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Event Center with Two Restaurants
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23985 State Road 35, Siren, WI 54872

Includes two popular restaurant concepts and a fully equipped event center in a single multi-use property.

Property Size13,500 SF
Lot Size2.30 Acres
Days on Market141

Property Features for 23985 State Road 35

General Information

Standard status Active
Size 13,500 SF
Lot size 2.30 Acres
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: The Terrace Group
Listed By: Eric Dueholm · License #90-53685
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 1:24AM

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 The Terrace Group

Investment Insights

Based on property information with market context.

The property includes two highly popular restaurants, Tesora and The Woodshed, along with a fully equipped event center. The event center has hosted weddings, celebrations, and corporate events over the years, and is described as among the largest in the area. The offering also includes significant personal property.

Located at the intersection of highways 35 and 70 in Siren, Wisconsin, the property is directly across highway 35 from the 40-room Best Western Northwoods Lodge.

The approximate 13,500-square-foot building sits on approximately 2.3 acres, providing a combined footprint for restaurant operations and events in one ownership.

Key Highlights

  • Multi‑use property in Siren, WI with two restaurant concepts: Tesora and The Woodshed
  • Fully equipped event center on‑site, among the largest in the area and used for weddings and corporate events
  • Approx. 13,500 sq ft building on approx. 2.3 acres

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Locksmith

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

226
Businesses Nearby
37k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 96% Hotels & Casinos 3% Dining 1%
Holiday Station Store Shops & Services
14,642 visits/mo 0.2 miles
Dollar General Shops & Services
7,797 visits/mo 0.4 miles
Dollar Tree Shops & Services
4,703 visits/mo 0.4 miles
O'Reilly Auto Parts Shops & Services
3,734 visits/mo 0.3 miles
Circle K Shops & Services
3,600 visits/mo 0.2 miles

Demographics for 54872, WI

2,665
Population
2,056
Households
1.3
Avg Household Size
51
Median Age
18%
College-Educated
94%
High-School Grad
64.2 sq mi
ZIP Area
42
Density / Sq Mi
$51,781
Median Household Income
$35,919
Median Earnings
$735
Median Rent
$210,600
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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes two popular restaurant concepts and a fully equipped event center in a single multi-use property.
Where is this conventional restaurant located?
The property is located at 23985 State Road 35 Siren, WI.
What are key features of this property?
This property features: Multi‑use property in Siren, WI with two restaurant concepts: Tesora and The Woodshed; Fully equipped event center on‑site, among the largest in the area and used for weddings and corporate events; Approx. 13,500 sq ft building on approx. 2.3 acres
(612) 382-5210 Call to check price and availability
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