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    5234 Hwy, Unit 51 Mercer, WI 54547

    For Sale
    $697,000

    COMMERCIAL - Mercer, WI

    Lot size:
    0.56 Acres
    Days on Market:
    150
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 5234 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    012-3063-00000000
    Exterior features
    Landscaping
    Lot size
    0.56 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Frame, ShingleSiding, Stone, WoodSiding
    Roof type
    Metal
    Additional Structures
    Outbuilding

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

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

    Listing date Jul 9, 2025

    MLS# 212803 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

    Restaurant and Event Center For Sale

    The Pines Restaurant and Event Center is a commercial property located in downtown Mercer, WI. This establishment features a restaurant and bar, complemented by an outdoor area that includes a Tiki Bar, outdoor kitchen, bathrooms, and a fire pit with seating. A bandstand and dance floor accommodate live music, which is currently offered weekly from Friday to Sunday. The property also hosts a weekly farmers market in the garden and an ice cream parlor. During the winter, the Tiki Bar is enclosed and transformed into an Ice Bar, catering to the snowmobile crowd. The property is situated on a 0.56-acre lot and offers parking, with snowmobile and ATV trails accessible from the back. The Pines Restaurant and Event Center offers multiple revenue streams and hosts private events and weddings.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Map

    City
    Mercer
    County
    State
    Wisconsin
    Longitude
    -90.0650543
    Latitude
    46.16657616

    Nearby Similar for Sale

    • $348,500
      0.92 Acres

      Iconic Mercer Area Restaurant/Bar

      Established restaurant/bar with apartment and high traffic location.
      1711 Hwy, Mercer, WI 54547
      View Details

    FAQs

    What type of property is this?
    Restaurant - Popular restaurant, bar, and event center with multiple revenue streams.
    Where is this restaurant located?
    The property is located at 5234 Hwy, Unit 51 Mercer, WI.
    What is the asking price?
    The asking price for this property is $697,000.
    What are key features of this property?
    This property features: - Multiple Revenue Streams: Restaurant, bar, outdoor area, Tiki Bar, ice cream parlor, events, weddings, and farmers market.; - Prime Location: Downtown Mercer with ample parking and direct access to snowmobile/ATV trails.; - Established Business: Popular restaurant and event center with a proven track record.
    (715) 543-2544
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    Mercer, WI 54547
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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
    5234 Hwy, Unit 51 Mercer, WI 54547
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