Restaurants

Mercer, WI Restaurants for Sale

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Manitowish Waters, WI Park Falls, WI Presque Isle, WI Oma, WI Sherman, WI Lac Du Flambeau, WI Butternut, WI Bessemer, MI
Restaurant and Event Center
Updated: Jul 7
Restaurant and Event Center

5234 HWY 51, Mercer, WI 54547

$675,000
0.56 AC lot
0.5579‑acre restaurant and event center with outdoor entertainment hub
Outdoor Tiki Bar with outdoor kitchen, public restrooms, and fire pit seating
Bandstand and dance floor for events every Friday through Sunday
Tiki Bar enclosed in winter as an Ice Bar for snowmobile crowds
Direct access to snowmobile and ATV trails plus plenty of on‑site parking
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Supper Club Restaurant with Living Quarters
Updated: Nov 19, 2025
Supper Club Restaurant with Living Quarters

1711 HWY 51, Mercer, WI 54547

$348,500
0.92 AC lot
0.92‑acre supper club restaurant property at the intersection of US Hwy 51 and State Hwy 47
Finished tiled bar, signature salad bar, expansive dining spaces, and a bright professional kitchen
Two‑bedroom living quarters plus garage included
Heating includes natural gas, baseboard, electric heating, and forced air
Well water supply
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Mercer Restaurant and Bar Opportunity
Mercer Restaurant and Bar Opportunity

1711 Us Highway 51, Mercer, WI 54547

$348,500

Iconic restaurant/bar with high traffic and trail access in Mercer.

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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 11 Potential Opportunities for your consideration. Besides 3 Active listings in Mercer, 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.

Mixed-Use Inn and Restaurant
Mixed-Use Inn and Restaurant

10383 Main St, Boulder Junction, WI 54512

$799,900

Turn-key property includes a five-room motel, full-service restaurant with commercial kitchen, and an apartment above.

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Family Restaurant and Bar with Boat Launch
Family Restaurant and Bar with Boat Launch

8-1520 County Road F, Minocqua, WI 54548

$694,900

Established restaurant and bar with a dedicated bar area, commercial kitchen, and private boat launch on Twin Placid.

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Lakefront Restaurant with Private Boat Launch
Lakefront Restaurant with Private Boat Launch

1520 CTH F, Minocqua, WI 54548

$694,900
0.09 AC lot

Lakefront restaurant with private boat launch, 47 feet of frontage, and a new roof (2024) in a proven lakeside setting.

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Restaurant with River Front Deck
Restaurant with River Front Deck

5675 CTH M, Boulder Junction, WI 54512

$48,000
6.00 AC lot

Restaurant building with river frontage, two dining rooms, and an outdoor deck with seating for guests.

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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.

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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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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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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Corner Lot in Downtown Park Falls
Corner Lot in Downtown Park Falls

172&184 2ND AVE N, Park Falls, WI 54552

Contact for pricing
0.13 AC lot

Corner lot suitable for business in downtown Park Falls, Wisconsin.

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Mercer, WI Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Mercer, WI, showcased through 3 active listings on our real estate platform.

Sale prices for restaurant properties in Mercer, WI start at $348,500, averaging $457,333, and reaching up to $675,000 — 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 3
Conventional restaurants 3

Demographics Overview

Population 1,396
Population Growth (5Y) +0.4%
Median Household Income $60,795
College Educated 39.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
54547 $457.3K

Taxes & Financing

Tax Rate (average for all types) 1.38%
Tax Rate vs County Average 0.67 pp below county avg
Average Loan-to-Value 65.0%

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