Mixed-Use Property with
New
For Sale
$599,900
720 HWY 102, Rib Lake, WI 54470
CommercialSale, Rib Lake, WI
Property SizeContact for details
Lot Size2.25 Acres
Days on Market6
Property Features for 720 HWY 102
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
12
Rooms
Bedroom 2, Bedroom 1, Bedroom 11, Bedroom 9, Bedroom 5, Bedroom 4, Bedroom 7, Bedroom 8, Bedroom 6, Bedroom 12, Bedroom 3, Bedroom 10
Parking features
Special Needs
Exterior features
HandicapAccessible
Accessibility
Accessible Approach with Ramp
Directions
1/4 mile east of Main St., Rib Lake
Standard status
Active
APN
176-00482-0001
Lot size
2.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PT OF GOVT LOT 2 RIB LAKE PCL 1 OF CSM 3-S/68 #680 & PCL LYG NLY OF A LN 50' NLY OF & = TO C/L OF HWY 102
Tax Annual Amount
9000
Legal Description
PT OF GOVT LOT 2 RIB LAKE PCL 1 OF CSM 3-S/68 #680 & PCL LYG NLY OF A LN 50' NLY OF & = TO C/L OF HWY 102
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Window Unit(s), Central Air
Water source
Public
Building Details
Floors in Building
2
Number of units
14
Flooring type
Carpet, Vinyl, Laminate, Concrete
Building materials
Brick, Frame, Masonry, WoodSiding
Roof type
Composition, Shingle
Listing Agency:
REDMAN REALTY GROUP, LLC
(715) 358-0450
Listed By:
GUY POLACEK · License #42584
(561) 758-6769
Added: Oct 9
Last Checked: Oct 14 at 1:06AM
MLS# 219993
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 2.25-acre hospitality property combines a bar and restaurant, motel, and banquet hall. The operation includes two bars, two kitchens, dining areas with seating for up to 300 guests, 12 motel rooms, and on-site living quarters. Equipment and building systems include PTAC units and HVAC, with many upgrades completed within the past five years.
The property fronts Hwy 102 along Rib Lake’s north shore, with boating access from the lake. It also sits on ATV and snowmobile trails, next to a park and baseball diamond, and within walking distance of town. Public water and sewer serve the property.
The property fronts Hwy 102 along Rib Lake’s north shore, with boating access from the lake. It also sits on ATV and snowmobile trails, next to a park and baseball diamond, and within walking distance of town. Public water and sewer serve the property.
Key Highlights
- 12 motel rooms, bar and restaurant, banquet hall, and on‑site living quarters
- Two bars, two kitchens, and dining capacity for up to 300 guests
- 2.25‑acre property on Hwy 102 along the north shore of Rib Lake
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 85%
Home Improvements & Furnishings 15%
Cenex
Shops & Services
3,907 visits/mo
0.4 miles
Dollar General
Shops & Services
2,706 visits/mo
0.4 miles
Rib Lake True Value
Home Improvements & Furnishings
1,163 visits/mo
0.2 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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A lodging, dining, and event venue with on-site living quarters and lake access.
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: 12 motel rooms, bar and restaurant, banquet hall, and on‑site living quarters; Two bars, two kitchens, and dining capacity for up to 300 guests; 2.25‑acre property on Hwy 102 along the north shore of Rib Lake
