Mercer, WI
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    Mercer, WI Restaurants for Sale

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    Presque Isle, WI Manitowish Waters, WI Springstead, WI
    Restaurant with Two-Bedroom Quarters
    $348,500
    0.92 Acres
    Restaurant with Two-Bedroom Quarters

    1711 HWY 51, Mercer, WI 54547

    Corner restaurant offering a tiled bar, dining and kitchen space, plus a garage and two-bedroom living quarters.
    • Northwoods commercial corner at the intersection of US Hwy 51 and State Hwy 47
    • Includes a garage plus 2‑bedroom living quarters
    • Finished tiled bar, signature salad bar, and expansive dining areas
    • Bright professional kitchen included, with storage and landscaping on the property
    • Construction materials: frame, stucco, and wood siding; mixed flooring throughout
    Updated: Nov 19, 2025
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    Restaurant and Event Center For Sale
    $697,000
    0.56 Acres
    Restaurant and Event Center For Sale

    5234 HWY 51, Mercer, WI 54547

    Popular restaurant, bar, and event center in downtown Mercer, WI.
    • Multiple Revenue Streams: Restaurant, bar, outdoor area, Tiki Bar, ice cream parlor, events, weddings, and farmers market.
    • Prime Location: Downtown Mercer with ample parking and direct access to snowmobile/ATV trails.
    • Established Business: Popular restaurant and event center with a proven track record.
    • Unique Outdoor Entertainment Area: Features a Tiki Bar, outdoor kitchen, fire pit, bandstand, and dance floor.
    • Adaptable Seasonal Features: Enclosed Tiki Bar transforms into an Ice Bar for winter.
    Updated: Jun 23, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Boulder Junction Commercial Opportunity
    $599,900
    0.35 Acres
    Boulder Junction Commercial Opportunity

    Cozy wine bar/pub with living quarters in downtown Boulder Junction.

    5461 PARK ST, Boulder Junction, WI 54512

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    Established Restaurant & Bar For Sale
    $699,900
    999 SF
    Established Restaurant & Bar For Sale

    Well-known restaurant and bar with lake frontage and boat launch.

    1520 County Highway F, Minocqua, WI 54548

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    Family Restaurant and Bar with Boat Launch
    $694,900
    1,000 SF
    Family Restaurant and Bar with Boat Launch

    Turnkey family restaurant and bar with a full kitchen setup, garage, and private boat launch on Twin Placid.

    1520 CTH F, Minocqua, WI 54548

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    Restaurant Opportunity in Boulder Junction
    $48,000
    6.00 Acres
    Restaurant Opportunity in Boulder Junction

    Established restaurant location with scenic river views and updated equipment.

    5675 CTH M, Boulder Junction, WI 54512

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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
    $199,900
    1.20 Acres
    Prime Commercial Land in Minocqua

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

    PLAZA DR lot: 11, Minocqua, WI 54548

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    Prime Commercial Land in Minocqua
    $249,900
    1.58 Acres
    Prime Commercial Land in Minocqua

    1.58 acre commercial parcel with high exposure in Minocqua.

    PLAZA DR lot: 12, Minocqua, WI 54548

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    Corner Lot in Downtown Park Falls
    Contact for pricing
    0.13 Acres
    Corner Lot in Downtown Park Falls

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

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

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    Corner Lot in Downtown
    Contact for pricing
    Corner Lot in Downtown

    Corner lot suitable for business in downtown Park Falls.

    172-184 2nd Avenue North, Park Falls, WI 54552

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    Mercer, WI Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Mercer, WI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,045,500.

    Sale prices for restaurant properties in Mercer, WI start at $348,500, averaging $522,750, and reaching up to $697,000 — 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

    Conventional restaurants 2
    Bars & Pubs 1

    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 $522.8K

    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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