W4186 County Highway F Springbrook, WI 54875
This exceptional 3,924 square foot commercial property presents a unique opportunity on the shores of Gull Lake in Springbrook, Wisconsin. Situated on a 7-acre lot with direct access to County Highway F, this well-established bar and grill boasts stunning lake views and a private boat landing complete with a substantial floating dock system. The interior features recently updated bathrooms, high-top tables, an expansive bar overlooking the lake, gambling machines, and a pool table. The property's prime location offers easy access to UTV/ATV and snowmobile trails, further enhanced by an on-site gas tank catering to recreational enthusiasts. The business benefits from an annual, highly successful ice fishing contest, attracting significant customer traffic. Above the bar, a full three-bedroom, two-bathroom residence provides comfortable living quarters, including a full kitchen, living room, and a deck with breathtaking lake views. Gull Lake itself is a 511-acre recreational lake with two public boat landings, ideal for boating and fishing. This turnkey operation offers the potential for continued success as a thriving business or a private retreat, combining commercial and residential spaces in a picturesque setting. The asking price is $799,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
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Property description
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