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Restaurant with Walk-In Storage
For Sale
$349,000

N17480 US Highway 141 Road, Pembine, WI 54156

COM/IND/BUS OPP, Pembine T-WI, WI

Property Size2,472 SF
Lot Size3.49 Acres
Price / SF$141.18
Days on Market120

Property Features for N17480 US Highway 141 Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description Commercial
Lot features Main Street, Rural
Subdivision Beecher T-WI
Standard status Active
Size 2,472 SF
Lot size 3.49 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4565

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Private

Amenities

security system
detached garage

Building Details

Year built 1955
Roof type Shingle, Asphalt
Listing Agency: COLDWELL BANKER REAL ESTATE GROUP
Listed By: MICHAEL GOTSTEIN
Added: May 14 Changed: Sep 3 Last Checked: Sep 10 at 12:06PM
MLS# 50207666

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This conventional restaurant property contains 2,472 square feet on 3.49 acres, with dining capacity for approximately 55 guests. The sale includes the restaurant’s furnishings and equipment, along with a 10x12 walk-in cooler, 10x12 walk-in freezer, Ansul fire suppression system, security system, and durable tile flooring. A detached 24x24 garage provides additional onsite improvement space.

The property fronts US Highway 141 and is identified for Commercial zoning. Building systems include forced-air heating and central air conditioning, with private water service. Constructed in 1955, the building has a shingle and asphalt roof. The asset is offered as an operating restaurant property with its existing physical infrastructure and equipment in place.

Key Highlights

  • 2,472‑square‑foot restaurant building on 3.49 acres
  • Dining area accommodates approximately 55 guests
  • 10x12 walk‑in cooler and 10x12 walk‑in freezer included

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Florist

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
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 54156, WI

1,544
Population
1,770
Households
0.9
Avg Household Size
54
Median Age
17%
College-Educated
92%
High-School Grad
99.5 sq mi
ZIP Area
16
Density / Sq Mi
$49,722
Median Household Income
$32,961
Median Earnings
$782
Median Rent
$123,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant with included furnishings, commercial equipment, guest seating, and supporting storage improvements.
Where is this conventional restaurant located?
The property is located at N17480 US Highway 141 Road Pembine, WI.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 2,472‑square‑foot restaurant building on 3.49 acres; Dining area accommodates approximately 55 guests; 10x12 walk‑in cooler and 10x12 walk‑in freezer included
More about this property
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