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29764260
29764275

5751 Hillside Resort Trl, Phelps, WI 54554

RG
WI 59429-90, MN 40812265
HSC Business Brokers
Listed by HSC Business Brokers
$695,000
132 days on market
Updated 36 days ago

Phelps Hillside Restaurant

Details
APN 18-1162-0010 & 18-1162-0014
Property Type Retail
Sub Type Restaurant
Square Footage 2,860
Tenancy Single
Price per SqFt $243
Broker Co-Op Yes
Year Built 1912
Year Renovated 2022
Buildings 1
Acreage 0.130
Zoning General Business
Investment Type Owner/User
Ownership Condominium

Live-Work Opportunity in Premier Lake Market

Marketing description

Phelps Hillside Restaurant & Residence is an established Northwoods dining destination located within Phelps Hillside Resort on Lac Vieux Desert. The offering combines a 2,860-square-foot restaurant facility with an attached three-bedroom, two-bath residence, creating a compelling live-work opportunity in a premier lake resort setting.

The restaurant accommodates approximately 200 guests and features multiple dining areas, full commercial kitchen, bar service, storage, restrooms, and basement beer cooler. The location benefits from boating, fishing, snowmobile and ATV trail traffic, and regional tourism from Wisconsin and Michigan.

The attached 1,400-square-foot residence enhances operational efficiency and reduces overhead, making this an ideal opportunity for an owner-operator seeking both income and Northwoods lifestyle.

Investment highlights

  • Lake Resort Destination Location
    Situated within Phelps Hillside Resort on Lac Vieux Desert, a premier 4,000+ acre Northwoods recreational lake drawing seasonal and cross-regional tourism.

  • Restaurant + Real Estate Included
    Sale includes both the operating restaurant facility and attached residential real estate.

  • Live-Work Owner Opportunity
    Attached 3-bedroom, 2-bath residence reduces overhead and supports on-site management or staff housing.

  • Established Lodge-Style Atmosphere
    Knotty pine finishes, exposed beams, mounted wildlife accents, and lake-facing windows create authentic Northwoods appeal.

  • Turnkey Commercial Kitchen
    Stainless cooking line, hood system, prep space, and efficient back-of-house layout in place.

  • Seasonal & Trail Traffic Drivers
    Proximity to boating, fishing, snowmobile, and ATV trail systems supports strong peak-season volume.

  • Flexible Concept Potential
    Suitable for tavern, supper club, destination dining, or repositioning opportunity.

  • Vilas County Resort Market
    Located in a well-established Northwoods vacation and cabin community with repeat seasonal visitation.

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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GB CommercialGeneral CommercialGeneral Business
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Last updated May 13, 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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