Listing Agency: RADENTON REALTY LLC Show Phone

Listed By: RICHARD DENTON · License #5811290 Show Phone

Source: Exprealty

Added: Mar 11, 2025 Changed: Aug 20 Last Checked: Aug 20 at 2:09PM

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Investment Insights

Based on property information with market context.

Offered for sale is a well-established, thriving, family-owned restaurant and lounge known for its excellent food and exceptional service. Located in the heart of downtown, this business offers a turn-key operation with a loyal customer base and outstanding reputation. The sale includes both the business and the real estate. Situated downtown, the restaurant benefits from high visibility and a steady flow of foot traffic. The property also offers ample parking for customers. The establishment boasts divisible banquet rooms, perfect for hosting events of various sizes. There is also a large dining area complemented by a comfortable lounge and bar, ideal for casual dining or an upscale night out. The business is fully equipped, including a 5-tier pizza oven, and comes with all necessary licenses to operate smoothly.

Key Highlights

• Turn‑key restaurant and lounge business with real estate included.
• Well‑established business with loyal customer base and outstanding reputation.
• Prime downtown location with high visibility and foot traffic.**

Property Analytics

Property Profile

Current Use

Jameson's 1930 Inn Restaurant Lake Avenue Restaurant ... Restaurant Memorial Park Park

Suggested Use

Top Pick Dental Office Electrical Service Bakery (Bike/Boat/Book/etc) Store Building Supply Barber Shop

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

305

Businesses Nearby

13k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 94% Electronics 6%

BP Shops & Services

5,471 visits/mo 0.2 miles

Dollar Tree Shops & Services

5,248 visits/mo 0.5 miles

Associated Bank Shops & Services

1,474 visits/mo 0.2 miles

Verizon Electronics

846 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Restaurant - Thriving family-owned restaurant and lounge with real estate included.

Where is this restaurant located?

The property is located at 200 S Lake Ave Crandon, WI.

What is the asking price?

The asking price for this property is $499,900.

What are key features of this property?

This property features: Turn‑key restaurant and lounge business with real estate included.; Well‑established business with loyal customer base and outstanding reputation.; Prime downtown location with high visibility and foot traffic.**