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Waterfront Restaurant and Event Venue
For Sale
$750,000

214857 County Road Y, Hatley, WI 54440

Dining, bar, banquet, and kitchen spaces support restaurant and event operations.

Property Size10,550 SF
Lot Size2.16 Acres
Price / SF$71.09
Days on Market34

Property Features for 214857 County Road Y

General Information

Standard status Active
Size 10,550 SF
Lot size 2.16 Acres
Property subtype Commercial

Financials

Asking Price $750,000
Business Included Yes

Additional Details

Equipment Included Yes
Currently Operating Yes

Building Details

Building Size 10,550 SF
Listing Agency: Coldwell Banker Action
Listed By: Paul Knoblock · License #5622690
Source: Freedom-choice
Added: Sep 24 Changed: Oct 26 Last Checked: Oct 26 at 3:56AM

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 Coldwell Banker Action

Rey
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Investment Insights

Based on property information with market context.

This 10,550-square-foot restaurant and event property at Pike Lake includes a dining room, a main bar, and a ballroom with a stage and second bar. The main bar area and restrooms have been remodeled. A commercial kitchen is equipped with three Broasters, an Ansul system, and walk-in cooler and freezer. The offering includes the business infrastructure and covers two tax parcels totaling 2.16 acres.

The property has 190 feet of frontage on Pike Lake, along with a private boat landing and a new dock open to the public. Blacktop parking accommodates vehicles and large trailers. The address is 214857 County Road Y in Hatley, Wisconsin.

Key Highlights

  • 10,550‑square‑foot restaurant and event property
  • Two tax parcels totaling 2.16 acres
  • 190 feet of Pike Lake frontage

Property Analytics

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Current Use

Lisa's at Lakeside Take-out & Catering

Suggested Use

Top Pick Computer & Electronic Repair Restaurant Bar & Pub

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby
Well-served
Demand for This Use

Demographics for 54440, WI

2,992
Population
1,270
Households
2.4
Avg Household Size
45
Median Age
16%
College-Educated
89%
High-School Grad
82.6 sq mi
ZIP Area
36
Density / Sq Mi
$84,417
Median Household Income
$45,684
Median Earnings
$844
Median Rent
$201,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Dining, bar, banquet, and kitchen spaces support restaurant and event operations.
Where is this conventional restaurant located?
The property is located at 214857 County Road Y Hatley, WI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 10,550‑square‑foot restaurant and event property; Two tax parcels totaling 2.16 acres; 190 feet of Pike Lake frontage
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