Restaurant Business with
New
For Sale
$135,000
400 S Pelham St, Rhinelander, WI 54501
The operating restaurant occupies a leased downtown space and includes equipment for continued food-service operations.
Property Size2,000 SF
Price / SF$67.50
Days on Market5
Property Features for 400 S Pelham St
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Equipment Included
Yes
Currently Operating
Yes
Building Details
Building Size
2,000 SF
Stories
1
Listing Agency:
Norwisrealty. Com LLC
(715) 282-7130
Listed By:
Scott Freimuth · License #49270 - 90
(715) 490-0999
Source:
Integrityrealtorsllc
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 26 at 4:07AM
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 Norwisrealty. Com LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The offering is the restaurant business only; the building is not included. Operations include take-and-bake pizza, hot carryout and dine-in service, along with sandwiches, soups, salads, paninis, starters, party snacks and cheese curds. Equipment needed for restaurant operations is part of the sale.
The business operates from a leased space of approximately 2,000 square feet at 400 S Pelham St in downtown Rhinelander. The property housing the restaurant is available for separate purchase.
The business operates from a leased space of approximately 2,000 square feet at 400 S Pelham St in downtown Rhinelander. The property housing the restaurant is available for separate purchase.
Key Highlights
- Sale includes the restaurant business, not the building
- Restaurant equipment is included
- Approximately 2,000‑square‑foot leased location
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
665
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 77%
Shops & Services 11%
Apparel 7%
Home Improvements & Furnishings 5%
McDonald's
Dining
19,139 visits/mo
0.4 miles
BMO Harris Bank
Shops & Services
2,826 visits/mo
0.4 miles
Tilly's
Apparel
1,843 visits/mo
0.4 miles
Carpetiers Carpet One Floor and Home
Home Improvements & Furnishings
1,172 visits/mo
0.4 miles
SUBWAY
Dining
764 visits/mo
0.4 miles
Demographics for 54501, WI
20,591
Population
12,754
Households
1.6
Avg Household Size
48
Median Age
26%
College-Educated
96%
High-School Grad
366.3 sq mi
ZIP Area
56
Density / Sq Mi
$68,602
Median Household Income
$37,578
Median Earnings
$831
Median Rent
$194,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The operating restaurant occupies a leased downtown space and includes equipment for continued food-service operations.
Where is this conventional restaurant located?
The property is located at 400 S Pelham St Rhinelander, WI.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Sale includes the restaurant business, not the building; Restaurant equipment is included; Approximately 2,000‑square‑foot leased location
