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    10381 Hwy 51 Oma, WI 54534

    Sponsored
    For Sale
    $299,000

    COMMERCIAL - Oma, WI

    Lot size:
    0.70 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 7 at 4:06 pm

    Property Features for 10381 Hwy 51

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    014-0219-0000
    Interior features
    Storage
    Exterior features
    Landscaping
    Lot size
    0.70 Acres

    Utilities

    Sewer type
    Mound Septic
    Heating system
    Propane (Heating), Forced Air
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Frame, Stone, WoodSiding
    Roof type
    Shingle, Composition
    Additional Structures
    Storage

    Redman Realty Group, LLC (715) 358-0450 [email protected]

    Listing agent LINDA LONG TEAM (715) 543-2544 License #54872 - 90

    Listing date Jan 5, 2026

    Copyright © 2026 Northwoods Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Restaurant Opportunity in Oma

    This commercial property presents an exciting restaurant opportunity located on a busy section of US HWY 51, just south of Hurley, WI. The site operated as the Sky Lawn Supper Club for over 70 years and has a rich Northwoods history. The current building was constructed in 2007 and operated as a successful restaurant until 2024. The sale includes all furnishings, fixtures, and equipment, presenting a turn-key opportunity for a new owner. The property is located directly on the Iron County Snowmobile and ATV trails. The 0.7-acre lot and building lend themselves to many uses, making it suitable for various business ideas. The property is located in Oma, Wisconsin.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Map

    City
    Oma
    County
    Iron
    State
    Wisconsin
    Longitude
    -90.15501022
    Latitude
    46.35143028

    FAQs

    What type of property is this?
    Restaurant - Operating restaurant on busy highway, includes furnishings and equipment.
    Where is this restaurant located?
    The property is located at 10381 Hwy 51 Oma, WI.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Turnkey restaurant opportunity with all furnishings, fixtures, and equipment included.; - Prime location on busy US HWY 51 and directly on Iron County Snowmobile and ATV trails.; - Established restaurant site with a 70+ year history as a supper club.
    (715) 543-2544
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    Oma, WI 54534
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10381 Hwy 51 Oma, WI 54534
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