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    34002 State Road 35 Danbury, WI 54830

    For Sale
    $175,000

    Established Tavern, Turnkey Operation

    Property size:
    2,184 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional opportunity presents the chance to acquire the McGraw Lake Tavern, a well-established Wisconsin landmark operating for over 60 years. Located at 34002 State Road 35 in Danbury, Burnett County, Wisconsin (zip code 54830), this thriving hospitality business sits on a one-acre lot (2,184 square feet) and enjoys a prime location between Danbury and Superior, attracting significant traffic from hunting and trail enthusiasts. The tavern is completely turnkey, requiring no additional investment to begin operations. Recent updates include a new septic system, modern kitchen appliances, upgraded electrical systems, updated furniture, and a new heating and cooling system. This is a rare chance to own a profitable, established business in a desirable location, ready for immediate operation. The property is zoned commercial and offers a unique blend of history and potential for continued success. The asking price is $175,000. This is a truly remarkable opportunity to own a piece of Wisconsin history and a thriving business. The property's latitude and longitude coordinates are 46.1432992, -92.2383603 respectively.

    Property Features for 34002 State Road 35

    General Information

    Property type
    Land
    Square Feet
    2,184 SF
    Lot Size
    43,560 SF

    HighLights

    • $175,000 asking price.
    • Hospitality and land property totaling 2,184 square feet on a 1‑acre lot.
    • Located at 34002 State Road 35, Danbury, WI 54830.
    • Established tavern in Burnett County, Wisconsin, serving the Northwoods hunting and trail community.
    • Recently updated with new septic, kitchen appliances, electrical, furniture, and HVAC systems.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Danbury
    County
    Burnett
    State
    Wisconsin
    Longitude
    -92.2383603
    Latitude
    46.1432992

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    FAQs

    What type of property is this?
    Land - Established Tavern, Turnkey Operation
    Where is this land located?
    The property is located at 34002 State Road 35 Danbury, WI.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: $175,000 asking price.; Hospitality and land property totaling 2,184 square feet on a 1-acre lot.; Located at 34002 State Road 35, Danbury, WI 54830.
    Request Owner's contact information
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    Danbury, WI 54830
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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
    34002 State Road 35 Danbury, WI 54830
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