7755 US Highway 2, Iron River, WI 54847

$1,800,000
Property Type: Commercial Lot Size (sq. ft.): 43,560 Status: Closed
Current Price: $1,800,000 List Date: 4/14/2022 Last Modified: 8/07/2025

Overview

Description

Very busy, long Standing family owned Convenience Store and Car Wash located on heavily traveled Hwy 2 in the Town of Iron River with over 260 ft. of Hwy frontage. Full convenience store with small kitchen facility, bait and tackle area, liquor sales and beer cave. 14 pumps under canopies and 1 standalone pump offering fuel sales to all vehicles including heavy trucks. The second building houses a full service car wash, Self wash bay for large vehicles and heavy trucks an office suite with storage area on the main level and a large upper level that could be used for expansion, or to move the office up and use the main level for another purpose. This is an incredible business opportunity.

Listing Details MLS# 6179308

General Property Information

Lot Measurement
Acres
Multiple PIDs?
Yes
Other Parking Spaces
20
Owner Occupied
Yes
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
6278
For Sale or Lease
For Sale
Acres
Yes
Lot Dimensions
130x300+130x80
Assessment Pending
Unknown
Garage Stalls
0

Property Features

Accessible: No Stairs External Air Conditioning: Central Air Basement: Slab CMU Style: Other Construction Status: Previously Owned Current Use: Commercial Exterior: Brick/Stone; Wood Financing Terms: Conventional Fuel: Natural Gas Heating: Forced Air On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Paved Lot Road Frontage: Highway Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Off Market Date
2022-12-08
Closed Date
2023-01-30
Sales Close Price
1800000
Contingency
None
ListPrice
2499000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
7755
Street Name
US Highway 2
Postal City
Iron River
County
Bayfield
State
WI
Zip Code
54847

Additional Parcels Information

Property ID #2
04024247080740019811900
Property ID #3
04024247080740019812100

Assessments

Tax With Assessments
9445
Assessment Balance
0

More Information

Basement

Foundation Dimensions
64x42+60x60
Slab
Yes

Building Information

Building Finished SqFt
7354
Building SqFt
8354

Lease Details

Land Leased
Not Applicable
Monthly Land Lease Amt
0

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
08W
Section#
07
Township#
47

Sale Options

Sale Includes
Building, Business Assets, Fixture/Equipment, Land

Unit 1

Unit Number
Yes

Unit Details

Total Units
2

Office/Member Info

Association
WWRA
MLSID
RMLS

Location, Tax and Other Information

Legal Description
Original Plat of Iron River, Lots Lots 1-6 of Block 14 and Lots 7 and 8(less the S 20 Ft.) Block 14
Listing City
Iron River
Map Page
999
Municipality
Iron River
Rental License?
No
School District
Maple
School District Phone
715-363-2431
Map Coordinate Source
RETS
Zip Plus 4
840
Property ID Number
04024247080740019812000
Tax Year
2021
Tax Amount
9445
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Very busy, long Standing family owned Convenience Store and Car Wash located on heavily traveled Hwy 2 in the Town of Iron River with over 260 ft. of Hwy frontage. Full convenience store with small kitchen facility, bait and tackle area, liquor sales and beer cave. 14 pumps under canopies and 1 standalone pump offering fuel sales to all vehicles including heavy trucks. The second building houses a full service car wash, Self wash bay for large vehicles and heavy trucks an office suite with storage area on the main level and a large upper level that could be used for expansion, or to move the office up and use the main level for another purpose. This is an incredible business opportunity.
Directions
On the South Side of Hwy 2 in Downtown Iron River.

Accessible

No Stairs External
Yes

Air Conditioning

Central Air
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes
Wood
Yes

Financing Terms

Conventional
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Parking Characteristics

Paved Lot
Yes

Road Frontage

Highway
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Other
Yes

Current Use

Commercial
Yes
Listing Office: Coldwell Banker Realty
IDX
Last Updated: August - 07 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.