12058 State Hwy 32 Suring, WI 54174-9780
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.