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    N5640 State Highway 107 Irma, WI 54442

    For Sale
    $244,900

    Business Opportunity w/RE - Irma, WI

    Property size:
    2,617 SF
    Lot size:
    5.35 Acres
    Days on Market:
    61
    Last Refresh:
    Dec 9 at 8:06 pm

    Property Features for N5640 State Highway 107

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Other
    Size
    2,617 SF
    Lot size
    5.35 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Number of units
    1
    Roof type
    Shingle
    Architectural style
    Other

    Coldwell Banker Action Realty (715) 359-0521 [email protected]

    Listing agent JOLETA WESBROCK (715) 359-0521 License #58263-94

    Listing date Oct 10, 2025

    MLS# 22502541 Listing URL

    Copyright © 2025 Central Wisconsin MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tavern/Restaurant on 5+ Acres

    This country property, situated on over 5 acres between Merrill and Tomahawk, is currently operating as a tavern and restaurant. The unzoned property presents multiple opportunities, including continuing its current use with the existing inventory and equipment, or converting it into a residence. The available land offers potential for a campground, and a snowmobile trail runs through the property. Ample parking is available, with space for volleyball courts and a horseshoe area. The Wisconsin River and County Road E bridge are located across the street. Recent updates have been made by the current owners. The restaurant area features a good seating section, and the bar area provides ample space with convenient access to the kitchen. Two updated restrooms have been added, along with newer kitchen equipment and a walk-in cooler. This is a turn-key operation for those seeking to own their own business. The upper level of the 2,617 square foot property is partially gutted and ready for remodeling, offering the possibility of adding living quarters. The property is located in Irma, Wisconsin.
    Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Irma
    County
    Lincoln
    State
    Wisconsin
    Longitude
    -89.778852
    Latitude
    45.320788

    Nearby Similar for Sale

    • New
      $275,000
      2.00 Acres

      Restaurant/Bar Opportunity in Irma, WI

      Well-known restaurant/bar on snowmobile trail with living space.
      N8894 Cth H, Irma, WI 54442
      View Details

    FAQs

    What type of property is this?
    Bar - Turn-key tavern and restaurant on 5+ acres near Wisconsin River.
    Where is this bar located?
    The property is located at N5640 State Highway 107 Irma, WI.
    What is the asking price?
    The asking price for this property is $244,900.
    What are key features of this property?
    This property features: - Turn-key tavern and restaurant business opportunity with existing inventory and equipment included.; - Unzoned 5+ acre property offering flexible usage options (tavern/restaurant, residence, campground).; - Direct snowmobile trail access and ample parking, suitable for various recreational activities.
    (715) 359-0521
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    N5640 State Highway 107 Irma, WI 54442
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    Irma, WI 54442
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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
    N5640 State Highway 107 Irma, WI 54442
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