4920 State Hwy Rhinelander, WI 54501

Property Details for 4920 State Hwy

Year built

1960

Lot size

1.47 lot acres

Property size

3,575 SF

Property type

Commercial real estate

Description

Backwaters Bar & Grill, located at 4920 State Highway 47 in Rhinelander, WI, presents a unique turnkey commercial real estate opportunity. This well-established restaurant boasts 3,575 square feet of space on a 1.47-acre lot with 275 feet of desirable water frontage on the Boom Lake chain, offering prime access to the Wisconsin River and nearby trails. The property includes three parcels and features both indoor and outdoor seating for a total of 120 guests, along with indoor and outdoor bars. A significant advantage is its direct access to the snowmobile trail system, making it a year-round destination for locals, boaters, and snowmobilers alike. The building underwent a remodel in 2014 and includes an accessory building/shed suitable for office space or storage. The sale includes all existing equipment, supplies, and the opportunity for staff carryover and training. High highway traffic counts of 4300 vehicles per day on State Highway 47 further enhance the property's visibility and potential. This established business offers a compelling investment opportunity with significant potential for growth. All data should be independently verified.

Location Insight

City

Rhinelander

County

ONEIDA

State

Wisconsin

Longitude

-89.5123

Latitude

45.7039