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W7944 Perkinstown Ave
Medford, WI 54451
Turtle Club · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 0.90 acres along Mud Lake, plus includes a 1.18 acre lot across the street for extra parking
  • Knotty cedar accent throughout with vaulted ceilings and stunning fireplace
  • 100 max capacity - tables (75) and seating along the bar (25)
  • Well-maintained interior and exterior, owner-ran company with great local reputation
  • One level restaurant / bar - no basement / slab on grade
  • Social lake setting with 3 nearby lakes - Clear Lake, Mud Lake and Esadore Lake

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,322 SF
Building Class
C
Year Built
2001
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.06
Lot Size
0.90 AC
Zoning
Commercial - G2 - Commercial
Parking
30 Spaces (12.92 Spaces per 1,000 SF Leased)

ABOUT W7944 PERKINSTOWN AVE , MEDFORD, WI 54451

Business opportunity to purchase a well-known supper club restaurant & bar, The Turtle Club, along with the valuable real estate seated on 0.90 acres along Mud Lake (just across the street from Esadore Lake and just down from Clear Lake), plus includes a 1.18 acre lot across the street for extra parking. Breathtaking views from the inside-out, with a spacious patio with an included 4x16 ft dock. Well-maintained interior and exterior, owner-ran company with great local reputation and well-cared-for over the years. The interior features beautiful knotty cedar accent throughout with vaulted ceilings, center fireplace with floor-to-ceiling stone surround and hearth. Ample seating capacity with some built-in booths, traditional diner tables, bar tables (capacity - 75) and seating along the bar (capacity - 25) totaling 100 max capacity. Comfortable and inviting 'Wisconsin Midwest' feel throughout! Spacious kitchen area with high-end equipment for handling ample orders, designed for efficiency and multiple cook staff. The property also features two single-stall restrooms. This property offers a turn-key business opportunity or potential opportunity for a future owner to convert the space to a single family home on the water! Mud Lake has a max. depth of 20 ft and is a no-wake lake but boaters can still operate a gas motor / pontoon and still enjoy the water (just no wake) or cast a line and do some fishing (sunfish, bass, crappie, northern, walleye, you name it)! Esadore Lake allows a wake and is a very recreational lake during the summer connecting to Clear Lake through the culvert. All 3 lakes are social during the winter with ice fishing, snowmobiling - there's plenty to do during all seasons. Call for more information today!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
020-00026-0040
Land Assessment
$28,500
Improvements Assessment
$284,600
Total Assessment
$313,100
  • Listing ID: 25358560

  • Date on Market: 3/30/2022

  • Last Updated:

  • Address: W7944 Perkinstown Ave, Medford, WI 54451

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