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    468 Max Rd Pelican Lake, WI 54463

    Sponsored
    For Sale
    $225,000

    COMMERCIAL - Pelican Lake, WI

    Lot size:
    2.55 Acres
    Days on Market:
    115
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 468 Max Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    03001-0370-0001
    Lot size
    2.55 Acres

    Utilities

    Heating system
    Propane (Heating)
    Water source
    Well

    Building Details

    Floors in Building
    2
    Building materials
    VinylSiding, WoodSiding
    Roof type
    Metal, Rubber

    Absolute REALTORS Inc (715) 627-4885 [email protected]

    Listing agent LISA KUENZLI (715) 610-2393

    Listing date Sep 13, 2025

    MLS# 203686 Listing URL

    Copyright © 2025 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

    Established Tavern Business For Sale

    This established tavern business, operational for over 37 years, is located in the heart of recreational country, with direct access to ATV and snowmobile trail systems and close proximity to area lakes. The property features a volleyball sand court and an outside speaker system for seasonal use, as well as indoor pool and dart leagues during the winter. The building has a newer roof and coolers, and provides ample patron space. Currently, the tavern serves pizzas, but the attached kitchen area offers the potential to expand the food variety. Games are owned by an outside party, with profits split, which eliminates concerns about technical issues. The open upper floor could be converted into living quarters. An adjacent street front area, currently used as a second hand shop, presents various potential uses. The property is situated on a 2.55-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jennings Bar/Home of the Rock ... Bar

    Suggested Use

    Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Jennings Bar/Home of the Rock and Dick

    Location Insight

    • Map
    • Local Demand
    City
    Pelican Lake
    County
    Oneida
    State
    Wisconsin
    Longitude
    -89.07118857
    Latitude
    45.5079898

    Nearby Similar for Sale

    • $749,000
      8.91 Acres

      Pelican Lake Resort Opportunity

      Established resort on nearly 9 acres with 204' frontage.
      1116 Chicago Point Dr, Pelican Lake, WI 54463
      View Details

    FAQs

    What type of property is this?
    Bar - Turnkey tavern with potential for expanded food service and living quarters.
    Where is this bar located?
    The property is located at 468 Max Rd Pelican Lake, WI.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Established tavern business with 37+ years of operation.; - Prime location on ATV and Snowmobile trail systems, near area lakes.; - Includes volleyball sand court and outside speaker system for seasonal use.
    (715) 610-2393
    Request Owner's contact information
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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
    468 Max Rd Pelican Lake, WI 54463
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