
Acre
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About the Listing 163 - JDMAVIS
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.
Interior Details
- Appliances: Compressor
- Air Cond: Central Air,Wall Unit(s)
- Heating: Baseboard,Forced Air,Radiant
- Fireplaces:
- Floor: Carpet
- Above Ground Sq Ft: 11040
- Basement: Full
- Other: Furnished,Storage
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 125 x 130 x
- Zoning: Commercial
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $5,831
- Taxes w/Assessments: N/A
- Tax/Property ID: 20442
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
68290 S Main St Town of Iron River, Iron River, WI 54847
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