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
Commercial real estate

8265 Main St Presque Isle, WI 54557

0.24 ac lot
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US92-2767483
Property summary
AI-generated overview

This established Presque Isle restaurant, located at 8265 Main St, offers a turnkey opportunity for a new owner. Boasting 2,023 square feet of space on a 0.34-acre lot, this property includes a spacious bar and grill, ample dining area, and a fully equipped kitchen. The inviting atmosphere is complemented by a large outdoor deck and expansive backyard, perfect for outdoor seating. The building features a full basement with two 200-amp services, two furnaces, and central air conditioning. Conveniently situated on Main Street, this location provides direct access to snowmobile and UTV trails, and is close to numerous fishing lakes and walleye ponds. The property includes 20 parking spaces and is zoned for commercial use. Built in 1970, this restaurant has a proven track record of success for over 30 years, making it an attractive investment opportunity. The private well and natural gas fuel sources add to the property's operational efficiency. The irregular lot shape adds to the unique character of this well-established business. This is a rare chance to acquire a thriving Northwoods business with significant potential for continued growth. The asking price is $329,900, with a price per square foot of $163. The APN is 22-1265.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.24 ac (10,454 SF)
APN 22-1272-02
UPID US92-2767483
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
  • P I Yacht Club LLC Bar & Pub
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
Donald Plonsky · 6 yrs held
Donald Plonsky
since 2019
1 recorded transaction
2019
$1,000
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 8265 Main St?
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