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Turnkey Restaurant with Patio
For Sale
$899,000

904 RAILROAD ST N, Eagle River, WI 54521

COMMERCIAL - Eagle River, WI

Property SizeContact for details
Lot Size0.63 Acres
Days on Market158

Property Features for 904 RAILROAD ST N

General Information

Property type Commercial Sale
Property subtype Other
Parking features Driveway
Directions Hwy 45 North to #904 on the Left
Standard status Active
APN 221-1019-26,221-1019-25
Lot size 0.63 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 2 11CS177 PRT NW NW, LOT 1 11CS177 PRT NW NW
Tax Annual Amount 5673
Legal Description LOT 2 11CS177 PRT NW NW, LOT 1 11CS177 PRT NW NW

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Building materials Frame
Listing Agency: RE/MAX PROPERTY PROS · RE/MAX International
Listed By: THE MERZ AND GOLDSWORTHY TEAM · License #56837 - 94
Added: Feb 27 Changed: Jul 9 Last Checked: Aug 4 at 10:06AM
MLS# 215895

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 turnkey restaurant opportunity is fully operational and presented as a ready-to-run dining business. The interior includes a comfortable dining area and seating for 100-plus patrons, along with counter service. The property also features outdoor patio seating and a fully equipped kitchen with ample workspace and storage.

The restaurant is located on Railroad St N in Eagle River, WI, in a high-visibility area with ample parking. The property also has access tied to snowmobile and ATV/UTV trails, supporting year-round recreational access.

Set on a 0.63-acre lot, the offering includes the restaurant’s existing buildout and operations, including indoor dining, patio seating, and kitchen equipment.

Key Highlights

  • Fully equipped, fully operational restaurant with interior dining area seating for 100+ patrons
  • Outdoor patio seating plus counter service
  • Kitchen includes ample workspace and storage

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Plumbing Service Storage Facility Garden Center Furniture & Home Goods Grocery & Convenience Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby
Well-served
Demand for This Use

Demographics for 54521, WI

8,317
Population
7,687
Households
1.1
Avg Household Size
54
Median Age
29%
College-Educated
96%
High-School Grad
188.4 sq mi
ZIP Area
44
Density / Sq Mi
$72,619
Median Household Income
$40,006
Median Earnings
$913
Median Rent
$275,900
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully operational restaurant with indoor seating for 100-plus patrons, outdoor patio seating, counter service, and an equipped kitchen.
Where is this conventional restaurant located?
The property is located at 904 RAILROAD ST N Eagle River, WI.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Fully equipped, fully operational restaurant with interior dining area seating for 100+ patrons; Outdoor patio seating plus counter service; Kitchen includes ample workspace and storage
More about this property
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