Three Lakes, WI
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    Three Lakes, WI Restaurants for Sale

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    Eagle River, WI Sugar Camp, WI Conover, WI
    Iconic Black Forest Pub
    $1,100,000
    0.31 Acres

    Iconic Black Forest Pub

    1765 SUPERIOR ST, Three Lakes, WI 54562

    Established restaurant and bar in the heart of Three Lakes.

    • Turnkey, well‑established restaurant and bar business with a rich history and loyal customer base.
    • Prime location in the heart of Three Lakes, a popular year‑round tourist destination with access to lakes and trails.
    • Includes updated on‑site living quarters (1 bed/1 bath apartment) for owner or management.
    • Spacious dining area, full‑service bar, and welcoming pub‑style ambiance.
    • Building constructed with durable materials: Frame, Stone, and Stucco.
    Updated: Apr 17
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Three Lakes, 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.

    Eagle River Commercial Opportunity
    $610,000
    1,200 SF

    Eagle River Commercial Opportunity

    Thriving convenience store with attached home and lake frontage.

    667 HWY 45, Eagle River, WI 54521
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    Profitable Restaurant in St. Germain
    $524,900
    1.00 Acres

    Profitable Restaurant in St. Germain

    Turnkey restaurant with high cap rate in Northwoods recreation area.

    438 HWY 70, St Germain, WI 54519
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    Historic Supper Club on Lake
    $725,000
    0.11 Acres

    Historic Supper Club on Lake

    Iconic supper club with lake frontage in St Germain, WI.

    8599 BIG ST GERMAIN CR, St Germain, WI 54558
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    Turnkey Restaurant in Eagle River
    $335,900
    0.12 Acres

    Turnkey Restaurant in Eagle River

    Turnkey restaurant with established reputation and prime location.

    1343 WALL ST E, Eagle River, WI 54521
    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.

    Commercial Lot Near National Chains
    $329,900
    2.49 Acres

    Commercial Lot Near National Chains

    Prime 2.487-acre commercial lot in Rhinelander, Wisconsin.

    2.487 Acres Spring Road, Rhinelander, WI 54501
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    Pelican Lake Buildable Land
    $55,000
    5.48 Acres

    Pelican Lake Buildable Land

    5.48 acres near Pelican Lake, perfect for building.

    CTH G lot: 22, Pelican Lake, WI 54463
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    Prime Commercial Land in Minocqua
    $1,500,000
    1.02 Acres

    Prime Commercial Land in Minocqua

    Sought-after 1.02-acre commercial land in the heart of Minocqua.

    300 FRONT ST E, 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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    Three Lakes, WI Restaurants Investment Opportunities Market Analysis

    Explore 1 restaurants for sale in Three Lakes, 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 $1,100,000.

    Sale prices for restaurant properties in Three Lakes, WI start at $1,100,000, averaging $1,100,000, and reaching up to $1,100,000 — 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

    Bars & Pubs 1
    Conventional restaurants 1

    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 median listing prices of real estate assets

    Neighborhood Average Price
    54562 $1.1M

    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%

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