For Sale
$349,900

8525 Us-2 Iron River, WI 54847

Highway-front retail & large garage

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional mixed-use property in Iron River, WI, presents a unique investment opportunity. Located at 8525 US-2, this 0.87-acre lot features a single-story, 3,900 square foot building constructed in 2000. The building boasts a prime retail space at the front, ideal for showcasing products and services, complete with a large showroom, office, bathroom, storage room, and ample signage space under a full overhang roof. The rear of the property includes a substantial attached garage (approximately 46x48 feet), featuring 12-foot ceilings, three overhead doors (two 8-foot and one 10-foot), 220-volt electric service, a new boiler with in-floor heating, a new water heater, workbenches, and additional storage. Utilities include city water, a drain field septic system, and natural gas service. The property is zoned C2, but the City of Iron River has indicated potential for residential rezoning. Ample parking is available on the gravel driveway. The property has been surveyed and is offered at $349,900. This versatile space is perfect for a variety of uses, from retail to a combination of residential and commercial ventures. Don't miss this chance to own a well-maintained property with significant potential in a desirable location.

Highlights

  • Property has been professionally surveyed.
  • Natural gas service is connected to the building.
  • Previously used as retail space, currently configured as a storage facility.
  • City of Iron River permits rezoning to residential use, allowing for residential occupancy with potential for home-based business use of the attached garage.

Property Details for 8525 Us-2

Property type
Retail properties, Mixed-use properties
Square Feet
2,800 SF
Class
C
Year Built
2000
Buildings
1
Stories
1
Lot Size (sq. ft)
37,897 SF

Location Insight

City
Iron River
County
Bayfield
State
Wisconsin
Latitude
46.5640109
Longitude
-91.3972447

FAQs

What type of property is this?
Retail property - Highway-front retail & large garage
Where is the retail property located?
The property is located at 8525 Us-2 Iron River, WI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Property has been professionally surveyed.; Natural gas service is connected to the building.; Previously used as retail space, currently configured as a storage facility.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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8525 Us-2
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