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    7 Nimikon St Gile, WI 54525

    For Sale
    $239,000

    Business - Montreal C-WI, WI

    Type:Business
    Property size:
    3,115 SF
    Lot size:
    0.09 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 7 Nimikon St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    251-0124-0000
    Size
    3,115 SF
    Lot size
    0.09 Acres

    Building Details

    Year built
    1930
    Architectural style
    Other

    FIRST WEBER, INC (906) 667-6366

    Listing agent PETER SEIFERT (906) 667-6366 License #6501422652

    Listing date Oct 31, 2025

    MLS# 50193128 Listing URL

    Copyright © 2025 Upper Peninsula 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

    Bar and Grill Opportunity

    This property presents a business opportunity with a popular bar and grill. It is located in the City of Montreal, a couple miles from Silver Street in Hurley, and a few blocks from the Gile Flowage, making it a prime location for Snowmobiling and ORV activities. The building features an efficient bar setup with ample space and cooler capacity. Adjacent to the bar is a kitchen. The property also includes a spacious dining room and a screen porch area. The upper level contains a 3-bedroom, 1-bath apartment. There is plenty of parking available. The property is located close to a horseshoe pit, baseball diamond, and volleyball courts. The building size is 3115 square feet and the lot size is 0.09 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Wholesale Shop Hotel & Motel Food Market Bar & Pub Car Rental Bed & Breakfast Breakfast

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

    Similar Places Nearby

    Lost & Found, Squatch Bar And Grill, Opie's Time Out, Dam bar

    Location Insight

    • Map
    • Local Demand
    City
    Gile
    County
    Iron
    State
    Wisconsin
    Longitude
    -90.224721
    Latitude
    46.430713

    FAQs

    What type of property is this?
    Bar - Popular bar and grill in prime location for outdoor activities.
    Where is this bar located?
    The property is located at 7 Nimikon St Gile, WI.
    What is the asking price?
    The asking price for this property is $239,000.
    What are key features of this property?
    This property features: - Prime location for Snowmobiling and ORV activities near Hurley's Silver Street and the Gile Flowage.; - Established bar and grill with efficient bar setup, ample space, and cooler capacity.; - Includes a 3-bedroom, 1-bath apartment on the upper level.
    (906) 667-6366
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    7 Nimikon St Gile, WI 54525
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    Gile, WI 54525
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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
    7 Nimikon St Gile, WI 54525
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