287 STATE HIGHWAY 73 Bancroft WI 54921
    $ 925,000.00

    • MLS #: 22405057
    • Date added: 10/23/24
    • Post Updated: 2024-10-23 20:23:06
    • Type:
    • Status:
    • Area: 9902 sq ft
    • Year built: 2003

    Description

    Prime Business Opportunity – Own an Iconic, Profitable Bar & Restaurant! | Step into a thriving, turnkey bar and restaurant with 20 years of proven success, situated on 10+ acres of prime real estate in Central Wisconsin. This well-established, high-traffic destination offers multiple revenue streams, from its full-service kitchen and busy bar to packed event bookings and thriving recreational leagues. Perfectly positioned for growth and already a local landmark, this is an unparalleled opportunity for the savvy investor or ambitious owner-operator to capitalize on a profitable, community-driven business, priced at under $1 million. Located on State Highway 73, just minutes from the I-39 Plainfield exit, the business offers an impressive bar menu and daily restaurant specials. Known for hosting community events and fundraisers, the venue drives steady foot traffic year-round, supported by leagues for softball, pool, volleyball, horseshoes, and darts. Its strategic location on local snowmobile, ATV/UTV routes and features a softball diamond and vacant land for future expansion! The newly built 24’x45’ pavilion and event hall are perfect for hosting weddings, graduations, and birthday parties, with bookings extending well into 2025. Additionally, the nearby 160+ site Ponderosa Pines Campground sends a constant flow of customers for breakfast, lunch, and dinner, further boosting revenue. The property also includes a two-pump gas station offering three blends of fuel, making it a convenient stop for locals and travelers alike. This added feature draws more patrons and provides yet another revenue stream. Built from the ground up by the original owners, this well-loved business is now ready for new ownership to take it to the next level. Don’t miss this rare opportunity to own a successful business with built-in growth potential. Call today for your private showing! Seller will consider land contracts. For more information on the associated campground, see MLS #22405055.

    Rooms&Units Description

    • Number of Units: 2

    Location Details

    • Municipality: Leola, Town of
    • County: Adams County
    • Directions: Hwy 73 W to Plainfield
    • Area Desc: Stevens Point
    • LOCATION: Free Standing,Near Major Highway
    • ZONING: Agriculture

    Property Details

    • CONSTRUCTION: Metal
    • # of Stories: 1
    • # of Buildings: 1
    • Building Sq Ft: 5001-10000
    • Land Sq Ft: 50000+
    • Number of Acres: 10.3
    • Sale/Rent: For Sale
    • LEASE TYPE: None
    • Age: 21
    • POSSIBLE USE: Retail,Restaurant/Bar,Business,Recreation,Automotive,Grocery,Gas Station,Beer/Liquor,Catering,Distributorship,Drive In/Fast Food,Pizza Parlor,Resort/Campground,Restaurant,Restaurant/Supper Club,Supper Club/Cocktail lnge,Tavern/Bar
    • Present Use: Restaurant/Bar

    Property Features

    • ROOF: Metal,Sloped
    • HEAT TYPE: Forced Air,Other
    • FUEL TYPE: LP Gas
    • COOLING: Central
    • Parking: Common,Private,Yard/Semi,26 or more,Gravel,11-25spaces
    • WATER/WASTE: Conventional,Well

    Fees&Taxes

    • Tax Amount: $ 0.00
    • Tax Year: 2022

    Miscellaneous

    • Virtual Tour: https://youtu.be/YUja4EIO650
    • MISCELLANEOUS: Gas Pumps,Tanks Gas,Fuel Tanks,Kitchen Area,Out Building,Public Rest Room
    • LICENSES: Food,Liquor,Beer,Wine

    Courtesy of

    • Office Name: eXp - Elite Realty