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    Tomahawk, WI
    Conventional Restaurant

    Tomahawk, WI Conventional Restaurants for Sale

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    Merrill, WI Irma, WI Tripoli, WI Gleason, WI Harshaw, WI Ogema, WI Rhinelander, WI Hazelhurst, WI
    Turnkey Wine Bar & Restaurant
    Updated: Jul 2
    Turnkey Wine Bar & Restaurant

    124 WISCONSIN AVE W, Tomahawk, WI 54487

    $550,000
    0.07 AC lot
    Hospitality property with handicap accessibility, including an accessible approach with ramp
    Built with brick, frame, and wood siding exterior materials
    Heating: natural gas forced air; cooling: central air
    Utilities include public water and public sewer
    Rubber roof
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    Historic Roadhouse with Acreage
    Updated: Mar 26
    Historic Roadhouse with Acreage

    N11050 CTH A, Tomahawk, WI 54487

    $299,950
    1.15 AC lot
    Historic roadhouse/supper club building with main‑floor bar plus separate open dining and event space
    Includes two‑room office/space upstairs and a screened smoking porch
    Three restrooms on site
    Recent upgrades: new roof, new windows, and completely restored outside siding
    Forced‑air natural gas heating; wood siding and frame construction
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    Downtown Restaurant with Apartments
    Downtown Restaurant with Apartments

    204 W Wisconsin Ave, Tomahawk, WI 54487

    Contact for pricing

    Restaurant building with two upstairs apartments, including one freshly updated and one currently rented monthly for $550.

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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 Tomahawk, 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.

    Turn-Key Restaurant Opportunity in Merrill
    Turn-Key Restaurant Opportunity in Merrill

    900 N CENTER AVENUE, Merrill, WI 54452

    $250,000
    2,004 sqft 0.71 AC lot

    Established restaurant on a 0.71-acre corner lot.

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    Turn-Key Restaurant on Corner Lot
    Turn-Key Restaurant on Corner Lot

    900 N Center Ave, Merrill, WI 54452

    $250,000
    2,004 sqft 0.71 AC lot

    Turn-key restaurant property on a corner lot with existing commercial kitchen setup and ample parking for a quick start.

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    Multi-Purpose Restaurant and Bar Building
    Multi-Purpose Restaurant and Bar Building

    1540 PUEBLO DR., Rhinelander, WI 54501

    $499,000
    1.91 AC lot

    Multi-entrance commercial building with banquet spaces, an expansive commercial kitchen, and transferable liquor license.

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    Turnkey Take-and-Bake Pizza Restaurant
    Turnkey Take-and-Bake Pizza Restaurant

    400 PELHAM ST S, Rhinelander, WI 54501

    $135,000

    Turnkey restaurant business with equipment included, offering take-and-bake pizza, carryout, dine-in, and more at downtown location.

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    Tomahawk, WI Conventional Restaurants Market Trends and Statistics

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

    Sale prices for conventional restaurants in Tomahawk, WI start at $299,950, averaging $424,975, and reaching up to $550,000 — 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 5
    Conventional restaurants 3
    Turn key restaurants 1

    Demographics Overview

    Population 9,740
    Population Growth (5Y) +1.6%
    Median Household Income $76,712
    College Educated 15.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    54487 $300K

    Taxes & Financing

    Tax Rate (average for all types) 1.71%
    Tax Rate vs County Average 0.74 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

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