For Sale
$549,000

4920 State Hwy Rhinelander, WI 54501

Established Rhinelander Restaurant with Water Frontage

Overview

Added:
Feb 3
Days on market:
78
Backwaters Bar & Grill, located at 4920 State Highway 47 in Rhinelander, WI, presents a unique turnkey commercial real estate opportunity. This well-established restaurant boasts 3,575 square feet of space on a 1.47-acre lot with 275 feet of desirable water frontage on the Boom Lake chain, offering prime access to the Wisconsin River and nearby trails. The property includes three parcels and features both indoor and outdoor seating for a total of 120 guests, along with indoor and outdoor bars. A significant advantage is its direct access to the snowmobile trail system, making it a year-round destination for locals, boaters, and snowmobilers alike. The building underwent a remodel in 2014 and includes an accessory building/shed suitable for office space or storage. The sale includes all existing equipment, supplies, and the opportunity for staff carryover and training. High highway traffic counts of 4300 vehicles per day on State Highway 47 further enhance the property's visibility and potential. This established business offers a compelling investment opportunity with significant potential for growth. All data should be independently verified.

Property Details for 4920 State Hwy

Property type
Commercial real estate
Square Feet
3,575 SF
Year Built
1960
Lot Size (sq. ft)
64,033 SF

Location Insight

City
Rhinelander
County
ONEIDA
State
Wisconsin
Latitude
45.70388
Longitude
-89.51229

FAQs

What type of property is this?
Commercial real estate - Established Rhinelander Restaurant with Water Frontage
Where is the commercial real estate located?
The property is located at 4920 State Hwy Rhinelander, WI.
What is the asking price?
The asking price for this property is $549,000.
How can I contact the broker?
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4920 State Hwy
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