3760 County N Hwy Barnes, WI 54873-4541
- Commercial real estate
- 5.03 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3760 County N Hwy
- Lot size
- 5.03 lot acres
- Property type
- Commercial real estate
- APN
- 04-004-2-45-09-28-4 04-000-70000
- APU
- 9223372036854775807
Description
Nestled in the heart of Barnes, Wisconsin, this exceptional turn-key business opportunity presents a rare chance to own a well-established and beloved supper club. The Cedar Lodge Bar & Grille, operating successfully since 1979, boasts a charming and refined lodge-style atmosphere, appealing to both locals and tourists alike. The property encompasses five acres of land, providing ample parking for patrons. Inside, the restaurant offers a versatile dining experience, ranging from a casual bar area perfect for enjoying small plates and craft cocktails while taking in the scenic views near the fireplace, to a more formal dining room complete with a salad bar and an extensive menu featuring steaks, seafood, and pasta. A fully finished basement provides additional space ideal for hosting private parties and special events. The upper level includes living quarters, adding to the property's overall appeal. This prime location is conveniently situated adjacent to recreational trails and a short drive from the picturesque Eau Claire Chain of Lakes, ensuring a steady stream of potential customers. The property's established reputation, combined with its desirable location and versatile layout, makes it an exceptional investment opportunity for discerning buyers seeking a profitable and established business in a stunning natural setting. The sale includes all existing fixtures and equipment, making this a truly turn-key operation.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $320,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $380,000
- Geo Method
- $330,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $350,000
- Retail
- $390,000
- Mixed-Use
- $345,000
- Hospitality
- $370,000
- Educational
- $340,000
- Residential Income
- $330,000
- Energy
- $330,000
- Income-Based Land
- $370,000
- Food Service
- $360,000
Location Insight
- Map
- Local Demand
- City
- Barnes
- County
- Bayfield
- State
- Wisconsin
- Longitude
- -91.695
- Latitude
- 46.3603