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12-Room Mixed-Use Hospitality Property
New
For Sale
$599,900

720 Hwy 102, Rib Lake, WI 54470

The property combines lodging, dining, and banquet facilities with on-site living quarters.

Property Size10,000 SF
Price / SF$59.99
Days on Market3

Property Features for 720 Hwy 102

General Information

Standard status Active
Size 10,000 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Restaurant

Seating Capacity 300
Equipment Included Yes

Additional Details

Business Included Yes

Amenities

lakefront
adjacent to baseball diamond
adjacent to park
walking distance to town
ATV trail access
snowmobile trail access
boating access
living quarters on site
Listing Agency: REDMAN REALTY GROUP, LLC
Listed By: Guy Polacek · License #42584
Source: Dreamnorthre
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 13 at 2:16AM

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.

This 10,000-square-foot mixed-use property brings together a bar and restaurant, motel, and banquet hall. The facility includes 2 bars, 2 kitchens, dining areas with seating for up to 300 guests, 12 motel rooms, storage, and living quarters. The building is described as well maintained, with PTACs, HVAC, and other equipment reported as nearly new; many upgrades were completed less than 5 years ago.

The property sits on the north shore of Rib Lake along Hwy 102, with views over the water. It is adjacent to a park and baseball diamond, within walking distance of town, and directly on ATV and snowmobile trails. Boating access is available from the lake.

Key Highlights

  • 10,000‑square‑foot mixed‑use property with bar, restaurant, motel, and banquet hall
  • 12 motel rooms and on‑site living quarters
  • 2 bars, 2 kitchens, and dining areas seating up to 300 guests

Property Analytics

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Current Use

Motels

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Auto Repair Shop Furniture & Home Goods Hair Salon Building Supply

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
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby
1k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 100%
Rib Lake True Value Home Improvements & Furnishings
1,163 visits/mo 0.4 miles

Demographics for 54470, WI

2,022
Population
1,110
Households
1.8
Avg Household Size
45
Median Age
18%
College-Educated
91%
High-School Grad
105.5 sq mi
ZIP Area
19
Density / Sq Mi
$59,430
Median Household Income
$39,330
Median Earnings
$697
Median Rent
$160,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines lodging, dining, and banquet facilities with on-site living quarters.
Where is this mixed-use property located?
The property is located at 720 Hwy 102 Rib Lake, WI.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 10,000‑square‑foot mixed‑use property with bar, restaurant, motel, and banquet hall; 12 motel rooms and on‑site living quarters; 2 bars, 2 kitchens, and dining areas seating up to 300 guests
More about this property
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