An opportunity like this doesn't come around often in Iron River — a full-scale commercial building with serious potential, available for lease at just $1,500/month. Formerly operating as a restaurant, this property retains its food service layout and infrastructure, making it a strong starting point for the right operator ready to put in the work and make it their own. The building's layout is a genuine standout. A spacious main dining room with wainscoting and natural light offers room for a full-service operation, while a separate bar and lounge section — complete with booth seating, track lighting, and its own distinct atmosphere — creates a natural second zone. That built-in separation makes this an ideal candidate for a split-tenant arrangement, giving two operators the chance to share the building, or giving a single operator the flexibility to activate the space in phases. The brick exterior commands attention on the street with a footprint large enough to make a statement in downtown Iron River. Street parking is available out front, with additional parking in the surrounding area. A full large basement rounds out the package with serious storage and operational potential. This is a working space in a real town — bring your vision, your tools, and your crew. Inquire today to schedule a walkthrough and see what's possible. Some photos are virtually staged.