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4920 State Hwy Rhinelander, WI 54501

For Sale
$549,000

Established Rhinelander Restaurant with Water Frontage

Property size:
3,575 SF

Description

Added:
Feb 3, 2025
Days on Market:
314
Backwaters Bar & Grill, located at 4920 State Highway 47 in Rhinelander, WI, presents a unique turnkey commercial real estate opportunity. This well-established restaurant boasts 3,575 square feet of space on a 1.47-acre lot with 275 feet of desirable water frontage on the Boom Lake chain, offering prime access to the Wisconsin River and nearby trails. The property includes three parcels and features both indoor and outdoor seating for a total of 120 guests, along with indoor and outdoor bars. A significant advantage is its direct access to the snowmobile trail system, making it a year-round destination for locals, boaters, and snowmobilers alike. The building underwent a remodel in 2014 and includes an accessory building/shed suitable for office space or storage. The sale includes all existing equipment, supplies, and the opportunity for staff carryover and training. High highway traffic counts of 4300 vehicles per day on State Highway 47 further enhance the property's visibility and potential. This established business offers a compelling investment opportunity with significant potential for growth. All data should be independently verified.

Property Features for 4920 State Hwy

General Information

Property type
Other commercial real estate
Square Feet
3,575 SF
Lot Size
64,033 SF

Building Details

Year Built
1960

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Rhinelander
County
ONEIDA
State
Wisconsin
Longitude
-89.51229
Latitude
45.70388

FAQs

What type of property is this?
Commercial real estate - Established Rhinelander Restaurant with Water Frontage
Where is this commercial real estate located?
The property is located at 4920 State Hwy Rhinelander, WI.
What is the asking price?
The asking price for this property is $549,000.
More about this property
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