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    Algoma, WI
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    Algoma, WI Restaurants for Sale

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    Sturgeon Bay, WI Forestville, WI Casco, WI Kewaunee, WI Brussels, WI Luxemburg, WI Green Bay, WI Egg Harbor, WI
    Historic Hotel with Restaurant and Bar
    Updated: Sep 3
    Historic Hotel with Restaurant and Bar

    201 Steele St, Algoma, WI 54201

    $875,000
    12,844 sqft 0.21 AC lot
    12,844‑square‑foot hotel, restaurant, and bar property
    Built in 1857 and updated with modern amenities
    Guest rooms and suites accommodate up to 6 people
    Third‑floor suite includes 4 bedrooms, 2 baths, and water views
    Two blocks from Lake Michigan and Crescent Beach
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    Updated Hotel with Restaurant and Bar
    Updated: Sep 9
    Updated Hotel with Restaurant and Bar

    201 Steele St, Algoma, WI 54201

    $875,000
    12,844 sqft
    12,844‑square‑foot hotel property with restaurant and bar facilities
    Original building dates to 1857; majority of space was built in 1905
    Third‑floor suite includes 4 bedrooms, 2 bathrooms, and water views
    Guest rooms and suites accommodate up to 6 people
    Hotel room and suite furnishings included
    View details
    Turn-Key Restaurant on Highway 42
    Turn-Key Restaurant on Highway 42

    2217 Lake Street, Algoma, WI 54201

    $189,900
    0.33 AC lot

    Free-standing restaurant with equipment included, near downtown Algoma.

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    See hot listings in Algoma

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 3 Active listings in Algoma, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Gas Station with RV Sites
    Gas Station with RV Sites

    202 Milwaukee St, Kewaunee, WI 54216

    $1,600,000
    2,106 sqft

    Waterfront convenience retail combines fuel sales, food service, RV camping, docks, and marine fueling.

    View details
    Breakfast & Diner with Apartments
    Breakfast & Diner with Apartments

    301 Ellis St, Kewaunee, WI 54216

    $259,900
    4,645 sqft

    Restaurant property with a fully equipped kitchen and two second-floor apartments, including a studio and a two-bedroom unit.

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    Turn-key Profitable Bar/Restaurant Opportunity
    Turn-key Profitable Bar/Restaurant Opportunity

    E3261 County Road S, Casco, WI 54205

    $624,900
    5,880 sqft

    Well-maintained bar/restaurant for sale.

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    Bar & Pub with Dance Hall
    Bar & Pub with Dance Hall

    E3261 COUNTY ROAD S, Casco, WI 54205

    $624,900
    1.80 AC lot

    Established bar and dining operation with a full kitchen, furnished upper-level living space, and extensive restaurant equipment.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Dual Access
    Commercial Land with Dual Access

    3188 FINGER Road, Green Bay, WI 54311

    $500,000
    4.24 AC lot

    Commercial parcel with public water, public sewer, and natural gas available.

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    Off-Market Properties in Algoma, WI

    Consider similar Off-Market properties in Algoma, WI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2217 Lk St
    DRIVE-THRU RESTAURANT, FAST FOOD

    2217 Lk St, Algoma, WI 54201-2005

    Estimated value:
    $150,000
    1,445 sqft
    View details
    824 4th St
    DRIVE-THRU RESTAURANT, FAST FOOD

    824 4th St, Algoma, WI 54201-1348

    Estimated value:
    $250,000
    1,365 sqft
    View details
    133 Water St
    RESTAURANT

    133 Water St, Algoma, WI 54201-1146

    Estimated value:
    $265,000
    2,772 sqft 0.23 AC lot
    View details
    Algoma, WI 54201
    BAR, TAVERN

    Algoma, WI 54201

    Estimated value:
    $275,000
    4,384 sqft 1.94 AC lot
    View details
    709 Water St
    RESTAURANT

    709 Water St, Algoma, WI 54201-1101

    Estimated value:
    $270,000
    2,779 sqft
    View details
    518 4th St
    DRIVE-THRU RESTAURANT, FAST FOOD

    518 4th St, Algoma, WI 54201-1222

    Estimated value:
    $250,000
    2,332 sqft
    View details
    527 4th St
    BAR, TAVERN

    527 4th St, Algoma, WI 54201-1221

    Estimated value:
    $285,000
    4,931 sqft
    View details

    Algoma, WI Restaurants Market Trends and Statistics

    Explore 10 restaurants for sale in Algoma, WI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 25,688 square feet of properties for sale, with an estimated market value of $1,939,900.

    Sale prices for restaurant properties in Algoma, WI start at $189,900, averaging $646,633, and reaching up to $875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 2
    Conventional restaurants 2
    Turn key restaurants 1

    Demographics Overview

    Population 5,178
    Population Growth (5Y) -0.2%
    Median Household Income $65,772
    College Educated 26.0%

    High-Yield Neighborhoods for Investment

    Identify Algoma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    54201 $189.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.14%
    Property Tax per SF $16.26 per SF
    Tax Rate vs County Average 0.34 pp above county avg
    Average Loan-to-Value 65.0%

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