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Tipsy Tee Tavern & Mini Golf 699 S Main St 5,400 SF 100% Leased 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
Recently reduced from $625,000 to $450,000, this is an exceptional opportunity to acquire a multi-revenue entertainment destination in the growing, experience-driven Wisconsin Dells market. Unlike many tourist-oriented attractions that require significant capital investment, Tipsy Tee Tavern & Mini Golf offers an affordable entry point with established operations, real estate ownership, and multiple avenues for future growth.
Positioned as a family-friendly, repeat-visit destination, the business attracts both local residents and visitors seeking quality entertainment at an accessible price. Strong highway visibility, ample parking, and convenient access to Castle Rock Lake, Petenwell Lake, and Wisconsin Dells tourism traffic support consistent customer activity throughout the year.
The recently added 18-hole mini golf course is entering its first full operating season and has already elevated the property's appeal as a destination venue. The attraction increases customer traffic, extends visit duration, and creates valuable cross-selling opportunities for food, beverage, and future entertainment offerings. Seasonal concepts such as Winter Glow Mini Golf provide additional revenue opportunities beyond the traditional summer season, helping create a more stable year-round business model.
Additional upside exists through the planned conversion of a separate building into an ice cream shop. Concept renderings for both the interior and exterior are available, giving a new owner a clear roadmap for expansion. While the structure currently requires updating, the project offers a compelling opportunity to enhance curb appeal, increase per-customer spending, and further establish the property as a family entertainment destination for the greater Adams County and Wisconsin Dells markets.
Positioned as a family-friendly, repeat-visit destination, the business attracts both local residents and visitors seeking quality entertainment at an accessible price. Strong highway visibility, ample parking, and convenient access to Castle Rock Lake, Petenwell Lake, and Wisconsin Dells tourism traffic support consistent customer activity throughout the year.
The recently added 18-hole mini golf course is entering its first full operating season and has already elevated the property's appeal as a destination venue. The attraction increases customer traffic, extends visit duration, and creates valuable cross-selling opportunities for food, beverage, and future entertainment offerings. Seasonal concepts such as Winter Glow Mini Golf provide additional revenue opportunities beyond the traditional summer season, helping create a more stable year-round business model.
Additional upside exists through the planned conversion of a separate building into an ice cream shop. Concept renderings for both the interior and exterior are available, giving a new owner a clear roadmap for expansion. While the structure currently requires updating, the project offers a compelling opportunity to enhance curb appeal, increase per-customer spending, and further establish the property as a family entertainment destination for the greater Adams County and Wisconsin Dells markets.
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
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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Map
Contact the Sale Advisor
Tipsy Tee Tavern & Mini Golf | 699 S Main St
