7400 Iron River Dam RdIron River, WI 54847

  • Other commercial real estate
  • 1.58 AC
For Sale
$465,000 View listing

Property Details for 7400 Iron River Dam Rd

Lot size
1.58 AC
Property type
Other commercial real estate
APN
04-024-2-47-08-07-3 00-330-02000
APU
9223372036854775807

Description

This exceptional 8,905-square-foot manufacturing facility in Iron River, Wisconsin, presents a compelling investment opportunity. Situated on a 1.58-acre lot, this single-story, 1957-built building boasts 14-foot ceilings and is zoned for commercial use. The property features a versatile layout, including approximately 6,760 square feet of production space and 2,840 square feet of office space. Office amenities are extensive and include multiple configurations, a reception area, conference room, break room, vault, server/office/file room, and multiple bathrooms (one with a shower). The manufacturing area is equipped with 3-phase power, four new gas forced-air furnaces, a natural gas marine-grade floor coating, and freshly painted interiors with new LED lighting. Eight large overhead doors, air compressor lines, and a natural gas forced-air recovery heat system enhance functionality. High-speed internet access is available. The property also includes a 30-space asphalt parking lot, ample for semi-truck loading and maneuvering. The property is currently vacant and ready for immediate occupancy, making it ideal for a business seeking to establish or relocate its operations. The APN is 20750, and corporate ownership is in place. This property offers a unique blend of modern upgrades and functional space, making it a highly attractive investment in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,502,080
    Hospitality
    $13,283,828
    Educational
    $11,051,989
    Medical
    $11,432,083
    Retail
    $17,191,982
7400 Iron River Dam Rd, Iron River, Wisconsin

Location Insight

City
Iron River
County
Bayfield
State
Wisconsin
Latitude
46.566
Longitude
-91.4199

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,030
$18,100
$142,000
$160,100
-
-
-
$237,000

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