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200 Lake Ave S

Crandon, WI 54520
  • $499,900
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 210881
UPDATED: 66 min ago
$499,900
  • 0
    BEDS
  • 0.55
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 6,600
    SQFT
  • $76
    $/SQFT
Type:
Business Opportunity
Built:
1925
County:
Area:

School Ratings & Info

Description

OWNERS ARE RETIRING! Presented for sale is a well-established, thriving, family-owned restaurant and lounge known for its excellent food and exceptional service. Located in the heart of downtown, this prime business offers a unique opportunity to step into a turn-key operation with a loyal customer base and outstanding reputation. The sale includes both the business and the real estate, providing the buyer with a comprensive package for long-term success. Situated downtown, the restaurant benefits from high visibility and a steady flow of foot traffic. The property also offers ample parking for customers and the establishment boasts divisible banquet rooms, perfect for hosting events of various sizes. There is also a large dining area complemented by a comfortable lounge and bar, ideal for casual dining or an upscale night out. The business is fully equipped, including a 5-tier pizza oven, and comes with all necessary licenses to operate smoothly.

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© 2025 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2025-04-27T12:07:36.327.
www.dreamnorthre.com/homes/161311338
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200 Lake Ave S Crandon, WI 54520

  • Price: $499,900
  • Status: Active
  • On Site: 46 Days
  • Updated: 66 min ago
  • MLS #: 210881
0
Beds
2
Baths
0
½ Baths
0.55
Acres
6,600
SQFT
$76
$/SQFT
1925
Built
County:
Forest
Area:
Crandon
Property Description
OWNERS ARE RETIRING! Presented for sale is a well-established, thriving, family-owned restaurant and lounge known for its excellent food and exceptional service. Located in the heart of downtown, this prime business offers a unique opportunity to step into a turn-key operation with a loyal customer base and outstanding reputation. The sale includes both the business and the real estate, providing the buyer with a comprensive package for long-term success. Situated downtown, the restaurant benefits from high visibility and a steady flow of foot traffic. The property also offers ample parking for customers and the establishment boasts divisible banquet rooms, perfect for hosting events of various sizes. There is also a large dining area complemented by a comfortable lounge and bar, ideal for casual dining or an upscale night out. The business is fully equipped, including a 5-tier pizza oven, and comes with all necessary licenses to operate smoothly.
Exterior Features

Construction Materials Frame Stone Stucco Exterior Features Handicap Accessible Parking Features Handicap Private Roof Rubber

Interior Features

Accessibility Features Wheelchair Access Cooling Central Air Cooling YN Yes Electric Circuit Breakers Flooring Mixed Heating Forced Air Propane Heating YN Yes Interior Features Storage

Property Features

Building Features Handicap Access Sign(s) Business Name Lake Avenue & Lounge Business Type Bar / Tavern / Lounge Restaurant Community Features Sidewalks Inclusions Real Estate and Business Furniture Lease Term None Lot Features Level Ownership Type Fee Simple Property Sub Type Business Public Survey Range 13 E Public Survey Section 30 Public Survey Township 36 N Road Frontage Type City Street Sewer Public Sewer Tax Annual Amount 3411 Tax Year 2024 Township FO Crandon City Utilities Cable Available High Speed Internet Connected Water Source Public Waterfront YN No

Listing information © 2025 Northwoods Association of REALTORS® & Greater Northwoods MLS.
Listing provided courtesy of Richard Denton of RADENTON REALTY LLC: 715-902-0509.



© 2025 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2025-04-27T12:07:36.327.
 
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Dream North Real Estate, eXp Realty, LLC
7750 US Hwy 51, Suite C
Minocqua WI, 54548