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OFF-MARKET
Commercial real estate

W7318 State Highway 86 Tomahawk, WI 54487

6,500 SF Built 1952
Property ID
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
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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