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    Tomahawk, WI
    Restaurants

    Tomahawk, WI Restaurants for Sale

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    Renovated Downtown Wine Bar Restaurant
    Updated: Jul 2
    Renovated Downtown Wine Bar Restaurant

    124 WISCONSIN AVE W, Tomahawk, WI 54487

    $550,000
    0.07 AC lot
    Renovated restaurant and wine bar on Wisconsin Avenue in downtown Tomahawk
    Food and beverage operation includes wine, craft beer, cocktails, and small plates
    Three bathrooms support the existing hospitality layout
    Brick, frame, and wood siding construction
    Forced‑air natural gas heating and central air conditioning
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    Historic Bar Property with Event Space
    Updated: Mar 26
    Historic Bar Property with Event Space

    N11050 CTH A, Tomahawk, WI 54487

    $289,950
    1.15 AC lot
    1.15 wooded acres along a county highway
    Former 1940s supper club and bar in Tomahawk, WI
    Open main‑floor dining and event area with existing bar
    Upstairs two‑room office or ancillary space
    Three restrooms and a screened smoking porch
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    Lakefront Supper Club Restaurant
    Lakefront Supper Club Restaurant

    W6041 NORTHERN LIGHTS CIR, Tomahawk, WI 54487

    $325,000
    0.05 AC lot

    Waterfront dining venue with a bar, commercial kitchen, and seasonal outdoor deck.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Historic Roadhouse with Recreational Potential
    Historic Roadhouse with Recreational Potential

    N11050 County Road A, Tomahawk, WI 54487

    $289,950
    1.00 AC lot

    Former supper club/bar with acreage and recreational opportunities.

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    Freestanding Pizza Restaurant
    Freestanding Pizza Restaurant

    1122 N 4th St, Tomahawk, WI 54487

    Contact for pricing

    Fee-simple ownership of a standalone restaurant property associated with Pizza Hut.

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    Remodeled Corner Pub
    Remodeled Corner Pub

    8 W Wisconsin Ave, Tomahawk, WI 54487

    Contact for pricing

    Bar area includes built-in coolers, taps, entertainment space, three bathrooms, and separate upstairs living quarters.

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    Established Coffee Shop with Garden Seating
    Established Coffee Shop with Garden Seating

    16 W Wisconsin Avenue, Tomahawk, WI 54487

    Contact for pricing

    Includes kitchen and dining equipment with both indoor and outdoor customer seating.

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    Remodeled Bar and Restaurant
    Remodeled Bar and Restaurant

    433 S Tomahawk Ave, Tomahawk, WI 54487

    Contact for pricing

    Remodeled bar and restaurant with seating for 25-plus bar stools, pool table game area, and a private party room.

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    Lakefront Pub with Seasonal Deck
    Lakefront Pub with Seasonal Deck

    N11980 County Rd Y, Tomahawk, WI 54487

    Contact for pricing

    Updated kitchen, lake access, and seasonal outdoor seating support the established pub and eatery.

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    Downtown Restaurant with Apartments
    Downtown Restaurant with Apartments

    204 W Wisconsin Ave, Tomahawk, WI 54487

    Contact for pricing

    Restaurant building with two upstairs apartments, including one freshly updated and one currently rented monthly for $550.

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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 10 Active listings in Tomahawk, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Turn-Key Restaurant on Corner Lot
    Turn-Key Restaurant on Corner Lot

    900 N Center Ave, Merrill, WI 54452

    $250,000
    2,004 sqft 0.71 AC lot

    Turn-key restaurant property on a corner lot with existing commercial kitchen setup and ample parking for a quick start.

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    Pub with Apartment Units
    Pub with Apartment Units

    5340 Bridge, Rhinelander, WI 54543

    $330,000
    7,300 sqft 5.80 AC lot

    Established pub property with bar, banquet dining, multiple apartments, storage facilities, and recreational vehicle access on a level site.

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    Restaurant and Bar with Upstairs Residence
    Restaurant and Bar with Upstairs Residence

    705 4TH ST N, Merrill, WI 54487

    $489,900
    0.70 AC lot

    Includes a horseshoe bar, equipped kitchen, dining area, garage, and driveway parking.

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    Turnkey Restaurant Business
    Turnkey Restaurant Business

    400 PELHAM ST S, Rhinelander, WI 54501

    $135,000

    Turnkey restaurant business operating from a leased downtown space with public utilities and natural gas forced-air heating.

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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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    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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    B-2 Commercial Land
    B-2 Commercial Land

    PLAZA DR lot: 11, Minocqua, WI 54548

    $199,900
    1.20 AC lot

    Level, cleared development parcel with public utilities and access from Plaza Drive.

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    Off-Market Properties in Tomahawk, WI

    Consider similar Off-Market properties in Tomahawk, WI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    W7318 Wi-86
    Restaurants

    W7318 Wi-86, Tomahawk, WI 54487

    Value Estimation by Request
    6,500 sqft 1.50 AC lot
    View details

    Tomahawk, WI Restaurants Market Trends and Statistics

    Explore 11 restaurants for sale in Tomahawk, WI, showcased through 10 active listings on our real estate platform.

    Sale prices for restaurant properties in Tomahawk, WI start at $289,950, averaging $363,725, and reaching up to $550,000 — 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 7
    Conventional restaurants 6
    Breakfast & diners 1
    Coffee shops 1
    Commercial kitchens 1

    Demographics Overview

    Population 9,740
    Population Growth (5Y) +1.6%
    Median Household Income $76,712
    College Educated 15.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    54487 $363.7K

    Taxes & Financing

    Tax Rate (average for all types) 1.71%
    Tax Rate vs County Average 0.74 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Featured Tomahawk Real Estate Agencies

    Realmo connects you with licensed Tomahawk CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Century 21 Best Way Realty
    24 W. Wisconsin Ave. Tomahawk, WI 54487
    Phone: 17154533365
    www.century21bestway.com

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