N12808 Northway Dr - Restaurant FOR SALE


Athelstane, WI 54104
$439,900 USD
920-621-6719
N12808 Northway Dr, Athelstane, WI for Sale
$439,900 USD
Restaurant - FOR SALE
1/65
null | Request Cap Rate

N12808 Northway Dr
Athelstane, WI 54104


HIGHLIGHTS

  • Established Turnkey Restaurant & Supper Club
  • Iconic Northwoods Destination Business
  • Business, Real Estate & Equipment Included
  • Direct Access to ATV/UTV & Snowmobile Trail Systems
  • Established Loyal Customer Base
  • Excellent Corner Location with High Visibility

OVERVIEW

Own a Northwoods Landmark! The iconic Nimrod Inn in Athelstane, Wisconsin, is now offered for sale. This established turnkey restaurant and supper club has been serving locals, vacationers, and outdoor enthusiasts for generations and is ideally located at the crossroads of some of northeastern Wisconsin's most popular ATV/UTV and snowmobile trail systems. With year-round traffic, excellent visibility, and a loyal customer base, this is an exceptional opportunity to own a destination business in the heart of recreation country. The offering includes the real estate, established business, business name, and equipment, allowing for a seamless transition to new ownership. The building offers approximately 4,127 square feet on a 0.52-acre commercial corner lot with onsite and street parking, private well, mound septic system, central air, forced-air heat, and food and liquor licenses. The upper level is currently utilized for business storage but was formerly configured as a two-bedroom, one-bath apartment. A new owner may wish to explore converting the space back into living quarters for owner occupancy, employee housing, or potential rental income, subject to any required approvals. Whether you're an experienced restaurateur looking to expand, an entrepreneur searching for a lifestyle business, or an investor seeking a well-known commercial property with established goodwill, the Nimrod Inn offers tremendous potential. Continue the long-standing tradition that has made this a favorite Northwoods destination or bring your own vision to this beloved establishment. Opportunities to purchase an iconic business with this level of name recognition and trail access are rare. Schedule your private tour today and discover everything the Nimrod Inn has to offer.

FOR SALE DETAILS

PRICE

$439,900 USD

PRICE/SF

$85 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,609 SF

ZONING

G2

APN/PARCEL ID

004-00289.001

ASK ABOUT THIS PROPERTY

Kathryn ConardVenture Real Estate CoMore Info
920-621-6719

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Kathryn ConardVenture Real Estate CoMore Info
920-621-6719

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