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Lakeview Restaurant with Living Quarters
For Sale
$699,900

86985 Lenawee Rd, Herbster, WI 54844

Restaurant property on a corner lot with wrap-around deck, attached living quarters, and a full basement with walk-out finished space.

Property Size4,356 SF
Days on Market51

Property Features for 86985 Lenawee Rd

General Information

Standard status Active
Size 4,356 SF
Property subtype Business

Taxes and HOA fees

Annual Taxes $3,835

Building Details

Building Size 4,356 SF
Year Built 1950
Listing Agency: Anthony Jennings & Crew Real Estate LLC
Listed By: Anthony I Jennings · License #4468390
Source: Visionsfirstrealty
Added: Jul 20 Changed: Sep 4 Last Checked: Sep 7 at 4:35AM

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 Anthony Jennings & Crew Real Estate LLC

Investment Insights

Based on property information with market context.

This restaurant property features a newly renovated bar/dining area along with a separate dining room, kitchen, and a spacious prep area. Additional interior space includes a full basement with a walk-out finished room and patio. The property is situated on a corner lot with a wrap-around deck and offers attached living quarters, a three-car garage, and a shed.

The building is positioned above the Cranberry River and includes Lake Superior views. A Lake Superior park and beach are noted as being down the street, drawing visitors for swimming, rock collecting, and scenic recreation.

A completed addition in 2024 included new gutters, mini-splits, refrigeration, a furnace, electrical wiring, and flooring.

Key Highlights

  • Restaurant property on a corner lot with wrap‑around deck
  • Attached living quarters plus a 3‑car garage and shed
  • Newly renovated bar/dining area with separate dining room, kitchen, and spacious prep area

Property Analytics

Current Use

The Cranberry over Superior Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Real Estate Agency Travel Agency Discount Store Restaurant Department Store

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

29
Businesses Nearby
Well-served
Demand for This Use

Demographics for 54844, WI

337
Population
489
Households
0.7
Avg Household Size
63
Median Age
37%
College-Educated
98%
High-School Grad
65.6 sq mi
ZIP Area
5
Density / Sq Mi
$65,625
Median Household Income
$28,333
Median Earnings
$1,354
Median Rent
$246,700
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property on a corner lot with wrap-around deck, attached living quarters, and a full basement with walk-out finished space.
Where is this conventional restaurant located?
The property is located at 86985 Lenawee Rd Herbster, WI.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Restaurant property on a corner lot with wrap‑around deck; Attached living quarters plus a 3‑car garage and shed; Newly renovated bar/dining area with separate dining room, kitchen, and spacious prep area
More about this property
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