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    Crandon, WI Restaurants for Sale

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    Argonne, WI Pelican Lake, WI Rhinelander, WI Three Lakes, WI Wabeno, WI Laona, WI Pickerel, WI Pearson, WI
    Established Restaurant and Lounge For Sale
    Updated: Mar 11, 2025
    Established Restaurant and Lounge For Sale

    200 S Lake Ave, Crandon, WI 54520

    $499,900
    Turn‑key restaurant and lounge business with real estate included.
    Well‑established business with loyal customer base and outstanding reputation.
    Prime downtown location with high visibility and foot traffic.**
    Divisible banquet rooms for hosting events.
    Fully equipped, including a 5‑tier pizza oven, and all necessary licenses.**
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Crandon, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Tavern with Kitchen and Living Quarters
    Tavern with Kitchen and Living Quarters

    468 Max Rd, Pelican Lake, WI 54463

    $225,000
    1,800 sqft

    Tavern with kitchen, updated roof, new air conditioning, and upstairs living quarters, plus space for retail or dining.

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    Tavern with Kitchen and Outdoor Court
    Tavern with Kitchen and Outdoor Court

    460-468 MAX RD, Pelican Lake, WI 54463

    $225,000
    2.55 AC lot

    Tavern with kitchen area, central air, and an on-site volleyball court with summer speaker system, on well water.

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    Lakeside Resort and Tavern For Sale
    Lakeside Resort and Tavern For Sale

    N11594 POST LAKE DR, Elcho, WI 54428

    Contact for pricing
    2,372 sqft

    Wisconsin resort featuring cabins and tavern on Post Lake.

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    Restaurant with Living Quarters
    Restaurant with Living Quarters

    N11163 HWY 45, Elcho, WI 54428

    $150,000
    0.77 AC lot

    Bright ice cream shop with living quarters, a full basement for storage, and utilities tied to public water and sewer.

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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

    A zoned commercial site with a 72-by-120 lot and an older 2,335 SF building on a main thoroughfare.

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    Downtown Commercial Land Parcel
    Downtown Commercial Land Parcel

    300 FRONT ST E, Minocqua, WI 54548

    $1,500,000
    1.02 AC lot

    Commercial land in downtown Minocqua with level cleared space, blacktop parking, and three access points.

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    Prime Commercial Land in Minocqua
    Prime Commercial Land in Minocqua

    PLAZA DR lot: 12, Minocqua, WI 54548

    $249,900
    1.58 AC lot

    1.58 acre commercial parcel with high exposure in Minocqua.

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    Prime Commercial Land in Minocqua
    Prime Commercial Land in Minocqua

    PLAZA DR lot: 11, Minocqua, WI 54548

    $199,900
    1.20 AC lot

    1.2 acre B-2 zoned commercial land with high exposure.

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    Crandon, WI Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Crandon, WI on our real estate platform.

    Sale prices for restaurant properties in Crandon, WI average $499,900 — 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 2
    Turn key restaurants 1

    Demographics Overview

    Population 3,866
    Population Growth (5Y) -9.2%
    Median Household Income $58,493
    College Educated 17.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    54520 $499.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.47%
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

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