419 N Railroad St - Restaurant FOR SALE


Eagle River, WI 54521 | 
$895,000 USD
612-889-8100
419 N Railroad St, Eagle River, WI for Sale
$895,000 USD
Restaurant - FOR SALE
1/11
null | Request Cap Rate

419 N Railroad St
Eagle River, WI 54521


HIGHLIGHTS

  • Established Northwoods supper club and tavern in a distinctive Eagle River waterfront setting.
  • Direct water access, dockage, expansive riverside deck and seasonal tiki bar along the Eagle River Chain of Lakes.
  • Year-round destination supported by local residents, tourism, boating, fishing and nearby snowmobile trail access.

OVERVIEW

Eddie B’s White Spruce Inn 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. The restaurant offers a distinctive waterfront dining experience that appeals to both local residents and area visitors. Located along the Eagle River Chain of Lakes, the property features direct water access, dockage, an expansive riverside deck and seasonal tiki bar that create a strong outdoor experience during the warmer months. Nearby snowmobile trail access extends the property’s appeal throughout the winter. The approximately 3,300-square-foot restaurant includes a commercial kitchen, full-service bar and flexible dining areas designed to accommodate everyday service, groups and special events. The $895,000 asking price includes the business, restaurant real estate and furniture, fixtures and equipment. Inventory is not included in the asking price and will be addressed separately at closing. An adjacent riverfront residential property owned by the seller may also be available to an interested purchaser through separate negotiation. The residence is not included in the $895,000 asking price.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$271 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Eddie 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

0.5 AC

LAND SF

21,780 SF

ZONING

Commercial 2

APN/PARCEL ID

221-237

ASK ABOUT THIS PROPERTY

Rick GuntzelHSC Business BrokersMore Info
612-889-8100

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Rick GuntzelHSC Business BrokersMore Info
612-889-8100

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