W7318 Wi-86 Tomahawk, WI 54487
This exceptional turnkey business opportunity encompasses a well-established bar and restaurant in Tomahawk, Wisconsin, listed at $350,000. The property boasts 6,500 square feet across two buildings on a 1.5-acre lot, featuring 50 parking spaces. Built in 1952 with various renovations throughout the years, the property includes a fully equipped kitchen with a walk-in cooler, freezer, gas stove, fryers, prep table, dishwasher, and an upgraded beer tap system. All tables, chairs, and kitchen equipment are included. A remodeled one-bedroom apartment, ideal for owner occupancy or rental income, is situated on the upper level. The property also includes an adjacent lot with recreational amenities such as volleyball and horseshoe pits, and picnic tables. This lot offers potential for campground development. A detached garage provides additional space, potentially usable for outdoor events. The property is strategically located on State Highway 86 and a snowmobile trail, ensuring high visibility and accessibility. The property's commercial zoning allows for diverse uses. Additional land may be available for purchase to expand the existing facilities or develop a larger campground. The property's mechanicals and electrical systems have been recently upgraded, and a high-end security system is in place. This is a rare opportunity to acquire a thriving business with significant growth potential in a desirable Northwoods location. The APN is 030-3405-014-9991.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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