Property profile

W7318 State Highway 86 Tomahawk, WI 54487

OFF-MARKET
Commercial real estate
6,500 SF Built 1952
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Property summary

AI-generated overview

This exceptional turnkey opportunity presents a well-established bar and restaurant in the heart of Tomahawk, Wisconsin. Located on State Highway 86 and a snowmobile trail, this property boasts 6,500 square feet of space and offers significant potential for growth. The building has undergone recent upgrades, including a complete overhaul of the mechanical and electrical systems, as well as a high-end security system installation. A completely remodeled one-bedroom apartment, updated three years ago, is situated above the commercial space, providing an excellent opportunity for owner occupancy or additional rental income. The sale includes all existing furniture, fixtures, and equipment, ensuring a seamless transition for the new owner. This comprehensive inventory includes tables, chairs, a complete kitchen setup with a walk-in cooler, walk-in freezer, gas stove, two gas fryers, a chilled prep table, a gas dishwasher, and an upgraded beer tap system. The property also features a sizable west lot complete with a volleyball court, picnic tables, and horseshoe pits. This area presents a unique opportunity for expansion, potentially into a small campground. A detached garage offers additional space, ideal for outdoor events or further development. The possibility of acquiring additional land adjacent to the property exists, allowing for the creation of a larger campground or entertainment complex. This is a rare chance to acquire a thriving business with significant upside potential in a desirable Northwoods location.

Property profile

Verified
Property type Commercial real estate
Year built 1952
Total area 6,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

W7318 State Highway 86 Tomahawk, WI 54487
Tomahawk metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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