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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

W7944 Perkinstown Ave Medford, WI 54451

2,332 SF 0.9 ac lot
Property ID
Property summary
AI-generated overview

This exceptional full-service restaurant, the Turtle Club, is situated on a 0.9-acre lot overlooking Mud/Martin Lake in Medford, Wisconsin. Boasting 2,332 square feet, this single-story building features a welcoming atmosphere with a stone fireplace, vaulted ceilings, and cedar accents. The fully equipped kitchen includes generous walk-in refrigeration. The dining area comfortably seats patrons at booths and tables, with additional seating at the bar and outdoor patio, all offering stunning lake views. The property has a capacity of 100 guests and 30 parking spaces. Priced at $269,900 ($115.74/sq ft), this turnkey operation is $54,000 below assessed value. The Turtle Club enjoys a loyal customer base and strong reputation, making it a popular destination for locals and tourists, particularly during the summer months. The property is zoned G2-Commercial and includes an additional 1.18 acres of land. This is a rare opportunity to own a thriving waterfront business and become part of Wisconsin's rich supper club tradition. The sale includes all necessary equipment and fixtures for immediate operation.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,332 SF
Lot 0.9 ac (39,204 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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