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Bar and Grill with Upstairs Apartment
For Sale
$489,900

705 4TH ST N, Merrill, WI 54487

COMMERCIAL - Merrill, WI

Property SizeContact for details
Lot Size0.70 Acres
Days on Market191

Property Features for 705 4TH ST N

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 2
Bathrooms 3
Full bathrooms 1
Half bathrooms 2
Rooms Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Parking features Garage, Driveway
Directions North 4th Street in the Center of Tomahawk
Standard status Active
APN 286-3506-271-0196
Lot size 0.70 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description G L PARKS SECOND ADD'N LT 4 BLK 3 *2341
Tax Annual Amount 1925
Legal Description G L PARKS SECOND ADD'N LT 4 BLK 3 *2341

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1994
Floors in Building 2
Number of units 1
Building materials Frame, LogSiding
Roof type Metal
Listing Agency: CENTURY 21 BEST WAY REALTY · Century 21 Real Estate
Listed By: ANDREA KRUEGER · License #47594 - 90
Added: Feb 9 Changed: Aug 19 Last Checked: Aug 19 at 1:06PM
MLS# 215747

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 bar and grill property includes a dining room, horseshoe-style bar, and a fully equipped kitchen. The operation is supported by central air conditioning and forced-air heat, with a metal roof and frame construction dating to 1994. An upstairs two-bedroom residence adds on-site living space or a potential rental component, while the garage provides additional room for storage, parking, or workspace.

The property encompasses 0.7 acres and includes driveway parking along with a garage. Public sewer serves the site. Existing bathrooms, commercial food-service improvements, and the separate upstairs living area create a functional combination of hospitality and residential space.

Key Highlights

  • Fully operational bar and grill with dining area, horseshoe bar, and equipped kitchen
  • Upstairs 2‑bedroom residence
  • 0.7‑acre property with driveway parking and garage

Property Analytics

Current Use

Bars & Pubs

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
Well-served
Demand for This Use

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
Questions? Ask Rey
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Similar Off Market Nearby

  • Tomahawk Sports Bar & Grill 28 N Tomahawk Ave, Tomahawk, WI 54487
  • Northwoods Pub 212 W Wisconsin Ave, Tomahawk, WI 54487
  • Shorthorns Bar & Grill 127 W Wisconsin Ave, Tomahawk, WI 54487
  • Gin Mill 215 W Wisconsin Ave, Tomahawk, WI 54487
  • Sideways Wine & Craft Beer 124 W Wisconsin Ave, Tomahawk, WI 54487

Frequently Asked Questions

What type of property is this?
Bar & Pub - Operational bar and grill with a dining area, horseshoe bar, equipped kitchen, and upstairs living space.
Where is this bar & pub 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 grill with dining area, horseshoe bar, and equipped kitchen; Upstairs 2‑bedroom residence; 0.7‑acre property with driveway parking and garage
More about this property
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