68290 S Main Street, Iron River, WI 54847
11,040 sqft · $27/sqft · 0.37 acres
MLS# 1596501
About 68290 S Main Street, Iron River, WI 54847
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 32×56 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
- Lot Dimensions
- 125 x 130 x
- Possession
- Close Of Escrow, Subject To Tenant Rights
- Zoning
- Commercial
- Heating
- Baseboard, Forced Air, Radiant
- Cooling
- Central Air, Wall Units
- Water
- Public
- Sewer
- Public Sewer
- Foundation
- Block, Poured
- Construction
- Metal Siding, Stone, Vinyl Siding
- Interior Features
- Furnished, Storage
- Flooring
- Carpet
- School District
- Maple
- County
- Bayfield
- Township
- Town of Iron River
- Directions
- In Iron River, the property is located on the corner of US Hwy 2 and Main St.
- Parcel Number
- 20442
- Original List Price
- $350,000
- Previous Price
- $325,000
- Legal Description
- ORIGINAL PLAT OF IRON RIVER LOTS 13-17 BLOCK 4 IN DOC 2021R-590003 908, 909, 910
- Listing Brokerage
- Woodland Developments & Realty
Location
- Hospital
- Schools
- Restaurants
What's Near 68290 S Main St, Iron River, WI 54847
Nearby Restaurants
- 0 mi
- 0 mi
- 0.1 mi
Iron River Area Schools
School information is sourced from public NCES data (assigned public schools from attendance-boundary data; nearby private schools and colleges by distance) and may change. Confirm directly with the school or district before relying on it.
Iron River Property Taxes
- Annual tax
- $5,831.00 (2025)
- Parcel #
20442- County
- Bayfield
Legal: ORIGINAL PLAT OF IRON RIVER LOTS 13-17 BLOCK 4 IN DOC 2021R-590003 908, 909, 910
