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Hospitality

Turnkey Bar + Remodeled Apartment

Iron River, WI, USA
Updated 1 day ago

Business Overview Facilities Business Overview Turnkey bar with consistent, year-round traffic from a dependable mix of locals and seasonal visitors Features a fully equipped bar, ample seating, and all necessary furniture and equipment to support immediate, seamless operations Known as the go-to place for watching Green Bay Packers games, the bar is a Northwoods destination for outdoor recreation enthusiasts and only steps away from a snowmobile trail Versatile mixed-use property with the bar on the main level, full basement below, and beautifully remodeled two-bedroom apartment above Established operating foundation with opportunities for a new owner to enhance performance through extended hours, refreshed offerings, or a repositioned concept Ideal for an owner-operator seeking a manageable footprint with the flexibility to grow, personalize the concept, and capitalize on the property’s mixed-use configuration Facilities Year Built: Bar – 1,288; Apartment – 767 Real Estate: .1 acres, included in asking price Capacity: 75 Parking: 6 spaces on-site, along with a public lot and street parking The remodeled two-bedroom apartment offers flexibility as either an income-generating rental or an owner-occupant opportunity to offset operating costs Positioned along US Highway 2, the bar benefits from excellent visibility, convenient access, and steady traffic connecting northern Wisconsin and the Lake Superior region

Parking

6 spaces on-site, along with a public lot and street parking

Capacity

75

Inventory

$10,000, not included in asking price

Year Built

Bar – 1,288; Apartment – 767

Real Estate

.1 acres, included in asking price

Financials

Asking Price
$229K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets ValueNot Included in Asking Price
$15K
Seller Financing
Not available

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