216 S Shore Dr - Restaurant FOR SALE


Pickerel, WI 54465
$499,900 USD
715-424-1000
216 S Shore Dr, Pickerel, WI for Sale
$499,900 USD
Restaurant - FOR SALE
1/19
null | 10% Cap Rate

216 S Shore Dr
Pickerel, WI 54465


HIGHLIGHTS

  • growing business
  • outdoor venues
  • on snowmobile trail

OVERVIEW

If you're seeking a turn-key investment opportunity, the Campfire Bar and Grill near Pickerel Lake might be your ideal choice. Nestled on 5.2 wooded acres, this establishment offers a rustic, inviting atmosphere with a large bar area featuring a working stone fireplace, pool table, gaming machines, jukebox, dartboard, and high-top tables. The venue is fully equipped with inventory to ensure a seamless transition for new ownership. The spacious dining room and outdoor deck provide ample seating options for patrons. For those who enjoy the outdoors, the property includes an outdoor bar and picnic area, perfect for taking in the natural surroundings. The fully functional kitchen is equipped with coolers, a walk-in freezer, flat top, grill area, and Broaster fryer, ensuring efficient service. Additional storage is available in the basement, which houses a beer cooler. The property also includes a separate 720 sq ft living quarters with two bedrooms, a full bathroom, a 2.5 car garage, and a private deck. Extra rooms and a full bath in the basement offer additional living space. Positioned on an ATV/Snowmobile trail and near several lakes, this location is ideal for attracting outdoor enthusiasts. The current owner is willing to train the new buyer, and all necessary licensing is already in place, making this a hassle-free investment. From Intersections of Hwy 64 and 45 (Antigo), Right on Hwy 45 North to County Rd A, NE towards Hwy 55 N, Left on County Hwy DD, straight to S Shore Rd, property on Right. -- Turnkey operation, possible seller training, inventory and furnishing included, growing bar & grill, established customer base, gaming machine income, bar seating for 35, table seating for 50, 100+ person capacity, outdoor deck seating for 25, outdoor bar with large seating area, 5.2 acres with snowmobile trail through property, 2 bed, 1 bath living quarters with private deck, additional rooms and full bath in basement, 24x40 detached garage

FOR SALE DETAILS

PRICE

$499,900 USD

PRICE/SF

$144 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.2 AC

LAND SF

226,512 SF

ZONING

commercial

APN/PARCEL ID

022-02281-0000

ASK ABOUT THIS PROPERTY

Mark Kelly, ABR, SRESNorth Central Real Estate Brokerage, LLCMore Info
715-424-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Mark Kelly, ABR, SRESNorth Central Real Estate Brokerage, LLCMore Info
715-424-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.