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Tavern with Kitchen and Outdoor Court
For Sale
$225,000

460-468 MAX RD, Pelican Lake, WI 54463

COMMERCIAL - Pelican Lake, WI

Property SizeContact for details
Lot Size2.55 Acres
Days on Market127

Property Features for 460-468 MAX RD

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Half bathrooms 2
Rooms Bathroom 2, Bathroom 1
Lot features Level, Open Space
Directions From Hwy 45 North in Pelican Lake, East on CTH B to property on left.
Standard status Active
Lot size 2.55 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description NE,NE, Sect 23, T35N, R11E
Tax Annual Amount 1336
Legal Description NE,NE, Sect 23, T35N, R11E

Utilities

Cooling system Central Air
Water source Well

Amenities

volleyball court

Building Details

Floors in Building 2
Roof type Metal, Rubber
Listing Agency: ABSOLUTE REALTORS INC.
Listed By: LISA KUENZLI · License #4973194
Added: Apr 1 Changed: Aug 4 Last Checked: Aug 5 at 8:06PM
MLS# 216339

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 tavern features a kitchen area and hosts warm- and cold-weather sports year-round. The property includes a volleyball court with an outside speaker system for summer use, and winter sports programming that includes pool and dart leagues. The building has an updated roof and new air conditioning, plus plenty of space for a convenience store or a small restaurant. Upstairs living quarters are included, and the property also offers two bathrooms.

The property is located at 460-468 Max Rd in Pelican Lake, Wisconsin. The tax parcel/GIS map reflects a 2.55-acre lot size for both portions of the property, with the parcel intended to be divided upon sale of the bar only. Water service is provided by a well.

Roof materials include rubber and metal, and the home’s cooling is provided by central air.

Key Highlights

  • 2.55‑acre lot size for both portions; parcel intended to be divided with sale of the bar only
  • Updated roof plus rubber and metal roofing
  • New air conditioning and central air

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick 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

7
Businesses Nearby
Well-served
Demand for This Use

Demographics for 54463, WI

714
Population
1,057
Households
0.7
Avg Household Size
60
Median Age
21%
College-Educated
95%
High-School Grad
91.4 sq mi
ZIP Area
8
Density / Sq Mi
$56,765
Median Household Income
$45,833
Median Earnings
$807
Median Rent
$231,500
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
Rey
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Similar Off Market Nearby

  • Jennings Bar/Home of the Rock and Dick 468 Max Rd, Pelican Lake, WI 54463

Frequently Asked Questions

What type of property is this?
Bar & Pub - Tavern with kitchen area, central air, and an on-site volleyball court with summer speaker system, on well water.
Where is this bar & pub located?
The property is located at 460-468 MAX RD Pelican Lake, WI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 2.55‑acre lot size for both portions; parcel intended to be divided with sale of the bar only; Updated roof plus rubber and metal roofing; New air conditioning and central air
More about this property
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