7555 Railroad Street Iron River, WI $ 275,000
7555 Railroad Street
$ 275,000
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7555 Railroad Street

Iron River, WI, 54847
$ 275,000
Baths0.0 Sq 3,000

Monthly Estimate*

$ 1,921

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Studio

Commercial Property for sale in Iron River, WI

for $275,000. This 3,000 square foot building was built in 1950 on a lot size of 0.56.

The Other Place Bar and Grill! Location is everything with this property located on the Tri-County Corridor making it a favorite stop for snowmobiles and ATVs avoiding driving across town and pavement. Also, located next to the Iron River Co-op grocery store in downtown Iron River. Nicely kept and turn-key with a convenient horseshoe, full-liquor bar with grill, fryer and prep area easily accessible, walk-in cooler and plenty of storage area on the main level as well as in the basement. Handicap accessible bathrooms. An abundance of room with a 75 person capacity. Ample parking and a good secondary income on the gambling machines. Imagine hosting painting, crafting events, bands, your favorite specials to entertain guests and customers. Build an outdoor patio and soak up some sun on a nice sunny day. A fun and friendly atmosphere for all ages well known by the community.

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Commercial Pending

Price

$ 275,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,080

Style

Business

Lot Size

0.56

Year Built

1950

Town/City

Iron River

County/Region

Bayfield

MLS | Web ID

6508841

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate
Roof Asphalt
Garage Spaces 0
Construction Materials Brick/Stone Stucco
Year Built 1950
Levels One
Property SubType Business
Tax Year 2023
Current Use Restaurant Bar/Tavern
Accessibility No Stairs Internal Partially Wheelchair
Additional Parcels Description 19112
County Bayfield
Property Type Commercial Sale
Contingency None
Subdivision Name Iron River
Directions W Railroad St and N Main St.
City Iron River
Buyer Agent Compensation 2.40
High School District Maple
Zoning Description Business/Commercial
Total Units 1
Street Name Railroad
Land Lease Y/N N
Tax Annual Amount 2080
Additional Parcels Y/N Y
Days on Market 23
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Block Partial
Basement (Y/N) Y
Street Suffix Street
Ceiling Height 8-10
Foundation Dimensions 30x100
Fuel Natural Gas
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Exterior
Parking Features Parking Lot
Water Source City Water/Connected
Inclusions Building Business Fixture/Equipment Land Liquor License
Lot Size Area 0.56
Building Area Total 3000
Lot Dimensions 100x135+140x50
Lot Size Units Acres
Foundation Area 3000
Road Frontage Type Paved Streets Sidewalks
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Internal Only
Street Number 1 7555
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* Excluded Features
List By
Edina Realty, Inc. - Duluth

Broker

corrinehobbs@edinarealty.com

Email

Affordability Calculator

$2,094
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,921
Monthly Property Taxes
$173
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3048290 Elementary School
3048537 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/25/2024$275,000 Listed Price

Map


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7555 Railroad Street, Iron River, WI, 54847 is a Commercial Property for sale at $275,000 with 3,000 sqft and a lot size of 0.56. 7555 Railroad Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 54847 which is in Iron River, WI