You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Commercial real estate

34002 State Rd 35 Danbury, WI 54830-9458

1 ac lot
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US92-2506571
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1 ac (43,560 SF)
APN 07-004-2-42-15-03-3 03-000-012000
UPID US92-2506571
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Russell Blodgett · 1 yrs held
Russell Blodgett
since 2024
Last sale
$175,000
2 recorded transactions
2024
$175,000
2020
$129,900
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 34002 State Rd 35?
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