12770 Scenic Drive Iron River, WI $ 1,295,000
12770 Scenic Drive
$ 1,295,000
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12770 Scenic Drive

Iron River, WI, 54847
$ 1,295,000
Bedrooms-- Baths6.0

Monthly Estimate*

$ 8,944

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Commercial Property for sale in Iron River, WI

for $1,295,000 with 6 full baths. This building was built in 1900 on a lot size of 14.

Welcome to Scenic Drive Resort, a rare opportunity on the shores of beautiful Lake Delta in the heart of Bayfield County—one of Wisconsin’s premier recreational destinations. Built in 2000, the main lodge features a fully operational bar and restaurant along with an attached 3-bedroom home. The upper level of the home offers an inviting open-concept kitchen and great room, highlighted by a cozy wood stove and spacious pantry. The walkout lower level includes three bedrooms, a full bath, family room, and generous storage space. The primary suite provides a private retreat with a large ensuite bath featuring a garden jetted tub and walk-in shower. Guests and owners alike will appreciate the expansive wraparound deck, offering stunning lake views and ample seating—perfect for dining, relaxing, and enjoying the peaceful Northwoods setting. The property also includes three charming rental cabins, providing excellent income potential, with one cabin offering additional lower-level storage. Behind the lodge, a large open area presents outstanding opportunities for future expansion or development. With beautiful, easily accessible frontage on this crystal-clear lake known for exceptional fishing and boating, this property offers unlimited potential—continue operating as a successful resort, expand the business, or transform it into your own private lakefront retreat.

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Commercial Active

Price

$ 1,295,000

Full Bath

6

Property Type

Commercial

Taxes

$ 7,160

Style

Lot Size

14

Year Built

1900

Town/City

Iron River

County/Region

Bayfield

MLS | Web ID

7028755

Features
General
Sewer Private Sewer
Heating Boiler
Cooling Central Air
Utilities Electric Common
Garage Spaces 0
Year Built 1900
Tax Year 2025
Current Use Commercial Food Service Recreational Restaurant Resort Bar/Tavern
Waterfront Features Lake Front
Accessibility Partially Wheelchair Wheelchair Ramp(s)
Additional Parcels Description 37345 37346 37347 37348 37350 37206
County Bayfield
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Town/Delta
Directions From Iron River take Scenic Drive (right after the bridge) to the resort. You can also take Scenic Drive from the Delta end.
City Iron River
High School District Drummond Area
Zoning Description Business/Commercial
Number Of Units Total 4
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 7160.03
Additional Parcels Y/N Y
Standard Status Active
Lender Owned No
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Exterior
Parking Features Gravel
Water Source Private
Inclusions Building Business
Lot Size Area 14
Lot Dimensions 904x440
Waterfront Y/N Y
Foundation Area 2500
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Interior
Basement (Y/N) N
Total Bedrooms 0
Total Baths 6
Fuel Propane Wood
Waterfront Feet 786
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Internal Only
Street Number 1 12770
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* Excluded Features
List By
Coldwell Banker Realty

Broker

peggy.kman@cbrealty.com

Email

Affordability Calculator

$9,541
Per Month
94%
6%
0%
Monthly Principal & Interest
$8,944
Monthly Property Taxes
$597
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
3048668 Elementary School
3048513 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2026$1,295,000 Listed Price

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12770 Scenic Drive, Iron River, WI, 54847 is a Commercial Property for sale at $1,295,000 with a lot size of 14. 12770 Scenic Drive has 6.0 baths and was built in 1900. The property's zip code is 54847 which is in Iron River, WI