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Restaurant and Event Center
For Sale
$675,000

5234 Hwy 51, Mercer, WI 54547

Includes bar service and a developed outdoor entertainment area with food-service improvements.

Property Size2,560 SF
Price / SF$263.67
Days on Market51

Property Features for 5234 Hwy 51

General Information

Standard status Active
Size 2,560 SF
Property subtype Business Opportunity

Amenities

Tiki Bar
Outdoor kitchen
Public restrooms
Fire pit
Bandstand
Dance floor
Ice cream parlor
Ice bar
Listing Agency: REDMAN REALTY GROUP, LLC
Listed By: Linda Long Team · License #42304
Source: Dreamnorthre
Added: Jul 10 Changed: Aug 29 Last Checked: Aug 29 at 7:13AM

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 REDMAN REALTY GROUP, LLC

Investment Insights

Based on property information with market context.

Located in downtown Mercer, this restaurant property combines indoor dining and bar operations with an extensive outdoor entertainment setup. The grounds include a Tiki Bar, outdoor kitchen, public restrooms, fire-pit seating, a bandstand, and a dance floor. An on-site ice cream parlor adds another food-service component.

During winter, the Tiki Bar can be enclosed for use as an Ice Bar. The property also provides parking and direct access to snowmobile and ATV trails. Existing features support restaurant operations, outdoor events, private functions, weddings, live music, and a weekly farmers market. The property is located at 5234 Hwy 51 in Mercer, Wisconsin.

Key Highlights

  • Restaurant and bar with established indoor operations
  • Outdoor Tiki Bar, kitchen, restrooms, fire pit, bandstand, and dance floor
  • On‑site Ice Cream parlor adds a separate food‑service component

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Auto Parts Store Storage Facility Furniture & Home Goods Bakery Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

125
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
5,152 visits/mo 0.1 miles
Associated Bank Shops & Services
865 visits/mo 0.2 miles
Napa Auto Parts Shops & Services
417 visits/mo 0.4 miles

Demographics for 54547, WI

1,639
Population
1,885
Households
0.9
Avg Household Size
61
Median Age
30%
College-Educated
93%
High-School Grad
215.7 sq mi
ZIP Area
8
Density / Sq Mi
$60,795
Median Household Income
$29,050
Median Earnings
$525
Median Rent
$278,500
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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes bar service and a developed outdoor entertainment area with food-service improvements.
Where is this conventional restaurant located?
The property is located at 5234 Hwy 51 Mercer, WI.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Restaurant and bar with established indoor operations; Outdoor Tiki Bar, kitchen, restrooms, fire pit, bandstand, and dance floor; On‑site Ice Cream parlor adds a separate food‑service component
More about this property
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