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    3480W Hwy Loretta, WI 54896

    For Sale
    $300,000

    Turnkey Restaurant, Hwy 70, WI

    Property size:
    3,393 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This established restaurant, located at 3480W Hwy 70 in Loretta, Wisconsin, presents a unique investment opportunity. The 3,393 square foot building sits on a 1.034-acre lot (APN: 006-439-12-2102) and enjoys a prime location at the crossroads of Hwy G and Hwy 70, providing direct access to popular Tuscobia Snowmobile/ATV trails. The property benefits from high visibility and strong local patronage, attracting both residents and tourists from nearby Lake Winter, the Chippewa Flowage, and surrounding towns. The restaurant features a full bar and two distinct dining areas, including a space ideal for private events. The fully equipped kitchen received new equipment in May 2024, enhancing operational efficiency. Adding to its appeal, the property includes updated 3-bedroom, 1-bathroom living quarters, offering convenient owner accommodations. This turnkey operation is poised for continued success, presenting a compelling opportunity for a new owner to step into an established business with significant potential. The asking price is $300,000. Serious inquiries only.

    Property Features for 3480W Hwy

    General Information

    Property type
    Restaurants
    Square Feet
    3,393 SF
    Lot Size
    45,041 SF

    HighLights

    • Established restaurant in Loretta, WI, on 1.03‑acre lot (APN: 006‑439‑12‑2102).
    • 3,393 SF building at Hwy G & Hwy 70 intersection, near popular snowmobile/ATV trails.
    • High visibility, strong local & tourist traffic from nearby lakes & towns.
    • Features full bar, two dining areas, and private event space.
    • Fully equipped kitchen with new equipment (May 2024).
    • Includes updated 3‑bedroom, 1‑bathroom living quarters.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Loretta
    County
    Sawyer
    State
    Wisconsin
    Longitude
    -90.851843
    Latitude
    45.886112

    Nearby Comparable

    • $290,000
      1.03 Acres

      Loretta Steakhouse on Tuscobia Trail

      Restaurant and bar with updated living quarters near recreation trails.
      3480W Hwy, Loretta, WI 54896
      View Details
    • $69,900
      3.00 Acres

      Recreational Land Near Winter, WI

      3-acre wooded parcel with cabin near lakes and national forest.
      3789W Indian Way Rd, Winter, WI 54896
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    • $49,500
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      Loretta, WI Land Parcel

      7.18 acre parcel near lakes and Tuscobia Trails.
      Uncle Toms Rd, Loretta, WI 54896
      View Details

    Nearby Similar for Sale

    • $290,000
      1.03 Acres

      Loretta Steakhouse on Tuscobia Trail

      Restaurant and bar with updated living quarters near recreation trails.
      3480W Hwy, Loretta, WI 54896
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, Hwy 70, WI
    Where is this restaurant located?
    The property is located at 3480W Hwy Loretta, WI.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Established restaurant in Loretta, WI, on 1.03-acre lot (APN: 006-439-12-2102).; 3,393 SF building at Hwy G & Hwy 70 intersection, near popular snowmobile/ATV trails.; High visibility, strong local & tourist traffic from nearby lakes & towns.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3480W Hwy Loretta, WI 54896
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