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    Three Lakes, WI
    Restaurants

    Three Lakes, WI Restaurants for Sale

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    Eagle River, WI Sugar Camp, WI Conover, WI Rhinelander, WI Plum Lake, WI Phelps, WI Argonne, WI St Germain, WI
    Bar & Grill with Outdoor Stage
    Updated: Aug 21
    Bar & Grill with Outdoor Stage

    1002 HWY 32, Three Lakes, WI 54562

    $555,000
    0.39 AC lot
    Bar and grill property at 1002 HWY 32 in Three Lakes, WI 54562
    0.39‑acre site near the Three Lakes/Eagle River Chain of Lakes
    Heated and air‑conditioned garage bar plus air‑stream VIP room
    Outdoor stage and fenced area for concerts, private parties, and gatherings
    5 gaming machines, pool table, foosball, air hockey, darts, and 2 juke boxes
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    Pub and Restaurant with Apartment
    Updated: Apr 17
    Pub and Restaurant with Apartment

    1765 SUPERIOR ST, Three Lakes, WI 54562

    $899,000
    0.31 AC lot
    Restaurant and bar with spacious dining area and full‑service bar
    Updated 1 bed/1 bath apartment for owner or management use
    Built in 1920 on a 0.31‑acre site
    Frame, stone, and stucco construction
    Forced‑air natural gas heating and central air conditioning
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    Bar & Grill with Event Areas
    Bar & Grill with Event Areas

    1002 Hwy 32, Three Lakes, WI 54562

    $555,000
    1,780 sqft

    Established bar and grill with indoor entertainment, outdoor gathering space, and improvements to key building systems.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 3 Active listings in Three Lakes, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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 Property with Lounge
    Mixed-Use Property with Lounge

    119 Brown St, Rhinelander, WI 54501

    $749,900
    8,490 sqft

    The building combines a lounge and restaurant with commercial rentals, guest rooms, and an apartment.

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    Restaurant with Patio Seating
    Restaurant with Patio Seating

    904 RAILROAD ST N, Eagle River, WI 54521

    $899,000
    0.63 AC lot

    Operating dining establishment with an equipped kitchen, patio seating, and counter service.

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    Bar and Banquet Facility
    Bar and Banquet Facility

    1540 PUEBLO DR., Rhinelander, WI 54501

    $499,000
    1.91 AC lot

    B-3 general business zoning, a commercial kitchen, private parking, and transferable liquor licensing support the existing hospitality setup.

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    Updated Conventional Restaurant
    Updated Conventional Restaurant

    1343 WALL ST E, Eagle River, WI 54521

    $335,900
    0.12 AC lot

    Restaurant improvements include central air, forced-air natural gas heat, and public utilities.

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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.

    Downtown Commercial Land
    Downtown Commercial Land

    300 FRONT ST E, Minocqua, WI 54548

    $1,500,000
    1.02 AC lot

    Cleared commercial parcel with paved parking, three access points, and B-1 zoning in downtown Minocqua.

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    Cleared B-2 Commercial Parcel
    Cleared B-2 Commercial Parcel

    PLAZA DR lot: 12, Minocqua, WI 54548

    $249,900
    1.58 AC lot

    Level, cleared commercial land with municipal utilities and access from Plaza Drive.

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    B-2 Commercial Development Parcel
    B-2 Commercial Development Parcel

    PLAZA DR lot: 11, Minocqua, WI 54548

    $199,900
    1.20 AC lot

    Level, cleared land with public utilities and build-to-suit flexibility in a commercial corridor.

    View details

    Three Lakes, WI Restaurants Market Trends and Statistics

    Explore 3 restaurants for sale in Three Lakes, WI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,780 square feet of properties for sale, with an estimated market value of $2,009,000.

    Sale prices for restaurant properties in Three Lakes, WI start at $555,000, averaging $669,666, and reaching up to $899,000 — 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 1,867
    Population Growth (5Y) -2.8%
    Median Household Income $67,875
    College Educated 52.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    54562 $700K

    Taxes & Financing

    Tax Rate (average for all types) 1.40%
    Tax Rate vs County Average 0.30 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Vilas County

    New Delisted

    How Realmo verifies these figures

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