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Tipsy Tee Tavern & Mini Golf 699 S Main St 5,400 SF 100% Leased Retail Building Adams, WI 53910 $670,000 ($124.07/SF)



Investment Highlights
- Main bar facility with established operations
- Future building renovations for ice cream shop conversion
- Recently completed mini golf course addition
Executive Summary
This is a rare opportunity to acquire a multi-revenue entertainment destination in the growing, experience-driven Wisconsin Dells market, without the premium price point typically associated with tourist-heavy attractions. Positioned as an affordable, repeat-visit alternative, the business attracts both locals and visitors seeking quality entertainment at an accessible price. Strong visibility, ample parking, and proximity to Castle Rock and Petenwell Lake traffic further support its continued growth and consistent customer draw.
The recent addition of the 18 Hole Mini Golf—now entering its first full operating season—has transformed the property into a true destination, increasing traffic, dwell time, and cross-selling opportunities. Seasonal programming such as Winter Glow Mini Golf further extends revenue potential beyond the traditional peak months, making this a year-round operation. Other renovations are underway to transform a building into a new ice cream shop concept, with renderings available for both interior and exterior design. While the structure currently requires updating, it represents immediate upside for a new owner when renovations are complete to improve drive by appeal, increase per-capita spending, and become the local family destination.
The recent addition of the 18 Hole Mini Golf—now entering its first full operating season—has transformed the property into a true destination, increasing traffic, dwell time, and cross-selling opportunities. Seasonal programming such as Winter Glow Mini Golf further extends revenue potential beyond the traditional peak months, making this a year-round operation. Other renovations are underway to transform a building into a new ice cream shop concept, with renderings available for both interior and exterior design. While the structure currently requires updating, it represents immediate upside for a new owner when renovations are complete to improve drive by appeal, increase per-capita spending, and become the local family destination.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
5,400 SF
Building Class
C
Year Built/Renovated
1975/2025
Price
$670,000
Price Per SF
$124.07
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
1.54 AC
Zoning
C
Parking
40 Spaces (7.41 Spaces per 1,000 SF Leased)
About 699 S MAIN ST , ADAMS, WI 53910
The site features four separate buildings, creating a flexible and scalable layout for multiple income streams. The main bar has undergone major renovations, enhancing both functionality and guest experience. A dedicated commercial kitchen facility services the entire property, providing operational efficiency and significant opportunity to expand food, beverage, and catering operations across all venues.
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 201-00505-0000 | Total Assessment | $185,000 |
| Land Assessment | $23,800 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $161,200 | Tax Year | 2025 |
Property Taxes
Parcel Number
201-00505-0000
Land Assessment
$23,800
Improvements Assessment
$161,200
Total Assessment
$185,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Tipsy Tee Tavern & Mini Golf | 699 S Main St
