You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $620,000
Commercial real estate

2855 29th Ave Birchwood, WI 54817-2051

2.18 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US92-2474422
Property summary
AI-generated overview

This exceptional commercial property, located at 2855 29th Avenue in Birchwood, Wisconsin, presents a lucrative business opportunity. Boasting 11,214 square feet on a 2.18-acre lot, this established restaurant and bar enjoys a prime location on prestigious Red Cedar Lake. The property features approximately 360 feet of waterfront access, providing ample space for public docking and outdoor dining. The expansive commercial kitchen is equipped to handle large-scale events, including weddings, golf tournaments, and community gatherings. A remodeled bar area with an oversized patio offers additional seating and relaxation space, overlooking the lake and golf course. The business benefits from a strong, established clientele base, drawing from the Twin Cities and the over 17,000 annual golfers at the nearby course, as well as residents of the surrounding Loch Lomond beach club residential area. A fully stocked lakeside pump house bar, complete with a bandstand, provides a unique entertainment venue with stunning waterfront views. Further enhancing the income potential is a leased pro shop located within the building. The property's website, ironsrestaurantandpub.com, offers additional details. This turnkey operation is priced at $1,200,000 and represents a rare opportunity to acquire a thriving lakeside business with significant growth potential.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.18 ac (94,961 SF)
APN 010-1100-05-000
UPID US92-2474422
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
Current use
Occupant on record · Public records
  • Tagalong Golf & Resort Hotel & Motel Resort
  • Iron restaurant and pub Restaurant
  • Cheers Pump House Bar & Pub
  • Cheers Bar & Grill - Wurzers At Tagalong Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$620k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$620k
Owner & transaction history
Irons Holdings LLC · 2 yrs held
Irons Holdings LLC
since 2024
Last sale
$618,000
4 recorded transactions
2024
$618,000
2022
$585,000
2019
Price N/A
2012
$485,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2855 29th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message