68290 S Main Street, Iron River, WI 54847
68290 S Main Street, Iron River, WI 54847
68290 S Main Street, Iron River, WI 54847
68290 S Main Street, Iron River, WI 54847
68290 S Main Street, Iron River, WI 54847
68290 S Main Street, Iron River, WI 54847
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Dan Grimm

Dan Grimm

+1(262) 313-7518
Listed by 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

Listing Status Contingent

Purchase Type For Sale

Square Footage 11,040 sqft

Price per Sqft $18

Municipality IRON RIVER

MLS Listing ID 1596501

Annual Tax Amount $5,831

Tax Year 2025

Lot Size 0.370 Acres

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

Zoning Commercial

Rooms

Basement Full, Block, Poured Concrete

Interior

Heating Natural Gas

Cooling Central Air, Wall/Sleeve Air, Baseboard, Forced Air, Radiant

Building

Sewer Municipal Sewer, Municipal Water

Structure Type Aluminum/Steel,Stone,Vinyl

New Construction N

Schools

School District Maple

Others

Acceptable Financing Seller May Assist

Listing Terms Seller May Assist

Copyright 2026 WIREX - All Rights Reserved
Dan Grimm

Residential, Investments, Commercial, Luxury, & Foreclosures! Whatever your need - We got you! 
Licensed Real Estate Broker in Wisconsin & Florida! With Agent Partners in all 50 States!

+1(262) 313-7518

realtor.dangrimm@gmail.com

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68290 S Main Street