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Historic Restaurant and Bar Property
For Sale
Contact for pricing
Pending

419 N Railroad St, Eagle River, WI 54521

Historic restaurant and bar with indoor seating, expanded deck/outdoor areas, and riverfront boat slips.

Property SizeContact for details
Days on Market142

Property Features for 419 N Railroad St

General Information

Standard status Pending
Property subtype Retail

Additional Details

Business Included Yes
Traffic Count 14,000 vehicles/day

Amenities

deck
outside seating areas
boat slips
stone fireplace
log walls
walk-in refrigerator
walk-in freezer

Building Details

Year Built 1884
Listing Agency: Re/Max Property Pros
Listed By: Julie Winter-Paez · License #WI 79071
Source: Crexi
Added: Apr 11 Changed: Aug 21 Last Checked: Aug 29 at 8:25AM

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 Property Pros

Investment Insights

Based on property information with market context.

Built in 1884, The White Spruce Inn is Eagle River’s oldest building and has operated as a restaurant and bar since the 1940s. The property offers indoor seating for 140 that increases to 232 when the deck and outdoor seating areas are open for summer. Twelve boat slips are available along approximately 340 feet of river frontage.

The kitchen has been almost completely updated within the last 2–4 years and includes A/C for the kitchen staff, an Ansul fire suppression system, and a large walk-in refrigerator and walk-in freezer. Dining and bar spaces feature log walls and ceilings and a stone fireplace in the restaurant seating areas.

Additional amenities include decks and updated kitchen and baths that connect the original character to current operations. The property is described as having an approximate traffic count of 14,000 cars per day, with easy access to snowmobile and ATV trails.

Key Highlights

  • Historic White Spruce Inn built in 1884; oldest building in Eagle River
  • Restaurant/bar has indoor seating for 140, expanding to 232 with the deck and outdoor seating areas
  • 12 boat slips along 340' of river frontage, designed for Eagle River Chain customers

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Garden Center Bakery Electrical Service Computer & Electronic Repair Barber Shop Plumbing Service

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

14,000 VPD
Traffic count
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

614
Businesses Nearby
61k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 56% Dining 41% Electronics 2% Hotels & Casinos 1%
Kwik Trip Shops & Services
30,912 visits/mo 0.2 miles
McDonald's Dining
14,852 visits/mo 0.4 miles
Taco Bell Dining
7,626 visits/mo 0.4 miles
SUBWAY Dining
2,328 visits/mo 0.4 miles
BMO Harris Bank Shops & Services
1,784 visits/mo 0.5 miles

Demographics for 54521, WI

8,317
Population
7,687
Households
1.1
Avg Household Size
54
Median Age
29%
College-Educated
96%
High-School Grad
188.4 sq mi
ZIP Area
44
Density / Sq Mi
$72,619
Median Household Income
$40,006
Median Earnings
$913
Median Rent
$275,900
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
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Similar Off Market Nearby

  • Mary Kate's Wine Bar 205 E Wall St, Eagle River, WI 54521
  • Smugglers 123 S Railroad St, Eagle River, WI 54521
  • The Craftsman American Tavern 118 S Main St, Eagle River, WI 54521
  • The Tiny Tap 127 S Railroad St, Eagle River, WI 54521
  • Andy's Pontoon Saloon 220 E Wall St, Eagle River, WI 54521

Frequently Asked Questions

What type of property is this?
Bar & Pub - Historic restaurant and bar with indoor seating, expanded deck/outdoor areas, and riverfront boat slips.
Where is this bar & pub located?
The property is located at 419 N Railroad St Eagle River, WI.
What are key features of this property?
This property features: Historic White Spruce Inn built in 1884; oldest building in Eagle River; Restaurant/bar has indoor seating for 140, expanding to 232 with the deck and outdoor seating areas; 12 boat slips along 340' of river frontage, designed for Eagle River Chain customers
(715) 891-1236 Call to check price and availability
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