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Restaurant with Event Pavilion
For Sale
$449,900

10139 W US HIGHWAY 8, Crandon, WI 54520

Commercial Sale, CRANDON, WI

Property SizeContact for details
Lot Size2.60 Acres
Days on Market8

Property Features for 10139 W US HIGHWAY 8

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commerical
Basement Full
Elementary school district Crandon
Middle school district Crandon
High school district Crandon
Directions Head west on US Highway 8 approx 2 miles, property is directly across from Crandon International Raceway.
Standard status Active
APN 012-00692-0000
Lot size 2.60 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2480

Utilities

Sewer type Mound Septic
Heating system Forced Air, Other (Heating)
Water source Well

Building Details

Year built 1959
Building materials Vinyl Siding, Shake Siding
Listing Agency: LPT Realty
Listed By: Alexia J. Tullberg · License #91950137
Added: Oct 7 Changed: Oct 14 Last Checked: Oct 14 at 10:06AM
MLS# 50333953

Copyright © 2026 Realtor Association of Northeast Wisconsin. 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.

The restaurant contains 3,700 square feet of space, with seating for 72 diners and 12 more at the bar. A 28-by-50-foot, three-season pavilion includes a stage and a six-door wall cooler. The 2.6-acre property also has a two-bedroom, two-bath mobile home and a 30-by-40-foot pole building for storage.

At 10139 W US Highway 8 in Crandon, the property is directly across from Crandon International Raceway. Race weekends draw thousands of visitors to the area, while ATV and snowmobile traffic occurs throughout the year. The site is subject to a restriction on permanent structures within the DOT sight of view.

Key Highlights

  • 3,700‑square‑foot restaurant with seating for 72 and 12 additional bar seats
  • 28‑by‑50‑foot, three‑season pavilion with stage and six‑door wall cooler
  • 2.6‑acre property directly across from Crandon International Raceway

Property Analytics

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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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - A separate three-season pavilion adds space for gatherings, with its own stage and six-door wall cooler.
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 and 12 additional bar seats; 28‑by‑50‑foot, three‑season pavilion with stage and six‑door wall cooler; 2.6‑acre property directly across from Crandon International Raceway
More about this property
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