Advertise
    Three Lakes, WI
    Restaurants
    AI Picks

    Three Lakes, WI Restaurants for Sale

    Notify Me
    List
    Map
    Eagle River, WI Sugar Camp, WI Conover, WI Rhinelander, WI Plum Lake, WI Phelps, WI St Germain, WI Land O Lakes, WI
    Cocktail Bar with Stone Patio
    Updated: Jul 16
    Cocktail Bar with Stone Patio

    7004 HWY 45, Three Lakes, WI 54562

    $875,000
    0.37 AC lot
    0.37‑acre bar and restaurant property
    Built in 2020 with frame construction and metal siding
    Dining room, full bar, and contemporary interior finishes
    Stone patio with outdoor fireplace
    Highway 45 access near trails, lakes, resorts, and recreation
    View details
    Bar & Grill with Outdoor Stage
    Updated: Aug 21
    Bar & Grill with Outdoor Stage

    1002 HWY 32, Three Lakes, WI 54562

    $575,000
    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
    View details
    Pub and Restaurant with Apartment
    Pub and Restaurant with Apartment

    1765 SUPERIOR ST, Three Lakes, WI 54562

    $995,000
    0.31 AC lot

    Established dining venue includes a full-service bar and updated one-bedroom, one-bath living quarters.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Bar & Grill with Event Areas
    Bar & Grill with Event Areas

    1002 Hwy 32, Three Lakes, WI 54562

    $575,000
    1,780 sqft

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

    View details
    Modern Restaurant with Stone Patio
    Modern Restaurant with Stone Patio

    7004 Hwy 45, Three Lakes, WI 54562

    $875,000
    2,800 sqft

    Full-service dining property with a finished bar, outdoor fireplace, and access from Highway 45.

    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 5 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.

    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.

    View details
    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    151 Brown St N, Rhinelander, WI 54501

    $850,000

    Refurbished brick building combines restaurant operations with two occupied residential apartments.

    View details
    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.

    View details
    Remodeled Bar and Supper Club
    Remodeled Bar and Supper Club

    3310 Hwy 70 East, Eagle River, WI 54521

    Contact for pricing

    Hospitality property with two additional residences and a separate pole barn for winter boat storage.

    View details

    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.

    View details
    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.

    View details
    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 5 restaurants for sale in Three Lakes, WI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 4,580 square feet of properties for sale, with an estimated market value of $3,895,000.

    Sale prices for restaurant properties in Three Lakes, WI start at $575,000, averaging $779,000, and reaching up to $995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 5
    Conventional restaurants 5

    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 $779K

    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

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Restaurants for Sale Near Three Lakes, WI

    Popular Searches in Three Lakes, WI

    Popular Categories

    Most Searched ZIP Codes in Three Lakes, WI

    • 54562

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!