Turnkey Pizza Restaurant with
225 US Highway 8 Turtle Lake, WI 54889
225 US Highway 8, Turtle Lake, WI, 54889
$495,000
For Sale
Under Contract
$495,000
COMMERCIAL - Turtle Lake, WI
Property Size1,738 SF
Lot Size0.29 Acres
Price / SF$284.81
Days on Market106
Property Features for 225 US Highway 8
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Exterior features
- Lighting
- Standard status
- Active Under Contract
- APN
- 186802343000
- Size
- 1,738 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3193
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Ductless
- Water source
- Public
Building Details
- Year built
- 1940
- Building materials
- Stone
Listing Agency
Dane Arthur Real Estate Agency/Turtle Lake
(715) 986-4141
PO Box 151, Turtle Lake, WI
Listed by
JoDee Peterson-Lochner · License #84129-94
(715) 641-0152
Added: Apr 7 Updated: Jul 20 at 2:53 pm Checked: Jul 21 at 3:06 am
MLS# 1599807
Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. 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.
For sale is a well-established pizza restaurant with an operationally ready, fully equipped commercial kitchen and a comfortable dining area. The sale includes commercial-grade kitchen equipment, prep stations, refrigeration and storage, and a POS system, along with a dedicated manager’s office for overseeing daily operations. Seating is provided for 50 guests, and the space is described as approximately 1,738 square feet and designed for high-volume pizza production.
The business has operated for 18 years under two dedicated owners and is located along a high-traffic vacation corridor, with steady year-round customer flow supported by seasonal tourism. The seller is retiring, creating an opportunity for a new operator to assume an established, consistent setup.
This offering is positioned as a turnkey purchase, including stabilized recipes used by the restaurant for nearly two decades, intended to help maintain consistency while operating from day one.
The business has operated for 18 years under two dedicated owners and is located along a high-traffic vacation corridor, with steady year-round customer flow supported by seasonal tourism. The seller is retiring, creating an opportunity for a new operator to assume an established, consistent setup.
This offering is positioned as a turnkey purchase, including stabilized recipes used by the restaurant for nearly two decades, intended to help maintain consistency while operating from day one.
Key Highlights
- Established, Profitable Pizza Restaurant: Turnkey business with 18 years of successful operation.
- Prime Location: Situated on a high‑traffic vacation corridor in Northwest Wisconsin.
- Fully Equipped: Includes all commercial‑grade kitchen equipment, prep stations, refrigeration, POS system, and dining area (seating for 50).
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.9k | $12.00 |
| − Vacancy | −$542 | −$0.31 |
| EGI | $20.3k | $11.69 |
| − OpEx | −$5.1k | −$2.92 |
| NOI | $15.2k | $8.77 |
1,738 SF · lease $12.00/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Uses
Best Use
Industrial
$1.15M
$1.01M – $1.34M
NOI $80,500 @ 7.0% cap · market cap 16.26%
Second Best
Specialty Retail
$217.6K
$190.4K – $253.9K
NOI $15,235 @ 7.0% cap · market cap 3.08%
Theoretical Best
Warehouse
$1.40M
$1.22M – $1.63M
NOI $97,751 @ 7.0% cap · market cap 19.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - For sale pizza restaurant with a fully equipped commercial kitchen, POS system, and dining seating for 50.
Where is this conventional restaurant located?
The property is located at 225 US Highway 8 Turtle Lake, WI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Established, Profitable Pizza Restaurant: Turnkey business with 18 years of successful operation.; Prime Location: Situated on a high‑traffic vacation corridor in Northwest Wisconsin.; Fully Equipped: Includes all commercial‑grade kitchen equipment, prep stations, refrigeration, POS system, and dining area (seating for 50).
