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Tipsy Tee Tavern & Mini Golf 699 S Main St 5,400 SF Vacant Retail Building Adams, WI 53910 $450,000 ($83.33/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
Important Property Update
Please note that the previous business has permanently ceased operations. This offering is now being marketed as a commercial real estate opportunity and is no longer being sold as an operating business.
As a result, historical financial statements, cash flow information, and operational records are not available for buyer review. The value of this offering lies in the real estate, existing improvements, commercial infrastructure, and redevelopment potential.
The property includes approximately 8,000 square feet across four buildings situated on 1.5 acres, featuring a renovated commercial building with a fully equipped kitchen, an 18-hole miniature golf course, ample parking, and additional structures suitable for a variety of commercial uses.
Ideal for entrepreneurs, investors, restaurateurs, breweries, event operators, family entertainment concepts, or businesses seeking a highly visible commercial property with significant existing infrastructure.
Located just outside the Wisconsin Dells tourism corridor and serving both local residents and seasonal visitors traveling to Castle Rock Lake, Petenwell Lake, and surrounding recreational destinations, the property offers excellent visibility, ample parking, and year-round exposure. Whether reopened as a restaurant and entertainment venue or repurposed for an entirely new commercial use, the infrastructure is already in place to support numerous business models.
Please note that the previous business has permanently ceased operations. This offering is now being marketed as a commercial real estate opportunity and is no longer being sold as an operating business.
As a result, historical financial statements, cash flow information, and operational records are not available for buyer review. The value of this offering lies in the real estate, existing improvements, commercial infrastructure, and redevelopment potential.
The property includes approximately 8,000 square feet across four buildings situated on 1.5 acres, featuring a renovated commercial building with a fully equipped kitchen, an 18-hole miniature golf course, ample parking, and additional structures suitable for a variety of commercial uses.
Ideal for entrepreneurs, investors, restaurateurs, breweries, event operators, family entertainment concepts, or businesses seeking a highly visible commercial property with significant existing infrastructure.
Located just outside the Wisconsin Dells tourism corridor and serving both local residents and seasonal visitors traveling to Castle Rock Lake, Petenwell Lake, and surrounding recreational destinations, the property offers excellent visibility, ample parking, and year-round exposure. Whether reopened as a restaurant and entertainment venue or repurposed for an entirely new commercial use, the infrastructure is already in place to support numerous business models.
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
$450,000
Price Per SF
$83.33
Percent Leased
Vacant
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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Tipsy Tee Tavern & Mini Golf | 699 S Main St