13029 Deer Park Rd, Manitowish Waters, WI 54545-6246
This exceptional 23,000 square foot, turn-key restaurant and lodge is situated on Manitowish Lake in Manitowish Waters, Wisconsin. Built in 2014, this established fine-dining and banquet facility boasts a sophisticated atmosphere with two large fireplaces and a spacious dining area accommodating 200-250 guests. The property includes a 4,500 square foot divisible dining and banquet space, easily partitioned into three separate dining rooms. Two fully equipped kitchens support the operation: a main level full-service kitchen and a lower-level USDA-certified prep kitchen, connected by a convenient elevator. A bar-lounge area offers a wide selection of fine wines and spirits. The sale includes all recipes and the current menu. Beyond the restaurant, the property features a luxurious pool complex complete with a heated outdoor pool, a bar, and a double fireplace cabana. The location offers unparalleled access to Manitowish Lake, with private lakefront docks providing convenient access by land or water. The property is zoned commercial and has a Vilas County APN of 16-1218-57, 16-1218-58. This is a rare opportunity to acquire a thriving, well-established business with significant potential for growth in a highly desirable location. The asking price is $3,499,000, with a price per square foot of $152.13.
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Chippewa Retreat Resort Wedding Service
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White Oak Grill Bar & Pub Restaurant
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
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.