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Property profile & analytics
OFF-MARKET
Commercial real estate

287 State Hwy Bancroft, WI 54921

9,902 SF 10.3 ac lot Built 2003
Property ID
Property summary
AI-generated overview

This exceptional commercial property in Bancroft, WI, presents a rare opportunity to acquire a thriving, established bar and restaurant on over 10 acres of land. Boasting 9,902 square feet of space, this turnkey operation has enjoyed 20 years of consistent success, generating multiple revenue streams. The full-service kitchen and busy bar are complemented by a robust event booking schedule and thriving recreational leagues (softball, pool, volleyball, horseshoes, and darts), ensuring steady year-round traffic. Its strategic location on State Highway 73, minutes from I-39, and proximity to local snowmobile and ATV/UTV routes further enhances its appeal. A newly constructed 24' x 45' pavilion and event hall are ideal for weddings, graduations, and other large gatherings, with bookings extending into 2025. The business benefits from the nearby Ponderosa Pines Campground (MLS #22405055), providing a constant stream of customers. Adding to its diverse income potential is a two-pump gas station offering three grades of gasoline and diesel fuel. Built from the ground up, this well-maintained property offers significant growth potential and is priced at $925,000. The seller will consider land contracts. This is an unparalleled opportunity for an investor or owner-operator to capitalize on a profitable, community-driven business.

Property profile
Verified
Property type Commercial real estate
Year built 2003
Total area 9,902 SF
Lot 10.3 ac (448,668 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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