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    8 Wisconsin Ave Tomahawk, WI 54487

    For Sale
    $260,000

    Downtown Tomahawk bar & 3-bedroom apartment. High visibility location.

    Property size:
    3,696 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    298
    This exceptional commercial property, located at 8 W Wisconsin Ave in Tomahawk, Wisconsin, presents a unique investment opportunity. Priced at $260,000, this special purpose property encompasses a total of 3,696 square feet, situated on a 3,549 square foot lot. The main level features a fully renovated bar area, boasting a spacious 21x48 foot layout with ample seating, built-in coolers, taps, and a dedicated 21x42 foot area perfect for live bands or other entertainment. The bar also includes updated electrical and three bathrooms. Upstairs, a comfortable three-bedroom apartment provides additional living space or rental income potential. The apartment includes a kitchen (7x12), dining area (12x14), living room (14x20), three bedrooms (7x16, 15x14, 15x14), and a den (9x17), along with a fireplace. Recent renovations include new flooring, paint, and updated televisions. The property's prime downtown corner location ensures high visibility and excellent exposure, making it ideal for a variety of businesses. The current setup as a bar is easily maintained, or the space can be adapted to suit a new owner's vision. This is a rare opportunity to acquire a well-maintained, high-traffic commercial property in a desirable Wisconsin location. The zip code is 54487.

    Property Features for 8 Wisconsin Ave

    General Information

    Property type
    Land
    Square Feet
    3,696 SF

    HighLights

    • $260,000 asking price.
    • 3,696 square foot special purpose property with 3,549 square foot lot.
    • Located at 8 W Wisconsin Ave, Tomahawk, WI 54487.
    • Recently remodeled bar with great corner location and high visibility.
    • Includes a three‑bedroom apartment with fireplace upstairs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Corner Bar Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Tomahawk
    County
    Lincoln
    State
    Wisconsin
    Longitude
    -89.7296679
    Latitude
    45.4712011

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    FAQs

    What type of property is this?
    Land - Downtown Tomahawk bar & 3-bedroom apartment. High visibility location.
    Where is this land located?
    The property is located at 8 Wisconsin Ave Tomahawk, WI.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: $260,000 asking price.; 3,696 square foot special purpose property with 3,549 square foot lot.; Located at 8 W Wisconsin Ave, Tomahawk, WI 54487.
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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
    8 Wisconsin Ave Tomahawk, WI 54487
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