Restaurants

Athelstane, WI Restaurants for Sale

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Nimrod Inn Restaurant & Supper Club
Updated: Aug 8
Nimrod Inn Restaurant & Supper Club

N12808 Northway Drive, Athelstane, WI 54104

$439,900
4,127 sqft
4127 SF restaurant and supper club property
Directly on ATV/UTV and snowmobile trails
Upper level currently used for business storage
Former 2‑bedroom, 1‑bath apartment configuration upstairs
Built in 1920
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Convenience Store with Detached Garage
Updated: Sep 2
Convenience Store with Detached Garage

N12796 County Road Ac, Athelstane, WI 54104

$225,000
2,554 sqft
Approximately 2,554 SF commercial building
Beer license available
Former bar and convenience store use
Detached garage included
Well and septic system
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Athelstane, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Restaurant with Walk-In Storage
Restaurant with Walk-In Storage

N17480 US Highway 141 Road, Pembine, WI 54156

$349,000
2,472 sqft 3.49 AC lot

Operating restaurant with included furnishings, commercial equipment, guest seating, and supporting storage improvements.

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Turnkey Bowling Alley, Restaurant & Bar
Turnkey Bowling Alley, Restaurant & Bar

326 Main Street, Wausaukee, WI 54177

Contact for pricing
1,740 sqft

Established Wisconsin business with bowling alley, restaurant, bar, and apartment.

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Turnkey Restaurant in Beecher
Turnkey Restaurant in Beecher

N17480 US HIGHWAY 141, Pembine, WI 54156

Contact for pricing

Fully operational restaurant with equipment and furnishings included in sale.

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84-Seat Conventional Restaurant
84-Seat Conventional Restaurant

1236 DIVISION Street, Wausaukee, WI 54177

$235,000

Diner sale includes the real estate, business name, equipment, and furnishings.

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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 Existing Building
Commercial Land with Existing Building

909 S Stephenson Avenue, Iron Mountain, MI 49801

$250,000
2,335 sqft 0.20 AC lot

Commercial zoning and a shingle-roof building are present on the parcel.

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Athelstane, WI Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Athelstane, WI on our real estate platform. These investment opportunities span a total of 6,681 square feet of properties for sale, with an estimated market value of $664,900.

Sale prices for restaurant properties in Athelstane, WI start at $225,000, averaging $332,450, and reaching up to $439,900 — 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 1
Conventional restaurants 1

Demographics Overview

Population 1,003
Population Growth (5Y) -14.9%
Median Household Income $54,443
College Educated 9.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
54104 $439.9K

Taxes & Financing

Tax Rate (average for all types) 1.35%
Tax Rate vs County Average 0.78 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Marinette County

New Delisted

Total CRE Inventory on Market (SF)

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