N8905 Hwy Pickerel, WI 54465
This exceptional Northwoods Wisconsin commercial property, located at N8905 Highway 55, Pickerel, WI, presents a unique blend of business and residential opportunities. The 4,895 square foot complex sits on a 2.18-acre lot and includes a well-established restaurant with a state-of-the-art commercial kitchen and horseshoe bar, a convenience store, and a shell gas station. A significant advantage is the existing loyal customer base. The property also features a private 2-bedroom, 1-bathroom residence, providing convenient on-site living. A large pole barn offers ample storage space. The outdoor amenities are equally impressive, featuring a beautifully landscaped 2.18-acre lot with a dedicated event space complete with a kitchen, bar, covered patio (stamped concrete), a functional stage, a water feature, and a stone fireplace. This expansive outdoor area is perfect for hosting various events. The strategic location at the intersection of Highway 55 and County Highway A, directly on the snowmobile and ATV/UTV trail, ensures high visibility and accessibility, maximizing potential for year-round business. Priced at $999,999, this property offers an unparalleled chance to own a thriving multi-faceted business in a desirable Northwoods setting. The combination of established businesses, residential quarters, and extensive outdoor event space makes this a truly exceptional investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.