During the past several years, numerous efforts have been accomplished on designing efficient surface‐enhanced Raman scattering (SERS) substrates with high sensitivity, good reproducibility, and recyclable nature. However, it still remains a significant challenge to realize all these qualities in a single substrate. We have fabricated ripple‐like nanostructures (NSs) on Iron (Fe) substrate using femtosecond (fs) laser irradiation of Fe target in distilled water. These ripple‐like structures had periodicities in the range of ~90–190 nm, which was confirmed from the analysis of field emission scanning electron microscope (FESEM) data. We subsequently deposited a thin layer of gold on these ripple‐like Fe NSs using thermal evaporation. Later, these coated NSs were effectively utilized as SERS substrates for methylene blue (MB) detection and were found to be sensitive evident from the data obtained at a very low concentration of 500pM. Furthermore, we observed that the SERS signal variations on the substrate were <11.2% indicating the reproducible nature of these substrates. Additionally, we demonstrate that these substrates can be reused (we establish this for three times consecutively) by detecting malachite green (MG) and an explosive molecule (picric acid, PA) followed by the mixture compound (Rhodamine 6G+MB) through employment of simple cleaning procedures. The detected molecular concentrations in terms of masses were found to be 3.2 pg, 36.5 pg, and 23 ng for MB (for a concentration of 500pM), MG (for a concentration of 5nM), and PA (for a concentration of 5μM), respectively. Furthermore, these Fe NSs exhibited superior batch‐to‐batch reproducibility with a relative standard deviation (RSD) value of ~l4%. The proposed method of fabricating ripple structures as SERS platforms are highly feasible, reliable, and have great potential for on‐site detection of several analyte molecules with an easily transportable Raman spectrometer.