34002 State Rd 35 Danbury, WI 54830-9458
This exceptional opportunity presents the chance to acquire the McGraw Lake Tavern, a well-established Wisconsin landmark operating for over 60 years. Located at 34002 State Road 35 in Danbury, Burnett County, Wisconsin (zip code 54830), this thriving hospitality business sits on a one-acre lot (2,184 square feet) and enjoys a prime location between Danbury and Superior, attracting significant traffic from hunting and trail enthusiasts. The tavern is completely turnkey, requiring no additional investment to begin operations. Recent updates include a new septic system, modern kitchen appliances, upgraded electrical systems, updated furniture, and a new heating and cooling system. This is a rare chance to own a profitable, established business in a desirable location, ready for immediate operation. The property is zoned commercial and offers a unique blend of history and potential for continued success. The asking price is $175,000. This is a truly remarkable opportunity to own a piece of Wisconsin history and a thriving business. The property's latitude and longitude coordinates are 46.1432992, -92.2383603 respectively.
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
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Risks
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