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Lakefront Full Service Restraurant W7944 Perkinstown Ave

2,322 SF Retail Building Medford, WI 54451 £211,183 (£91/SF)

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Investment Highlights

$54K under assessed value.
Turn key operation or re-invent your own lake side bar/restaurant.
Owners of 18 years are retiring from their well loved supper club and willing to help transition to a new owner.

Lot size .09 acre plus 1.18 additional acre lot for parking, included in purchase price.
Lakefront property with unlimited potential idea for personal and/or income producing property.

Executive Summary

$54,000 under assessed value. Great opportunity to own a lakefront restaurant for under 300K! Lot size is .90 plus 1.18 lot, included in price.

Turtle Club Public Binder

Property Facts

Sale Type

Investment

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Restaurant

Building Size

2,322 SF

Building Class

Year Built

2001

Price

£211,183

Price Per SF

£91

Tenancy

Single

Number of Floors

Loading Docks

1 Exterior

Building FAR

0.06

Lot Size

0.90 AC

Zoning

Commercial - G2 - Commercial

Parking

30 Spaces (12.92 Spaces per 1,000 SF Leased)

About W7944 Perkinstown Ave , Medford, WI 54451

Waterfront Supper Club! The Turtle Club is a well-known supper club situated on 0.90 acres along Mud/Martin Lake (down the street from Esadore Lake and down from Clear Lake). With a loyal following and positive reputation, the supper club is a popular destination for locals and tourists alike, especially during the summer months when the lake activities are in full swing. The dining room, bar, and outdoor patio all offer stunning views of the lake. The Turtle Club features a variety of mouth-watering dishes, including steaks, prime rib, fish fry, ribs, pasta, and salads. The bar features a full selection of drinks, including the signature Old Fashioned. Turn-key operation with everything that’s needed to run a successful business, be a part of Wisconsin’s rich supper club history, and enjoy the benefits of owning a waterfront property.