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Mixed-Use Property With Bar-Restaurant
For Sale
$489,900

705 4th St N, Merrill, WI 54487

Fully operational hospitality property with dining space, commercial kitchen, upstairs residence, and garage area.

Property Size3,136 SF
Days on Market183

Property Features for 705 4th St N

General Information

Standard status Active
Size 3,136 SF
Property subtype Commercial

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $1,925

Amenities

2-bedroom apartment
garage

Building Details

Building Size 3,136 SF
Year Built 1994
Units 1
Listing Agency: Century 21 Best Way Realty
Listed By: Andrea Krueger · License #47594 - 90
Source: Northwoodswi
Added: Feb 9 Changed: Aug 8 Last Checked: Aug 10 at 11:03AM

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 Century 21 Best Way Realty

Investment Insights

Based on property information with market context.

This mixed-use property combines an operating bar and restaurant with an upstairs two-bedroom residence. The commercial space includes a dining area, horseshoe bar, and fully equipped kitchen, supporting the existing food-and-beverage operation. The upper-level apartment provides on-site living space or a potential rental component, as described in the property information.

An additional garage offers flexible space for storage, parking, or workspace. The property was built in 1994 and includes parking for guests and business use. The combination of restaurant improvements, residential space, and garage functionality creates a property with multiple integrated components.

Key Highlights

  • Fully operational bar and restaurant
  • Dining area, horseshoe bar, and fully equipped kitchen
  • Upstairs two‑bedroom residence

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Bakery Kitchen & Bath Showroom Cafe & Coffee Shop Storage Facility

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

486
Businesses Nearby
21k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 75% Home Improvements & Furnishings 25%
Dollar General Shops & Services
5,582 visits/mo 0.1 miles
Merrill Ace Hardware Home Improvements & Furnishings
5,370 visits/mo 0.3 miles
Cenex Shops & Services
2,978 visits/mo 0.2 miles
Marathon Petroleum Shops & Services
2,369 visits/mo 0.4 miles
BMO Harris Bank Shops & Services
2,342 visits/mo 0.2 miles

Demographics for 54487, WI

9,750
Population
7,200
Households
1.4
Avg Household Size
53
Median Age
23%
College-Educated
93%
High-School Grad
290.6 sq mi
ZIP Area
34
Density / Sq Mi
$76,712
Median Household Income
$45,830
Median Earnings
$612
Median Rent
$223,700
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?
Mixed-use property - Fully operational hospitality property with dining space, commercial kitchen, upstairs residence, and garage area.
Where is this mixed-use property located?
The property is located at 705 4th St N Merrill, WI.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Fully operational bar and restaurant; Dining area, horseshoe bar, and fully equipped kitchen; Upstairs two‑bedroom residence
More about this property
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