Historic Log Restaurant &
For Sale
$279,900
1391N HWY 182, Sherman, WI 54552
COMMERCIAL - Sherman, WI
Property SizeContact for details
Lot Size2.10 Acres
Days on Market49
Property Features for 1391N HWY 182
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Driveway
Security features
Security
Lot features
Level, Open Space
Directions
From Mercer - HWY 51 south 3.5 miles to RIGHT on HWY 47. Go 3.8 miles to RIGHT on HWY 182. Go 10.6 miles to 1391N at corner of Flowage Rd & HWY 182.
Standard status
Active
APN
0571-0000
Lot size
2.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Part of SW SW North of Hwy 182 & Part of SE SE & Part of NE SE in Sec 18 T41N, R3E
Tax Annual Amount
3677
Legal Description
Part of SW SW North of Hwy 182 & Part of SE SE & Part of NE SE in Sec 18 T41N, R3E
Utilities
Heating system
Hot Water(Heating), Propane (Heating)
Cooling system
Window Unit(s)
Water source
Well
Building Details
Year built
1936
Floors in Building
1
Flooring type
Carpet, Wood
Building materials
Frame, Log, LogSiding
Roof type
Shingle, Composition
Additional Structures
Outbuilding
Listing Agency:
RE/MAX ACTION NORTHWOODS REALTY, LLC · RE/MAX International
(715) 476-2323
Listed By:
KATHY TUTT · License #38780 - 90
(715) 776-3555
Added: Jun 18
Changed: Aug 4
Last Checked: Aug 5 at 12:06PM
MLS# 217934
Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This historic log restaurant and bar, established in 1936, offers a warm, rustic interior with a cathedral ceiling and impressive wood beams, plus a stone fireplace in the dining room. The bar features a horseshoe layout and two game rooms, and the property includes access to a spacious beer garden for gatherings. The dining room is described as seating approximately 45 guests.
The business is positioned on a corner of highly traveled Hwy 182 and Flowage Rd, serving as a gateway to the Turtle-Flambeau Flowage and nearby boat landing facilities. The property is also noted as being along two snowmobile trails, supporting year-round visitor appeal. Two large garages are included for storage, equipment storage, and parking.
The commercial kitchen is fully equipped and includes an Ansul fire suppression system, two deep fryers, a 6-burner stove with double oven and griddle, chicken broaster, stainless steel shelving, two refrigerated prep tables, dishwasher, sinks and handwashing station, refrigerators, and multiple freezers. The property also includes an unfinished 3-bedroom cabin and a 1-bedroom cabin, each with full-length covered porches, providing additional lodging or guest accommodations for operators.
The business is positioned on a corner of highly traveled Hwy 182 and Flowage Rd, serving as a gateway to the Turtle-Flambeau Flowage and nearby boat landing facilities. The property is also noted as being along two snowmobile trails, supporting year-round visitor appeal. Two large garages are included for storage, equipment storage, and parking.
The commercial kitchen is fully equipped and includes an Ansul fire suppression system, two deep fryers, a 6-burner stove with double oven and griddle, chicken broaster, stainless steel shelving, two refrigerated prep tables, dishwasher, sinks and handwashing station, refrigerators, and multiple freezers. The property also includes an unfinished 3-bedroom cabin and a 1-bedroom cabin, each with full-length covered porches, providing additional lodging or guest accommodations for operators.
Key Highlights
- Historic log restaurant & bar established in 1936 with wood interior and cathedral ceiling with wood beams
- Dining room seats approximately 45 guests and includes a stone fireplace
- Fully equipped commercial kitchen with Ansul fire suppression system, two deep fryers, 6‑burner stove with double oven and griddle, and multiple refrigeration/freezers
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Commercial hood
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54552, WI
4,381
Population
3,602
Households
1.2
Avg Household Size
54
Median Age
15%
College-Educated
93%
High-School Grad
360.3 sq mi
ZIP Area
12
Density / Sq Mi
$58,389
Median Household Income
$42,773
Median Earnings
$882
Median Rent
$127,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Historic Northwoods log restaurant and bar with beer garden, fully equipped kitchen, and additional cabin lodging options.
Where is this conventional restaurant located?
The property is located at 1391N HWY 182 Sherman, WI.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Historic log restaurant & bar established in 1936 with wood interior and cathedral ceiling with wood beams; Dining room seats approximately 45 guests and includes a stone fireplace; Fully equipped commercial kitchen with Ansul fire suppression system, two deep fryers, 6‑burner stove with double oven and griddle, and multiple refrigeration/freezers
