2855 29th Ave Birchwood, WI 54817-2051
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.
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Tagalong Golf & Resort Hotel & Motel Resort
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Iron restaurant and pub Restaurant
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Cheers Pump House Bar & Pub
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Cheers Bar & Grill - Wurzers At Tagalong 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
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.