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4920 Hwy 47

Rhinelander, WI 54501
  • $449,000
  • STATUS: Active
  • ON SITE: 103 Days
  • MLS #: 215441
Price Reduced
UPDATED: 48 min ago
$449,000
  • 0
    BEDS
  • 1.47
    ACRES
  • 0
    BATHS
  • 2
    1/2 BATHS
  • 3,575
    SQFT
  • $126
    $/SQFT
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

For sale or rent! Backwaters Bar & Grill is a well-established destination on the Boom Lake chain with 275 ft of prime water frontage, direct access to the Wisconsin River, and the snowmobile trail system. Known as a four-season favorite for locals, boaters, and snowmobilers, it offers seating for 75 inside and 45 outside, plus indoor and outdoor bars that capture the stunning Northwoods setting. Multiple piers provide convenient boat parking, and three parcels totaling 1.47 acres give plenty of room for future opportunities. The building was fully remodeled in 2014. Sale includes extensive equipment and supplies, with the potential for training and staff carryover. This turnkey property offers a rare chance to own a piece of Rhinelander’s hospitality scene, perfectly positioned to welcome both year-round residents and seasonal visitors to one of the area’s most beautiful waterfront locations.

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© 2026 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: 2026-04-19T19:07:21.67.
www.dreamnorthre.com/homes/171726778
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4920 Hwy 47 Rhinelander, WI 54501

  • Price: $449,000
  • Status: Active
  • On Site: 103 Days
  • Updated: 48 min ago
  • MLS #: 215441
0
Beds
0
Baths
2
½ Baths
1.47
Acres
3,575
SQFT
$126
$/SQFT
County:
Oneida
Area:
Rhinelander
Property Description
For sale or rent! Backwaters Bar & Grill is a well-established destination on the Boom Lake chain with 275 ft of prime water frontage, direct access to the Wisconsin River, and the snowmobile trail system. Known as a four-season favorite for locals, boaters, and snowmobilers, it offers seating for 75 inside and 45 outside, plus indoor and outdoor bars that capture the stunning Northwoods setting. Multiple piers provide convenient boat parking, and three parcels totaling 1.47 acres give plenty of room for future opportunities. The building was fully remodeled in 2014. Sale includes extensive equipment and supplies, with the potential for training and staff carryover. This turnkey property offers a rare chance to own a piece of Rhinelander’s hospitality scene, perfectly positioned to welcome both year-round residents and seasonal visitors to one of the area’s most beautiful waterfront locations.
Exterior Features

Construction Materials Cedar Frame Wood Siding Exterior Features Handicap Accessible Landscaping Parking Features Unpaved

Interior Features

Accessibility Features Wheelchair Access Heating Forced Air Natural Gas Heating YN Yes Interior Features Storage Security Features Security System Fire Alarm

Property Features

Building Features Recreation Room Handicap Access Sign(s) Business Name Backwaters Bar and Grill Business Type Bar / Tavern / Lounge Restaurant Community Features Recreation Area Frontage Length 275 Frontage Type Lakefront River Inclusions Real Estate and Business Fixtures Equipment Furniture Supplies Lot Features Lake Front Views Ownership Type Fee Simple Property Sub Type Business Public Survey Range 08 Public Survey Section 08 Public Survey Township 37 Road Frontage Type Highway Sewer Conventional Sewer Tax Annual Amount 2430 Tax Year 2024 Township ON Newbold View Water View YN Yes Water Source Drilled Well Waterfront Features Shoreline - Fisherman / Weeds Lake Front River Front Waterfront YN Yes

Listing information © 2026 Northwoods Association of REALTORS® & Greater Northwoods MLS.
Listing provided courtesy of Cecily Dawson of LAKELAND REALTY: (715) 358-5263.



© 2026 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: 2026-04-19T19:07:21.67.
 
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Dream North Real Estate, eXp Realty, LLC
7750 US Hwy 51, Suite C
Minocqua WI, 54548