Search
Restaurant and Bar with Upstairs Residence
For Sale
$489,900

705 4TH ST N, Merrill, WI 54487

CommercialSale, Merrill, WI

Property SizeContact for details
Lot Size0.70 Acres
Days on Market202

Property Features for 705 4TH ST N

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 2
Bathrooms 3
Full bathrooms 1
Half bathrooms 2
Rooms Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 2
Parking features Garage, Driveway
Directions North 4th Street in the Center of Tomahawk
Standard status Active
APN 286-3506-271-0196
Lot size 0.70 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description G L PARKS SECOND ADD'N LT 4 BLK 3 *2341
Tax Annual Amount 1925
Legal Description G L PARKS SECOND ADD'N LT 4 BLK 3 *2341

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1994
Floors in Building 2
Number of units 1
Building materials Frame, LogSiding
Roof type Metal
Listing Agency: CENTURY 21 BEST WAY REALTY · Century 21 Real Estate
Listed By: ANDREA KRUEGER · License #47594 - 90
Added: Feb 9 Changed: Aug 20 Last Checked: Aug 30 at 1:06PM
MLS# 215747

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

Investment Insights

Based on property information with market context.

This established restaurant and bar property includes a guest dining area, horseshoe bar, and fully equipped kitchen. The building also provides an upstairs two-bedroom residence, creating an additional on-site living component. A garage offers space for storage, parking, or workspace.

The property encompasses 0.7 acres and was built in 1994. Construction includes frame and log siding, with a metal roof, forced-air heat, central air, and public sewer service. Parking is provided through the garage and driveway.

Key Highlights

  • Established restaurant and bar with dining area, horseshoe bar, and fully equipped kitchen
  • Upstairs two‑bedroom residence included
  • 0.7‑acre property built in 1994

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Bakery Kitchen & Bath Showroom Cafe & Coffee Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

245
Businesses Nearby
38k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 72% Dining 16% Home Improvements & Furnishings 12%
Kwik Trip Shops & Services
16,352 visits/mo 0.1 miles
BP Shops & Services
7,049 visits/mo 0.5 miles
Tomahawk Ace Hardware Home Improvements & Furnishings
4,608 visits/mo 0.2 miles
Pizza Hut Dining
3,083 visits/mo 0.3 miles
SUBWAY Dining
2,776 visits/mo 0.1 miles

Demographics for 54487, WI

9,750
Population
7,200
Households
1.4
Avg Household Size
53
Median Age
23%
College-Educated
93%
High-School Grad
290.6 sq mi
ZIP Area
34
Density / Sq Mi
$76,712
Median Household Income
$45,830
Median Earnings
$612
Median Rent
$223,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes a horseshoe bar, equipped kitchen, dining area, garage, and driveway parking.
Where is this conventional restaurant located?
The property is located at 705 4TH ST N Merrill, WI.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Established restaurant and bar with dining area, horseshoe bar, and fully equipped kitchen; Upstairs two‑bedroom residence included; 0.7‑acre property built in 1994
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message