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    W7318 Wi-86 Tomahawk, WI 54487

    For Sale
    $350,000

    Turnkey Northwoods Business Opportunity

    Property size:
    6,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional turnkey business opportunity encompasses a well-established bar and restaurant in Tomahawk, Wisconsin, listed at $350,000. The property boasts 6,500 square feet across two buildings on a 1.5-acre lot, featuring 50 parking spaces. Built in 1952 with various renovations throughout the years, the property includes a fully equipped kitchen with a walk-in cooler, freezer, gas stove, fryers, prep table, dishwasher, and an upgraded beer tap system. All tables, chairs, and kitchen equipment are included. A remodeled one-bedroom apartment, ideal for owner occupancy or rental income, is situated on the upper level. The property also includes an adjacent lot with recreational amenities such as volleyball and horseshoe pits, and picnic tables. This lot offers potential for campground development. A detached garage provides additional space, potentially usable for outdoor events. The property is strategically located on State Highway 86 and a snowmobile trail, ensuring high visibility and accessibility. The property's commercial zoning allows for diverse uses. Additional land may be available for purchase to expand the existing facilities or develop a larger campground. The property's mechanicals and electrical systems have been recently upgraded, and a high-end security system is in place. This is a rare opportunity to acquire a thriving business with significant growth potential in a desirable Northwoods location. The APN is 030-3405-014-9991.

    Property Features for W7318 Wi-86

    General Information

    Property type
    Restaurants
    Square Feet
    6,500 SF
    Lot Size
    65,340 SF

    Building Details

    Year Built
    1952
    Buildings
    2
    Stories
    2

    HighLights

    • Turnkey bar and restaurant business for sale in an established Tomahawk, WI location.
    • Recently upgraded mechanicals, electrical systems, and high‑end security system.
    • Includes a remodeled one‑bedroom apartment.
    • Fully equipped kitchen featuring walk‑in cooler, freezer, and upgraded beer tap system.
    • Excellent location on State Highway 86 and a snowmobile trail.
    • Includes adjacent lot with recreational amenities such as volleyball and horseshoe pits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Tomahawk
    County
    Lincoln
    State
    Wisconsin
    Longitude
    -89.7966219
    Latitude
    45.4537091

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Northwoods Business Opportunity
    Where is this restaurant located?
    The property is located at W7318 Wi-86 Tomahawk, WI.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Turnkey bar and restaurant business for sale in an established Tomahawk, WI location.; Recently upgraded mechanicals, electrical systems, and high-end security system.; Includes a remodeled one-bedroom apartment.
    Request Owner's contact information
    W7318 Wi-86 Tomahawk, WI 54487
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    W7318 Wi-86 Tomahawk, WI 54487
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