1002 HWY 32, Three Lakes, WI 54562
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1002 HWY 32, Three Lakes, WI 54562
1002 HWY 32, Three Lakes, WI 54562
1002 HWY 32, Three Lakes, WI 54562
1002 HWY 32, Three Lakes, WI 54562
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Mike Swisher

Mike Swisher

+1(715) 437-0181
$ 555,000
Est. payment /mo
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Price Dropped by $20K

1002 HWY 32 Three Lakes, WI 54562

2 Baths

1,780 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,780 sqft

Price per Sqft $311

MLS Listing ID 219316

Half Baths 2

HOA Y/N No

Annual Tax Amount $1,562

Tax Year 2025

Lot Size 0.390 Acres

Acres 0.3899908

Property Sub-Type Business

Property Description

Northwoods Bar & Grill in Three Lakes, Wisconsin - Turnkey business opportunity in prime recreational tourism market! Own a piece of Northwoods history with 32 South Bar & Grill, a well-established and iconic business in a quaint, resort-driven community. Surrounded by forests and lakes, and located just off the Three Lakes/Eagle River Chain of Lakes and on historic memorial Highway 32, this well-known destination benefits from a reliable local following, steady tourist traffic, and a strong year-round revenue stream. The location offers exceptional recreational tourism access, within walking-distance to a campground, airport, golf course, resort, boat launch, and marina, plus direct access to snowmobile and ATV trails. The property features classic Northwoods character/rustic charm, along with several distinctive amenities, including an air-stream VIP Room, a heated and air-conditioned garage bar, an outdoor stage, and a fenced-in outdoor area suitable for concerts, private parties and gatherings. Current ownership has invested heavily back into the business, addressing building and equipment needs and making numerous improvements and upgrades. Recent improvements include: new freezers/refrigerators/coolers; upgraded parking lot, septic system, and electrical system; new fencing and gates; new bar flooring and subfloor, along with other investments designed to strengthen the operation and enhance customer experience. High-speed internet and natural gas add to the property's functionality. The business also features 5 gaming machines, an air hockey table, foosball table, pool table, 2 dart boards, 2 juke boxes, and additional games, all generating significant additional revenue. Healthy financial reports and a proven operating history provide an excellent foundation for a new owner to build upon. Don't miss this unique opportunity to own a thriving turnkey Northwoods bar and grill in an established and recognizable destination market. Life is great North of 8!

Location

State WI

County Oneida

Direction HWY 45 South to HWY 32 South to address.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Vinyl, Wood

Inclusions Real Estate and Business, Fixtures, Equipment, Furniture

Fireplace No

Exterior

Exterior Feature Fence

Utilities Available Cable Available, High Speed Internet Connected

Water Access Desc Drilled Well

Roof Type Composition,Shingle

Road Frontage Highway

Building

Story 1

Sewer Conventional Sewer

Water Drilled Well

Others

Tax ID 03601-0478-0002

Ownership None

Listed by REDMAN REALTY GROUP, LLC

NEARBY SCHOOLS & PROPERTIES

Mike Swisher

Mike Swisher

Agent

+1(715) 437-0181

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