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216 S Shore Dr 3,469 SF Retail Building Pickerel, WI 54465 $680,119 CAD ($196.06 CAD/SF) 10% Cap Rate



Investment Highlights
- growing business
- on snowmobile trail
- outdoor venues
Executive Summary
If you're seeking a turn-key investment opportunity, the Campfire Bar and Grill near Pickerel Lake might be your ideal choice. Nestled on 5.2 wooded acres, this establishment offers a rustic, inviting atmosphere with a large bar area featuring a working stone fireplace, pool table, gaming machines, jukebox, dartboard, and high-top tables. The venue is fully equipped with inventory to ensure a seamless transition for new ownership. The spacious dining room and outdoor deck provide ample seating options for patrons. For those who enjoy the outdoors, the property includes an outdoor bar and picnic area, perfect for taking in the natural surroundings. The fully functional kitchen is equipped with coolers, a walk-in freezer, flat top, grill area, and Broaster fryer, ensuring efficient service. Additional storage is available in the basement, which houses a beer cooler. The property also includes a separate 720 sq ft living quarters with two bedrooms, a full bathroom, a 2.5 car garage, and a private deck. Extra rooms and a full bath in the basement offer additional living space. Positioned on an ATV/Snowmobile trail and near several lakes, this location is ideal for attracting outdoor enthusiasts. The current owner is willing to train the new buyer, and all necessary licensing is already in place, making this a hassle-free investment. From Intersections of Hwy 64 and 45 (Antigo), Right on Hwy 45 North to County Rd A, NE towards Hwy 55 N, Left on County Hwy DD, straight to S Shore Rd, property on Right. -- Turnkey operation, possible seller training, inventory and furnishing included, growing bar & grill, established customer base, gaming machine income, bar seating for 35, table seating for 50, 100+ person capacity, outdoor deck seating for 25, outdoor bar with large seating area, 5.2 acres with snowmobile trail through property, 2 bed, 1 bath living quarters with private deck, additional rooms and full bath in basement, 24x40 detached garage
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
3,469 SF
Building Class
C
Year Built
1920
Price
$680,119 CAD
Price Per SF
$196.06 CAD
Cap Rate
10%
NOI
$68,012 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
5.20 AC
Zoning
commercial
Frontage
686’ on South Shore Drive
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 022-02281-0000 | Improvements Assessment | $179,120 CAD |
| Land Assessment | $31,777 CAD | Total Assessment | $210,897 CAD |
Property Taxes
Parcel Number
022-02281-0000
Land Assessment
$31,777 CAD
Improvements Assessment
$179,120 CAD
Total Assessment
$210,897 CAD
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216 S Shore Dr
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