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    Mercer, WI
    Conventional Restaurant

    Mercer, WI Conventional Restaurants for Sale

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    Presque Isle, WI Manitowish Waters, WI Springstead, WI
    Restaurant and Event Center
    Updated: Jul 7
    Restaurant and Event Center

    5234 HWY 51, Mercer, WI 54547

    $675,000
    0.56 AC lot
    The Pines Restaurant and Event Center located in downtown Mercer with an on‑site restaurant and bar.
    Expansive outdoor entertainment area with a dedicated tiki bar, outdoor kitchen, public restrooms, and a large fire pit with seating.
    Bandstand and dance floor; hosts lively musical events every Friday through Sunday.
    On‑site amenities include an ice cream parlor and a weekly farmers market in the garden.
    Winter setup: enclosed tiki bar operates as an ice bar for snowmobile guests.
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    Restaurant with Two-Bedroom Quarters
    Updated: Nov 19, 2025
    Restaurant with Two-Bedroom Quarters

    1711 HWY 51, Mercer, WI 54547

    $348,500
    0.92 AC lot
    Northwoods commercial corner at the intersection of US Hwy 51 and State Hwy 47
    Includes a garage plus 2‑bedroom living quarters
    Finished tiled bar, signature salad bar, and expansive dining areas
    Bright professional kitchen included, with storage and landscaping on the property
    Construction materials: frame, stucco, and wood siding; mixed flooring throughout
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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 Any Listing Into an Investment Snapshot Owner equity, real caprate, 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.

    Sports Bar/Grill on Highway W
    Sports Bar/Grill on Highway W

    W7104 CTH W, Phillips, WI 54555

    $299,900
    3.25 AC lot

    Sports bar and grill with baseball diamond and live entertainment.

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    Sports Bar and Grill with Diamond
    Sports Bar and Grill with Diamond

    W7104 County Rd W, Phillips, WI

    $299,900
    2,200 sqft

    Turnkey sports bar setup includes bar, grill, and a baseball/softball field with lights for events.

    View details
    Established Restaurant & Bar For Sale
    Established Restaurant & Bar For Sale

    1520 County Highway F, Minocqua, WI 54548

    $694,900
    999 sqft

    Well-known restaurant and bar with lake frontage and boat launch.

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    Family Restaurant and Bar with Boat Launch
    Family Restaurant and Bar with Boat Launch

    1520 CTH F, Minocqua, WI 54548

    $694,900
    1,000 sqft · 0.09 AC lot

    Turnkey family restaurant and bar with a full kitchen setup, garage, and private boat launch on Twin Placid.

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    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. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,372,000.

    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

    Conventional restaurants 2
    Bars & Pubs 1

    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 $522.8K

    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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