Bar & Pub

Herbster, WI Bars & Pubs for Sale

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Lakeview Restaurant with Living Quarters
Updated: Jul 20
Lakeview Restaurant with Living Quarters

86985 Lenawee Rd, Herbster, WI 54844

$699,900
Restaurant property on a corner lot with wrap‑around deck
Attached living quarters plus a 3‑car garage and shed
Newly renovated bar/dining area with separate dining room, kitchen, and spacious prep area
Full basement with walk‑out finished room and patio
2024 addition with new gutters, mini‑splits, refrigeration, furnace, electrical wiring, and flooring
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Herbster, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Use Entertainment and Dining Building
Multi-Use Entertainment and Dining Building

68290 S Main Street, Iron River, WI 54847

$225,000
11,040 sqft

Four income-producing spaces under one roof, including a 6-lane bowling alley, bar area, restaurant, and 2-bedroom apartment.

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Two-Story Bar with Apartment
Two-Story Bar with Apartment

7610 US-2, Iron River, WI 54847

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2,200 sqft

A remodeled two-bedroom apartment adds residential flexibility above an operating tavern with on-site parking.

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Log Cabin Restaurant Building
Log Cabin Restaurant Building

905 W Bayfield St, Washburn, WI 54891

$199,000

Commercially zoned, single-level restaurant property with dedicated kitchen, bar, dining, storage, and parking areas.

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Updated Tavern with Outdoor Deck
Updated Tavern with Outdoor Deck

308 W Bayfield St, Washburn, WI 54891

$229,900

Well-established tavern/pup building includes an open commercial-grade kitchen and a covered back deck for outdoor service.

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Herbster, WI Bars & Pubs Market Trends and Statistics

Explore 1 bars & pubs for sale in Herbster, WI on our real estate platform.

Sale prices for pubs in Herbster, WI average $699,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1
Conventional restaurants 1

Demographics Overview

Population 285
Population Growth (5Y) +31.9%
Median Household Income $65,625
College Educated 54.4%

High-Yield Neighborhoods for Investment

Identify Herbster submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
54844 $699.9K

Taxes & Financing

Tax Rate (average for all types) 1.58%
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bayfield County

New Delisted

Total CRE Inventory on Market (SF)

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