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    22270 County Highway C Cornucopia, WI 54827

    For Sale
    $299,900

    Charming Restaurant, Inn, & Tiki Bar

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial property in the picturesque village of Cornucopia, Wisconsin, presents a unique investment opportunity. Situated on 1.33 acres of commercially zoned land, the property includes a charming Tudor-style building featuring a cozy restaurant with a dining room, bar, and two kitchens. A separate, fun-filled tiki bar is located steps from the main structure, adding to the property's appeal. The main building also boasts four guest rooms, each with a private bathroom, and a shared common area, providing immediate income potential. The property enjoys a prime location directly on Highway 13 and County Highway C, ensuring high visibility and accessibility for both locals and tourists. The existing infrastructure includes sanitary district services. The substantial lot size offers significant potential for expansion, such as the development of additional tiny cabins to further capitalize on the tourism market. This turnkey operation is ready for a new owner to continue its success or to implement innovative ideas to enhance its offerings. The property's blend of restaurant, inn, and tiki bar creates a diverse revenue stream and a unique experience for patrons. This is a rare chance to own a well-established business in a desirable location with significant growth potential. The property's existing structure and ample land provide a solid foundation for future expansion and development.

    Property Features for 22270 County Highway C

    General Information

    Property type
    Other commercial real estate
    Lot Size
    57,935 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    The Fat Radish Restaurant

    Suggested Use

    Clothing Store Restaurant Department Store Food Market Accounting Firm Bar & Pub Travel Agency Arcade & Gaming Center Hotel & Motel Toy Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cornucopia
    County
    BAYFIELD
    State
    Wisconsin
    Longitude
    -91.10584
    Latitude
    46.85397

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    FAQs

    What type of property is this?
    Commercial real estate - Charming Restaurant, Inn, & Tiki Bar
    Where is this commercial real estate located?
    The property is located at 22270 County Highway C Cornucopia, WI.
    What is the asking price?
    The asking price for this property is $299,900.
    (218) 728-5161
    Request Owner's contact information
    22270 County Highway C Cornucopia, WI 54827
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    Cornucopia, WI 54827
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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
    22270 County Highway C Cornucopia, WI 54827
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