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    12058 State Highway 32 Suring, WI 54174
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    12058 State Highway 32, Suring, WI 54174

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    • Commercial real estate
    Turnkey Bar and Restaurant For Sale For Sale
    $399,000
    1.77 Acres

    Turnkey Bar and Restaurant For Sale

    Successful bar and restaurant with lake frontage and living space.

    Suring, WI 54174
    View Listing
    Property ID
    US92-1356327
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    Cap Rate Potential
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    Current Use by Public Records

    • Commercial real estate

    Property Details for 12058 State Highway 32

    Property type
    Commercial real estate
    APN
    01003030231T
    APU
    01003030231T

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 6, 2010 $250,000 Waters Edge On Anderson Lake INC Soletskes Waters Edge LLC Warranty Deed $206k · Laona State Bank
    Mar 6, 2007 $241,000 Soletskes Waters Edge LLC Mcdonough Enerprises LLP Warranty Deed $241k · Anchorbank Fsb

    Description

    This exceptional turnkey business opportunity encompasses a thriving bar and restaurant situated on a desirable 1.77-acre lot in Suring, Wisconsin. Boasting over 200 feet of frontage on Anderson Lake, the property offers unparalleled visibility and access to recreational activities. The establishment features a spacious layout, including a front bar with seating for 30 patrons, equipped with two fryers and a large grill for efficient bar service. A second bar area accommodates an additional 20 guests, while a large dining room comfortably seats 100, perfect for banquets and special events like Friday fish fries. The expansive commercial kitchen is fully equipped with a walk-in cooler, two fryers, a large grill, and ample prep space. Above the commercial space, a comfortable living area provides three bedrooms, one bathroom, a living room, kitchen, and dining room, all with stunning lake views. The property also includes a substantial 26 x 32 foot storage shed and a large gravel parking lot, conveniently located on the ATV/UTV and snowmobile trail. Recent improvements include a well replacement in 2021 and septic system update in 2016. The exterior features updated siding. This is a rare opportunity to acquire an established, profitable business with significant potential for growth in a picturesque lakeside setting. The 5,090 square foot building offers a unique blend of commercial and residential space, making it an ideal investment for an entrepreneur seeking a turnkey operation with immediate income potential.


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    Location Insight

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    City
    Suring
    County
    Oconto
    State
    Wisconsin
    Longitude
    -88.4153
    Latitude
    45.1124
    CBSA code
    24580
    CBSA name
    GREEN BAY, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,636
    $74,000
    $164,100
    $238,100
    -
    $0.00
    $0.00
    $345,600
    View Listing
    More about this property
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