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Renovated Downtown Wine Bar Restaurant
For Sale
$550,000

124 WISCONSIN AVE W, Tomahawk, WI 54487

CommercialSale, Tomahawk, WI

Property SizeContact for details
Lot Size0.07 Acres
Days on Market89

Property Features for 124 WISCONSIN AVE W

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 3, Bathroom 2
Parking features On Street
Exterior features HandicapAccessible
Accessibility Accessible Approach with Ramp
Directions North on 4th Street to West Wisconsin Ave
Standard status Active
APN 28635063430129
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 16 BLK 13 ORIGINAL PLAT OF TOMAHAWK
Tax Annual Amount 2183
Legal Description LOT 16 BLK 13 ORIGINAL PLAT OF TOMAHAWK

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Floors in Building 2
Number of units 1
Building materials Brick, Frame, WoodSiding
Roof type Rubber
Listing Agency: NORTHWOODS COMMUNITY REALTY, LLC
Listed By: KEITH HANSE · License #59045 - 90
Added: Jul 2 Changed: Sep 23 Last Checked: Sep 28 at 1:06AM
MLS# 218257

Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This renovated restaurant and wine bar occupies a brick, frame, and wood-sided property on Wisconsin Avenue in downtown Tomahawk. The operation includes a bar, guest seating, food service areas, and three bathrooms, with a layout suited to dining, beverage service, and private events. Interior finishes and furnishings are presented as part of an established hospitality business offering wine, craft beer, cocktails, and small plates.

The property is served by public water and public sewer and includes forced-air natural gas heating and central air conditioning. Accessibility features include an approach ramp and handicap-accessible design. On-street parking is available, while the rubber roof provides the primary roofing system.

Key Highlights

  • Renovated restaurant and wine bar on Wisconsin Avenue in downtown Tomahawk
  • Food and beverage operation includes wine, craft beer, cocktails, and small plates
  • Three bathrooms support the existing hospitality layout

Property Analytics

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Current Use

Sideways Wine & Craft ... Bar & Pub The Fifth Element Art ... Art Gallery

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Hair Salon Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

311
Businesses Nearby
12k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
6,806 visits/mo 0.2 miles
Shell Shops & Services
5,265 visits/mo 0.4 miles
Gerber Collision & Glass Shops & Services
346 visits/mo 0.1 miles

Demographics for 54487, WI

9,750
Population
7,200
Households
1.4
Avg Household Size
53
Median Age
23%
College-Educated
93%
High-School Grad
290.6 sq mi
ZIP Area
34
Density / Sq Mi
$76,712
Median Household Income
$45,830
Median Earnings
$612
Median Rent
$223,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Hospitality property with accessible entry, central air, public utilities, and on-street parking.
Where is this conventional restaurant located?
The property is located at 124 WISCONSIN AVE W Tomahawk, WI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Renovated restaurant and wine bar on Wisconsin Avenue in downtown Tomahawk; Food and beverage operation includes wine, craft beer, cocktails, and small plates; Three bathrooms support the existing hospitality layout
More about this property
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