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23811118
23811119

419 N Railroad St, Eagle River, WI 54521

RG
WI 59429-90, MN 40812265
HSC Business Brokers
Listed by HSC Business Brokers
$1,399,000
386 days on market
Updated 40 days ago

Eddie B's White Spruce Inn

Details
APN 221-237
Property Type Retail
Sub Type Restaurant
Square Footage 3,300
Occupancy 100%
Tenancy Single
Broker Co-Op Yes
Year Built 1884
Year Renovated 2019
Buildings 2
Stories 1
Acreage 0.510
Zoning Commercial
Parking Spaces 40 spaces
Parking Per SqFt 12.12
Investment Type Owner/User
Occupancy Date 06/07/2025
Ownership Fee Simple

Turn-key, waterfront supper club with boat slips and tiki bar on the world’s largest chain of freshw

Marketing description

Eddie B’s White Spruce is a well-established Northwoods supper club and tavern in Eagle River, Wisconsin, known for its authentic log-cabin atmosphere, classic Wisconsin hospitality, and loyal year-round following. Operating from a historic riverfront building, the restaurant delivers the quintessential supper club experience—prime rib, fish fry, hand-crafted cocktails, and warm, inviting dining spaces that attract both locals and visitors alike.

The property benefits from a premier location along the Eagle River Chain of Lakes, offering dockage, an expansive riverside deck, and seasonal tiki bar that drive strong summer traffic, while snowmobile trail access supports winter demand. The business is fully equipped and turn-key, with a proven operating layout designed for high-volume service and events.

An adjacent riverfront parcel with a residence is included as part of the offering, providing added flexibility for owner occupancy, staff housing, or future use, while preserving the core identity of Eddie B’s as a destination supper club.

Investment highlights

  • Iconic Northwoods Supper Club with decades of brand recognition and loyal year-round customer base

  • Prime Waterfront Location on the Eagle River Chain of Lakes with dockage, outdoor deck, and tiki bar

  • Turn-Key Restaurant & Tavern featuring classic supper club menu, full bar, and proven operating layout

  • Strong Seasonal & Year-Round Demand driven by boating, tourism, and snowmobile traffic

  • Historic Log-Cabin Facility offering authentic ambiance that cannot be replicated

  • High-Visibility Site near downtown Eagle River with on-site parking and easy access

  • Additional Riverfront Parcel Included with residence, providing optional owner housing, rental income, or staff accommodations

  • Flexible Acquisition Opportunity suitable for owner-operator, investor, or hospitality group

Listing Contacts

RG
WI 59429-90, MN 40812265
HSC Business Brokers
Listed by HSC Business Brokers

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Zoning

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C-2 CommercialSpecial CommercialHighway Commercial
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Last updated Jan 19, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Rick Guntzel
License
59429-90
Brokerage
HSC Business Brokers
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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