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Restaurant with Event Pavilion
New
For Sale
$449,900

10139 W Us Highway 8, Crandon, WI 54520

A separate three-season pavilion includes a stage and wall cooler for gatherings and events.

Property Size3,700 SF
Lot Size2.60 Acres
Price / SF$121.59
Days on Market2

Property Features for 10139 W Us Highway 8

General Information

Standard status Active
Size 3,700 SF
Lot size 2.60 Acres
Property subtype Commercial
Zoning Commerical

Additional Details

Seating Capacity 84

Taxes and HOA fees

Annual Taxes $2,479

Building Details

Building Size 3,700 SF
Year Built 1959
Buildings 4
Listing Agency: LPT Realty
Listed By: Alexia J. Tullberg · License #91950137
Source: Lamersrealty
Added: Oct 29 Last Checked: Oct 29 at 2:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty

Rey
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Investment Insights

Based on property information with market context.

The 3,700-square-foot restaurant accommodates 72 guests, with 12 additional seats at the bar. A 28-by-50-foot, three-season pavilion adds a stage and a six-door wall cooler. The property also includes a two-bedroom, two-bath mobile home and a 30-by-40-foot pole building for storage.

On 2.6 acres, the restaurant property is directly across from Crandon International Raceway. No permanent structures may be built within the Wisconsin DOT’s Sight of View area.

Key Highlights

  • 3,700‑square‑foot restaurant with seating for 72, plus 12 bar seats
  • 28‑by‑50‑foot three‑season pavilion with stage and six‑door wall cooler
  • Two‑bedroom, two‑bath mobile home on the property

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Storage Facility Hotel & Motel Bar & Pub Restaurant

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

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby
Well-served
Demand for This Use

Demographics for 54520, WI

4,063
Population
2,948
Households
1.4
Avg Household Size
44
Median Age
14%
College-Educated
92%
High-School Grad
122.8 sq mi
ZIP Area
33
Density / Sq Mi
$58,493
Median Household Income
$40,541
Median Earnings
$570
Median Rent
$165,900
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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A separate three-season pavilion includes a stage and wall cooler for gatherings and events.
Where is this conventional restaurant located?
The property is located at 10139 W Us Highway 8 Crandon, WI.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 3,700‑square‑foot restaurant with seating for 72, plus 12 bar seats; 28‑by‑50‑foot three‑season pavilion with stage and six‑door wall cooler; Two‑bedroom, two‑bath mobile home on the property
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