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Rustic Roost 8355 Highway 2 4,740 SF Retail Building Iron River, WI 54847 $595,000 ($125.53/SF)

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Investment Highlights

Expansive 6.28-acre property featuring cabins, campsites, and recreational amenities.
Farm-to-table restaurant and bar with an event room for group and community gatherings.
Accessible location along Highway 2 near numerous lakes and public lands, just minutes from Duluth and Superior.

Nine studio cabins and six campsites with electrical and sewer connections.
18-hole mini golf course to attract guests and enhance onsite experience.

Executive Summary

This unique hospitality and recreational property offers a compelling opportunity along Highway 2 in Iron River, WI. Positioned on 6.28 acres, this asset combines lodging, dining, and entertainment in a single destination, creating diverse income streams. The property features nine fully equipped studio cabins and six campsites, each supported by city sewer and electric hookups, ideal for accommodating seasonal and year-round visitors. Onsite amenities enhance its appeal from a guest perspective, with a farm-to-table restaurant and bar with an event room designed for group gatherings, private events, and community dining. Additional onsite attractions include an 18-hole mini golf course that provides an added recreation option for guests. For operations and storage, the property includes a functional two-car garage.

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