Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Established Restaurant & Bar For Sale Title is generated by Realmo AI

    1520 County Highway F, Minocqua, WI 54548

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $699,900

    Well-known restaurant and bar with lake frontage and boat launch.

    Type:Business Opportunities
    Property size:
    999 SF
    Price / SF:
    $700/SF
    Added:
    Mar 7, 2026
    Days on Market:
    69
    Last Refresh:
    Mar 7 at 7:11 pm

    Property Features for 1520 County Highway F

    General Information

    Standard status
    Active
    Size
    999 SF
    Property subtype
    Business Opportunities

    We can help!

    Listing Contact
    Neil Pluister

    Listing agent Neil Pluister License #50686-090

    Listing office RE/MAX

    Listing date Mar 7, 2026

    Source Remaxcommercial

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX

    HighLights

    • 47 feet of frontage and private boat launch on Twin Placid Lake, part of the Fence Lake Chain
    • Established family restaurant and bar with a 40‑year history and reputation for homemade dishes
    • Includes living quarters in the rear of the building
    • Substantial infrastructure upgrades: new roof (2024) and septic system (2021)
    • Large, well‑equipped commercial kitchen with ample prep space, walk‑in freezer, and multiple appliances
    • Includes a 42' x 34' garage and a large parking lot

    Overview

    This established family restaurant and bar, known for its fresh homemade dishes, has been a local fixture for nearly 40 years. The property features a 32' x 16' bar area with 15 barstools and a spacious open dining room spanning almost a thousand square feet, including 5 booths and 7 tables. The 288 square foot kitchen is equipped with 2-flat tops, a commercial stove and oven, 3-door coolers, 2 commercial refrigerators, and a newer ice machine. A 260 square foot prep area and a 10' x 9' walk-in freezer support kitchen operations. Living quarters are located in the rear of the building. Additional amenities include a 42' x 34' garage, a large parking lot, and a handicap-accessible entrance. The property boasts 47 feet of frontage on Twin Placid, part of the Fence Lake Chain, and includes a private boat launch. A new roof was installed in 2024, and a new septic system was installed in 2021. The building also has a partial basement. The property is located on North Placid Twin Lake at 1520 County Highway F, Minocqua, WI 54548 and is suitable for commercial use.
    Location Intelligence

    Current Use by Public Records

    Bars & Pubs

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Auto Repair Shop Hair Salon Gym & Fitness Center Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Minocqua
    County
    Oneida
    State
    Wisconsin
    Longitude
    -89.8777
    Latitude
    45.8538

    Nearby Similar for Sale

    • $399,900
      2,600 SF

      Prime Retail Space in Minocqua

      High-visibility commercial building in Minocqua's historic Boardwalk Shops.
      8528 HWY 51, Minocqua, WI 54548
      View Details
    • $997,000

      Established Bait and Tackle Shop

      Thriving Northwoods business with loyal customer base and multiple income streams.
      824 HWY 51, Minocqua, WI 54548
      View Details
    • $659,900
      4,440 SF

      Minocqua Commercial Opportunity For Sale

      Prime office space with excellent highway exposure in Minocqua, WI.
      9559 BOLGER LAKE RD, Minocqua, WI 54548
      View Details
    • $350,000

      Renovated Commercial Building on Highway

      Charming, renovated commercial building with high highway exposure.
      7601 HWY 51, Minocqua, WI 54548
      View Details
    • $4,500,000

      Minocqua Waterfront Resort Investment

      Unique commercial investment opportunity on Lake Minocqua with redevelopment potential.
      317 PARK AVE E, Minocqua, WI 54548
      View Details
    • $1,399,000

      Bowling Center with Lounge & Restaurant

      Established bowling center with lounge and restaurant on Hwy 51.
      8085 HWY 51, Minocqua, WI 54548
      View Details
    • $1,250,000

      Prime Commercial Location in Minocqua

      High-traffic location near Hwy 51 and Hwy 70 in Minocqua.
      8700 HWY 51, Minocqua, WI 54548
      View Details
    • $1,250,000

      COMMERCIAL - Minocqua, WI

      Commercial property in high-traffic location near Hwy 51 and Hwy 70.
      8700 Hwy 51, Minocqua, WI 54548
      View Details
    • $694,900
      1,000 SF

      Established Restaurant & Bar For Sale

      Well-known restaurant and bar with living quarters and lake frontage.
      1520 CTH F, Minocqua, WI 54548
      View Details
    • $350,000
      1,525 SF

      Renovated Building on High-Exposure Lot

      Charming, renovated commercial building with US Hwy 51 frontage.
      7601 US-51, Minocqua, WI 54548
      View Details
    • $344,900

      Minocqua Fourplex Investment Opportunity

      Four-unit property near downtown Minocqua with income potential.
      9506 CORY LN, Minocqua, WI 54548
      View Details
    • $274,900

      Minocqua Fourplex Investment Opportunity

      Fourplex in Minocqua with diverse floorplans and close to town.
      9503 CORY LN, Minocqua, WI 54548
      View Details

    FAQs

    What type of property is this?
    Bar & Pub - Well-known restaurant and bar with lake frontage and boat launch.
    Where is this bar & pub located?
    The property is located at 1520 County Highway F Minocqua, WI.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: 47 feet of frontage and private boat launch on Twin Placid Lake, part of the Fence Lake Chain; Established family restaurant and bar with a 40‑year history and reputation for homemade dishes; Includes living quarters in the rear of the building
    (715) 367-7270
    We can help!
    Listing Contact
    Neil Pluister
    Real Estate License ID: 50686-090
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1520 County Highway F, Minocqua, WI 54548
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!