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Waterfront Restaurant with Private Pier
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511 Wilmot Avenue, Twin Lakes, WI 53181

Restaurant includes a full kitchen, full bar, lakeside tiki bar, and separate patio seating.

Property Size6,000 SF
Price / SF$1.60
Days on Market525

Property Features for 511 Wilmot Avenue

General Information

Standard status Active
Size 6,000 SF

Additional Details

Patio Yes

Taxes and HOA fees

Annual Taxes $16,292

Amenities

lake-themed decor
tiki bar
private pier
boat-up dining
storage
private rooms
Listing Agency: Compass Wisconsin-Lake Geneva
Listed By: Keefe & Associates Group* · License #5815690
Source: Exprealty
Added: Mar 24, 2025 Changed: Aug 30 Last Checked: Aug 30 at 4:21AM

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 Compass Wisconsin-Lake Geneva

Investment Insights

Based on property information with market context.

This 6,000-square-foot restaurant occupies a waterfront setting on Lake Mary at 511 Wilmot Avenue in Twin Lakes. The layout includes indoor dining for 150, a full kitchen, a full bar, generous storage, and private rooms that can serve as management space or additional dining areas. A separate patio accommodates 75 guests, while a lakeside tiki bar adds another service and gathering area.

The property offers boat-up dining through multiple slips along a private pier, with west-facing views across the lake. Additional parking is available across the street, supporting the restaurant’s indoor, patio, and waterfront components.

Key Highlights

  • 6,000‑square‑foot restaurant on the shores of Lake Mary
  • Indoor dining capacity for 150 guests
  • Separate patio with seating for 75

Property Analytics

Current Use

Wild Child's Tavern ... Restaurant ATM Atm Pier West Restaurant

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Pharmacy Auto Parts Store Parking Lot & Garage

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

229
Businesses Nearby
11k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 72% Dining 28%
Dollar Tree Shops & Services
5,649 visits/mo 0.5 miles
SUBWAY Dining
2,949 visits/mo 0.3 miles
Associated Bank Shops & Services
2,041 visits/mo 0.5 miles

Demographics for 53181, WI

7,696
Population
4,479
Households
1.7
Avg Household Size
43
Median Age
25%
College-Educated
94%
High-School Grad
13.7 sq mi
ZIP Area
562
Density / Sq Mi
$93,922
Median Household Income
$55,146
Median Earnings
$1,051
Median Rent
$270,700
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?
Conventional restaurant - Restaurant includes a full kitchen, full bar, lakeside tiki bar, and separate patio seating.
Where is this conventional restaurant located?
The property is located at 511 Wilmot Avenue Twin Lakes, WI.
What are key features of this property?
This property features: 6,000‑square‑foot restaurant on the shores of Lake Mary; Indoor dining capacity for 150 guests; Separate patio with seating for 75
More about this property
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