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    Herbster, WI
    Conventional Restaurant

    Herbster, WI Conventional Restaurants for Sale

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    Port Wing, WI Cornucopia, WI Bayfield, WI Iron River, WI Washburn, WI Brule, WI Mason, WI Ashland, MN
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Historic Brownstone Restaurant Building
    Historic Brownstone Restaurant Building

    315 Turner Rd, Ashland, WI 54806

    $549,900
    3.50 AC lot

    Brownstone restaurant building with bar/lounge, multiple dining areas, commercial kitchen, and wrap-around porch with Lake Superior views.

    View details
    Restaurant with Commercial Kitchen
    Restaurant with Commercial Kitchen

    201 Main St E, Ashland, WI 54806

    $249,900

    Corner restaurant includes booths, bar, a commercial kitchen, and dedicated upper-level office plus basement storage.

    View details
    Two Harbors Turn-Key Restaurant Opportunity
    Two Harbors Turn-Key Restaurant Opportunity

    812 7th Ave, Two Harbors, MN 55616

    Contact for pricing
    3,718 sqft

    Turn-key restaurant with retail building and outdoor seating available forpurchase.

    View details
    Turn-Key Restaurant with Patio
    Turn-Key Restaurant with Patio

    812 7th Ave, Two Harbors, MN 55616

    Contact for pricing
    3,475 sqft

    Turn-key restaurant includes indoor dining and an outdoor seating patio, with an adjacent leased retail building.

    View details

    Herbster, WI Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Herbster, WI on our real estate platform.

    Sale prices for conventional restaurants 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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