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    4705 Tri Lakes Rd Superior, WI 54880

    For Sale
    $269,900

    Established business, 6.3 acres, huge potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property, situated on 6.3 acres at 4705 E Tri Lakes Rd in Superior, Wisconsin, presents a unique investment opportunity. The property boasts a well-established bar and restaurant, ideally located in the Amnicon Lakes Area, just minutes from the city of Superior. A paved driveway provides convenient access. The main floor features two distinct bar areas with ample seating, a dedicated dining space, and a fully equipped commercial kitchen, ready for immediate operation. Four bathrooms are strategically located throughout the building for customer convenience. A sizable back room offers versatile space for various uses, such as private events, recreational activities (pool, darts, etc.), or expansion of existing services. The main dining area includes two recently remodeled bathrooms and a welcoming gas fireplace, enhancing the ambiance for patrons. Upstairs, a sizable apartment provides additional income potential through rental. This apartment requires redecoration and updating to reach its full rental value. The property's substantial acreage and prime location offer significant potential for future development or expansion of the existing business. This is a rare chance to acquire a turn-key operation with significant upside in a desirable lakeside setting. The property is priced at $269,900.

    Property Features for 4705 Tri Lakes Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    274,428 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Superior
    County
    DOUGLAS
    State
    Wisconsin
    Longitude
    -92.04987
    Latitude
    46.48257

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    FAQs

    What type of property is this?
    Commercial real estate - Established business, 6.3 acres, huge potential.
    Where is this commercial real estate located?
    The property is located at 4705 Tri Lakes Rd Superior, WI.
    What is the asking price?
    The asking price for this property is $269,900.
    (715) 395-6979
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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
    4705 Tri Lakes Rd Superior, WI 54880
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