For Sale
$1,499,000

8085 Hwy Minocqua, WI 54548

Profitable Bowling Alley & Lounge - Hwy 51

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional business opportunity presents Island City Lanes & Lounge, a well-established bowling center with a full-service lounge and restaurant. Located on Highway 51 in Minocqua, Wisconsin, this mixed-use property boasts 15,624 square feet on a 1.65-acre lot. The facility features 12 synthetic bowling lanes, a spacious sports bar ideal for attracting patrons during sporting events, and a dedicated game room for children. The property benefits from a strong local clientele, consistent seasonal tourist traffic, and eight established bowling leagues. Additional amenities include a large parking lot, fiber optic internet access, a 16' x 24' storage garage, city sewer and water services, and natural gas. The property also features a prominent Island City Lanes Smart Sign on Highway 51, ensuring high visibility. Financial records reflect an excellent business with strong performance. This turnkey operation is offered at $1,499,000, representing a price per square foot of $95.94. The property has two listed addresses: 8085 U.S. Hwy 51, Minocqua, WI 54548 and 8085 State Hwy 70 E, Saint Germain, WI 54558. This is a rare opportunity to acquire a thriving business with significant growth potential in a desirable Wisconsin location.

Highlights

  • $1,499,000 asking price.
  • Established bowling alley, lounge, and restaurant business for sale.
  • 15,624 square feet on a 1.65-acre lot.
  • Located on Hwy 51 in Minocqua, WI, with strong local and tourist traffic.
  • Features 12 synthetic bowling lanes, a large sports bar, game room, and ample parking.

Property Details for 8085 Hwy

Property type
Mixed-use properties, Hospitality properties
Square Feet
15,624 SF
Buildings
1
Lot Size (sq. ft)
71,874 SF

Location Insight

City
Minocqua
County
Oneida
State
Wisconsin
Latitude
45.8550477
Longitude
-89.704779

FAQs

What type of property is this?
Mixed-use property - Profitable Bowling Alley & Lounge - Hwy 51
Where is the mixed-use property located?
The property is located at 8085 Hwy Minocqua, WI.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: $1,499,000 asking price.; Established bowling alley, lounge, and restaurant business for sale.; 15,624 square feet on a 1.65-acre lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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8085 Hwy
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