2855 29Th AveBirchwood, WI 54817

  • Other commercial real estate
  • 2.18 AC
For Sale
$1,200,000 View listing

Property Details for 2855 29Th Ave

Lot size
2.18 AC
Property type
Other commercial real estate
APN
010-1100-05-000
APU
10110005000

Description

This exceptional commercial property, located at 2855 29th Avenue in Birchwood, Wisconsin, presents a lucrative business opportunity. Boasting 11,214 square feet on a 2.18-acre lot, this established restaurant and bar enjoys a prime location on prestigious Red Cedar Lake. The property features approximately 360 feet of waterfront access, providing ample space for public docking and outdoor dining. The expansive commercial kitchen is equipped to handle large-scale events, including weddings, golf tournaments, and community gatherings. A remodeled bar area with an oversized patio offers additional seating and relaxation space, overlooking the lake and golf course. The business benefits from a strong, established clientele base, drawing from the Twin Cities and the over 17,000 annual golfers at the nearby course, as well as residents of the surrounding Loch Lomond beach club residential area. A fully stocked lakeside pump house bar, complete with a bandstand, provides a unique entertainment venue with stunning waterfront views. Further enhancing the income potential is a leased pro shop located within the building. The property's website, ironsrestaurantandpub.com, offers additional details. This turnkey operation is priced at $1,200,000 and represents a rare opportunity to acquire a thriving lakeside business with significant growth potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $19,983,922
    Hospitality
    $18,305,166
    Educational
    $15,229,683
    Medical
    $15,753,455
    Retail
    $23,690,618
2855 29Th Ave, Birchwood, Wisconsin

Location Insight

City
Birchwood
County
Barron
State
Wisconsin
Latitude
45.6235
Longitude
-91.5703

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,645
$104,000
$455,400
$559,400
-
-
-
$943,400

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