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    Tomahawk, WI
    Conventional Restaurant

    Tomahawk, WI Conventional Restaurants for Sale

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    Irma, WI Gleason, WI Rhinelander, WI Tripoli, WI Cassian, WI Merrill, WI Hazelhurst, WI Spring Green, WI
    Renovated Downtown Wine Bar Restaurant
    Updated: Jul 2
    Renovated Downtown Wine Bar Restaurant

    124 WISCONSIN AVE W, Tomahawk, WI 54487

    $550,000
    0.07 AC lot
    Renovated restaurant and wine bar on Wisconsin Avenue in downtown Tomahawk
    Food and beverage operation includes wine, craft beer, cocktails, and small plates
    Three bathrooms support the existing hospitality layout
    Brick, frame, and wood siding construction
    Forced‑air natural gas heating and central air conditioning
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    Bar and Pub with Living Quarters
    Updated: Sep 20
    Bar and Pub with Living Quarters

    N11497 SHORT RD, Tomahawk, WI 54487

    $319,900
    3.06 AC lot
    Bar and pub property on 3.0624 acres
    Full‑service bar with equipped commercial kitchen
    Attached living quarters with 2 bedrooms and 1 bathroom
    Directly on a snowmobile trail
    Adjacent to a wayside park‑and‑ride
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    Historic Bar Property with Event Space
    Historic Bar Property with Event Space

    N11050 CTH A, Tomahawk, WI 54487

    $289,950
    1.15 AC lot

    Wooded acreage, an open dining area, and an upstairs two-room office support flexible hospitality use.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Bar & Pub with Living Quarters
    Bar & Pub with Living Quarters

    N11497 Short Rd, Tomahawk, WI 54487

    $319,900
    1,878 sqft

    Operating hospitality property with a full-service bar, commercial kitchen, and attached two-bedroom residence.

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    Lakefront Supper Club Restaurant
    Lakefront Supper Club Restaurant

    W6041 NORTHERN LIGHTS CIR, Tomahawk, WI 54487

    $325,000
    0.05 AC lot

    Waterfront dining venue with a bar, commercial kitchen, and seasonal outdoor deck.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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 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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    Established Bar-Restaurant with Patio
    Established Bar-Restaurant with Patio

    11420 County Road K, Merrill, WI 54452

    $675,000
    1,638 sqft

    Features include volleyball courts, lawn games, a pool bar, and updated point-of-sale equipment.

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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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    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    151 Brown St N, Rhinelander, WI 54501

    $850,000

    Refurbished brick building combines restaurant operations with two occupied residential apartments.

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    Tomahawk, WI Conventional Restaurants Market Trends and Statistics

    Explore 5 conventional restaurants for sale in Tomahawk, WI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 1,878 square feet of properties for sale, with an estimated market value of $1,804,750.

    Sale prices for conventional restaurants in Tomahawk, WI start at $289,950, averaging $360,950, 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 6
    Conventional restaurants 5
    Commercial kitchens 3

    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 $388.3K

    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

    Total CRE Inventory on Market (SF)

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