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N12808 Northway Dr 5,164 SF Retail Building Athelstane, WI 54104 $439,900 ($85.19/SF)
Investment Highlights
- Established Turnkey Restaurant & Supper Club
- Business, Real Estate & Equipment Included
- Established Loyal Customer Base
- Iconic Northwoods Destination Business
- Direct Access to ATV/UTV & Snowmobile Trail Systems
- Excellent Corner Location with High Visibility
Executive Summary
Own a Northwoods Landmark! The iconic Nimrod Inn in Athelstane, Wisconsin, is now offered for sale. This established turnkey restaurant and supper club has been serving locals, vacationers, and outdoor enthusiasts for generations and is ideally located at the crossroads of some of northeastern Wisconsin's most popular ATV/UTV and snowmobile trail systems. With year-round traffic, excellent visibility, and a loyal customer base, this is an exceptional opportunity to own a destination business in the heart of recreation country.
The offering includes the real estate, established business, business name, and equipment, allowing for a seamless transition to new ownership. The building offers approximately 4,127 square feet on a 0.52-acre commercial corner lot with onsite and street parking, private well, mound septic system, central air, forced-air heat, and food and liquor licenses.
The upper level is currently utilized for business storage but was formerly configured as a two-bedroom, one-bath apartment. A new owner may wish to explore converting the space back into living quarters for owner occupancy, employee housing, or potential rental income, subject to any required approvals.
Whether you're an experienced restaurateur looking to expand, an entrepreneur searching for a lifestyle business, or an investor seeking a well-known commercial property with established goodwill, the Nimrod Inn offers tremendous potential. Continue the long-standing tradition that has made this a favorite Northwoods destination or bring your own vision to this beloved establishment.
Opportunities to purchase an iconic business with this level of name recognition and trail access are rare. Schedule your private tour today and discover everything the Nimrod Inn has to offer.
The offering includes the real estate, established business, business name, and equipment, allowing for a seamless transition to new ownership. The building offers approximately 4,127 square feet on a 0.52-acre commercial corner lot with onsite and street parking, private well, mound septic system, central air, forced-air heat, and food and liquor licenses.
The upper level is currently utilized for business storage but was formerly configured as a two-bedroom, one-bath apartment. A new owner may wish to explore converting the space back into living quarters for owner occupancy, employee housing, or potential rental income, subject to any required approvals.
Whether you're an experienced restaurateur looking to expand, an entrepreneur searching for a lifestyle business, or an investor seeking a well-known commercial property with established goodwill, the Nimrod Inn offers tremendous potential. Continue the long-standing tradition that has made this a favorite Northwoods destination or bring your own vision to this beloved establishment.
Opportunities to purchase an iconic business with this level of name recognition and trail access are rare. Schedule your private tour today and discover everything the Nimrod Inn has to offer.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,164 SF
Building Class
B
Year Built
1920
Price
$439,900
Price Per SF
$85.19
Tenancy
Single
Building Height
2 Stories
Building FAR
0.23
Lot Size
0.52 AC
Zoning
G2 - Commercial
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 004-00289.001 | Improvements Assessment | $216,100 |
| Land Assessment | $6,200 | Total Assessment | $222,300 |
Property Taxes
Parcel Number
004-00289.001
Land Assessment
$6,200
Improvements Assessment
$216,100
Total Assessment
$222,300
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N12808 Northway Dr