Ready-to-Operate Bar + Remodeled Apartment
$229,000
Furniture, Fixtures & Equipment: $15,000, included in asking price
Inventory: $10,000, not included in asking price
Real Estate: .10 acres, included in asking price
Liquor in the Woods is an established neighborhood bar in Iron River, Wisconsin, offering a manageable owner-operator opportunity that includes the business, real estate, and a remodeled two-bedroom apartmenLiquor in the Woods is an established neighborhood bar with consistent, year-round traffic from a dependable mix of locals and seasonal visitors
The bar features a long full-service bar, ample seating, a pool table, gaming, and an outdoor beer garden that provides additional space for customers, live music, trivia nights, and other events
The mixed-use property includes a remodeled two-bedroom apartment above the bar for a convenient owner residence or rental income, and a full basement for valuable storage and utility space
With an established operating history and an efficient footprint, the property offers a new owner opportunities to build upon the existing business through expanded hours, events, entertainment, food offerings, or a refreshed concept
The business benefits from its location along US Highway 2 and proximity to the area’s lakes, trails, campgrounds, and year-round outdoor recreation
An accessible investment ideal for an owner-operator looking to own and operate a neighborhood bar while benefiting from the flexibility of a mixed-use property and the added value of an on-site residential component
Year Built: Bar – 1,288; Apartment – 767
Real Estate: .10 acres, included in asking price
Capacity: Approximately 75
Parking: 6 spaces on-site, plus nearby public lot and street parking
The remodeled two-bedroom apartment offers flexibility as either an income-generating rental or an owner residence, providing an opportunity to offset operating costs
Positioned along US Highway 2, the property benefits from excellent visibility, convenient access, and steady traffic connecting northern Wisconsin and the Lake Superior region