Conventional Restaurant

Summit Lake, WI Conventional Restaurants for Sale

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Turnkey Restaurant for Sale
Updated: Dec 13, 2022
Turnkey Restaurant for Sale

10990 county hwy T, Summit Lake, WI 54485

$265,000
Turnkey restaurant for sale with everything in place for immediate operation
Established restaurant located on the east side of Hwy 45 in Summit Lake
Serves both local customers and year‑round vacationers with consistent traffic
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Summit Lake, 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.

Mixed-Use Property with Lounge
Mixed-Use Property with Lounge

119 Brown St, Rhinelander, WI 54501

$749,900
8,490 sqft

The building combines a lounge and restaurant with commercial rentals, guest rooms, and an apartment.

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Restaurant Building with Outdoor Deck
Restaurant Building with Outdoor Deck

621 Bissell St, White Lake, WI 54491

$275,000
3,044 sqft

Restaurant property with an expanded kitchen, dining and bar areas, outdoor deck, apartment, garage, and three-phase power.

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Mixed-Use Restaurant Property
Mixed-Use Restaurant Property

621 BISSELL Street, White Lake, WI 54491

$275,000
0.63 AC lot

Commercially zoned property with restaurant improvements, an unfinished apartment, outdoor deck, garage, and public utilities.

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Operational Restaurant Business with Equipment
Operational Restaurant Business with Equipment

400 PELHAM ST S, Rhinelander, WI 54501

$135,000

Established restaurant business with equipment included in a leased downtown location.

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Summit Lake, WI Conventional Restaurants Market Trends and Statistics

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

Sale prices for conventional restaurants in Summit Lake, WI average $265,000 — 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 1

Demographics Overview

Population 432
Population Growth (5Y) +33.3%
Median Household Income $72,292
College Educated 33.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
54485 $265K

Taxes & Financing

Tax Rate (average for all types) 1.08%
Tax Rate vs County Average 1.17 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Langlade County

New Delisted

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