419 N Railroad St - Restaurant FOR SALE


Eagle River, WI 54521
$1,450,000 USD
612-889-8100
419 N Railroad St, Eagle River, WI for Sale
$1,450,000 USD
Restaurant - FOR SALE
1/11
null | Request Cap Rate

419 N Railroad St
Eagle River, WI 54521


HIGHLIGHTS

  • Turn-key, waterfront supper club with boat slips and tiki bar on the world’s largest chain of freshwater lakes.
  • Highly successful, year-round business with strong local following and tourist traffic from both summer boating and winter snowmobiling.
  • Optional adjacent home available—ideal for owner-occupancy, staff housing, or additional rental income.

OVERVIEW

Eddie B’s White Spruce is a well-established Northwoods supper club and tavern in Eagle River, Wisconsin, known for its authentic log-cabin atmosphere, classic Wisconsin hospitality, and loyal year-round following. Operating from a historic riverfront building, the restaurant delivers the quintessential supper club experience—prime rib, fish fry, hand-crafted cocktails, and warm, inviting dining spaces that attract both locals and visitors alike. The property benefits from a premier location along the Eagle River Chain of Lakes, offering dockage, an expansive riverside deck, and seasonal tiki bar that drive strong summer traffic, while snowmobile trail access supports winter demand. The business is fully equipped and turn-key, with a proven operating layout designed for high-volume service and events. An adjacent riverfront parcel with a residence is included as part of the offering, providing added flexibility for owner occupancy, staff housing, or future use, while preserving the core identity of Eddie B’s as a destination supper club.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$439 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Eddy B's White Spruce Inn

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1884

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

C-2

APN/PARCEL ID

221-237

ASK ABOUT THIS PROPERTY

Rick GuntzelHSC Business BrokersMore Info
612-889-8100

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

Rick GuntzelHSC Business BrokersMore Info
612-889-8100

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