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    Mercer, WI
    Conventional Restaurant

    Mercer, WI Conventional Restaurants for Sale

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    Manitowish Waters, WI Park Falls, WI Presque Isle, WI Oma, WI Sherman, WI Lac Du Flambeau, WI Butternut, WI Bessemer, MI
    Restaurant with Outdoor Event Venue
    Updated: Jul 7
    Restaurant with Outdoor Event Venue

    5234 HWY 51, Mercer, WI 54547

    $675,000
    0.56 AC lot
    0.5579‑acre restaurant and event property at 5234 HWY 51, Mercer, WI 54547
    Outdoor area includes a Tiki Bar, outdoor kitchen, public restrooms, fire pit seating, bandstand, and dance floor
    Tiki Bar can be enclosed as an Ice Bar for winter operations
    Direct access to snowmobile and ATV trails at the rear of the property
    Includes an on‑site Ice Cream parlor
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    Northwoods Restaurant With Living Quarters
    Updated: Nov 19, 2025
    Northwoods Restaurant With Living Quarters

    1711 HWY 51, Mercer, WI 54547

    $348,500
    0.92 AC lot
    0.92‑acre restaurant property at US Hwy 51 and State Hwy 47
    Two‑bedroom living quarters included with the restaurant
    Tiled bar, salad bar, dining areas, and professional kitchen
    Garage and storage included
    Direct access to the regional snowmobile and ATV trail network
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    Mercer Restaurant and Bar Opportunity
    Mercer Restaurant and Bar Opportunity

    1711 Us Highway 51, Mercer, WI 54547

    $348,500

    Iconic restaurant/bar with high traffic and trail access in Mercer.

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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 7 Potential Opportunities for your consideration. Besides 3 Active listings in Mercer, 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.

    Bar and Pub with Upstairs Apartment
    Bar and Pub with Upstairs Apartment

    204 W Aurora Street, Ironwood, MI 49938

    $269,000
    2,304 sqft

    Two-story commercial property combines bar operations with an upstairs residential unit and event space.

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    Historic Short-Term Rental Property
    Historic Short-Term Rental Property

    400 Silver Street, Ironwood, MI 49938

    $199,000
    2,862 sqft 0.15 AC lot

    Commercially zoned property with multiple bedrooms, kitchens, living areas, and an entertaining bar space.

    View details
    Family Restaurant and Bar with Boat Launch
    Family Restaurant and Bar with Boat Launch

    8-1520 County Road F, Minocqua, WI 54548

    $449,900

    Established restaurant and bar with a dedicated bar area, commercial kitchen, and private boat launch on Twin Placid.

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    Waterfront Conventional Restaurant
    Waterfront Conventional Restaurant

    1520 CTH F, Minocqua, WI 54548

    $449,900
    0.09 AC lot

    Established restaurant with lake frontage, boat launch, and an equipped commercial kitchen.

    View details

    Mercer, WI Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Mercer, WI, showcased through 3 active listings on our real estate platform.

    Sale prices for conventional restaurants in Mercer, WI start at $348,500, averaging $457,333, and reaching up to $675,000 — 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 3
    Conventional restaurants 3

    Demographics Overview

    Population 1,396
    Population Growth (5Y) +0.4%
    Median Household Income $60,795
    College Educated 39.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    54547 $457.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.38%
    Tax Rate vs County Average 0.67 pp below county avg
    Average Loan-to-Value 65.0%

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