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20340527
20340555

4920 Hwy 47, Rhinelander, WI 54501 For Sale

RH
WI 1104
Lakeland Realty
Lakeland Realty
Listed by Lakeland Realty
$409,000
646 days on market
Updated 1 day ago

Backwaters Bar and Grill

Details
Property Type Business for Sale, Hospitality (+1)
Sub Type Bar, Restaurant
Square Footage 3,575
Lease Expiration 04/06/2025
Price per SqFt $154
Broker Co-Op Yes
Buildings 1
Stories 1
Acreage 1.470
Zoning Buyer to verify
Parking Spaces 50 spaces
Parking per 1,000 SqFt 13.99

Backwaters Bar and Grill

Marketing description

PT SE SE .53CA/.51SA EXC Row (V231-P215) (Backwaters Rest & Lounge) See SM B5227 SM B4911

Turnkey with dedicated staff in place! Backwaters Bar & Grill is a well-established destination on the northern end of the Boom Lake chain, offering prime access to the Wisconsin River and nearby trails. This dining favorite is a year-round staple in Rhinelander for locals, boaters and snowmobilers, thanks to its direct access to the snowmobile trail system. Multiple piers are in place for boat parking on the 275 feet of water frontage. With seating for 75 guests inside and 45 guests outside, and indoor and outdoor bars, Backwaters offers endless ways for guests to enjoy the stunning surroundings. The sale includes three parcels totaling 1.47 acres, ensuring plenty of space for future opportunities. The building was remodeled in 2014, and has the addition of an accessory building/shed for use as an office or for storage. Extensive equipment list and supplies will be included in the sale, along with training and staff carryover.

Investment highlights

  • Lot Size (sqft): 64,033
  • Zoning Type: Buyer to verify, Buyer to Verify

Listing Contacts

RH
WI 1104
Lakeland Realty
Lakeland Realty
Listed by Lakeland Realty

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Additional Information

Name
Ryan Hanson
License
1104
Brokerage
Lakeland Realty
Title
Realtor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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