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Bowling Center with Lounge and Restaurant
For Sale
$1,399,000

8085 Hwy 51, Minocqua, WI 54548

Established bowling center with lounge and restaurant, 12 synthetic lanes, and a sports bar with game room

Property Size15,624 SF
Days on Market741

Property Features for 8085 Hwy 51

General Information

Standard status Active
Size 15,624 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,586

Building Details

Building Size 15,624 SF
Units 1
Listing Agency: Eliason Realty - Land O Lakes
Listed By: Gary Goska · License #9186 - 90
Source: Northwoodswi
Added: Jul 30, 2024 Changed: Aug 8 Last Checked: Aug 9 at 2:01PM

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 Eliason Realty - Land O Lakes

Investment Insights

Based on property information with market context.

Island City Lanes & Lounge is a well-established bowling center that combines bowling with a lounge and restaurant. The facility features 12 synthetic lanes, a sports bar area designed for watching games, and a game room for kids. It also supports 8 bowling leagues, reflecting consistent local activity.

The property is located on Hwy 51 and benefits from a steady seasonal tourist traffic flow. On-site amenities include a large parking lot and a 16 x 24 storage garage.

Operational infrastructure includes fiber optic internet, city sewer & water, and natural gas, supporting day-to-day business needs for both the bowling and food-and-beverage components.

Key Highlights

  • 12 synthetic lanes
  • Sports bar area for watching big games and car races
  • Game room for kids

Property Analytics

Current Use

Bowling alleys

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Locksmith Furniture & Home Goods Carpet & Flooring Store Nail Salon

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

36
Businesses Nearby

Demographics for 54548, WI

5,406
Population
5,096
Households
1.1
Avg Household Size
56
Median Age
36%
College-Educated
96%
High-School Grad
99.0 sq mi
ZIP Area
55
Density / Sq Mi
$69,784
Median Household Income
$42,378
Median Earnings
$935
Median Rent
$307,700
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?
Bowling alley - Established bowling center with lounge and restaurant, 12 synthetic lanes, and a sports bar with game room
Where is this bowling alley located?
The property is located at 8085 Hwy 51 Minocqua, WI.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 12 synthetic lanes; Sports bar area for watching big games and car races; Game room for kids
More about this property
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