2911 S Main St - Restaurant FOR SALE


Rice Lake, WI 54868
$825,000 USD
612-889-8100
2911 S Main St, Rice Lake, WI for Sale
$825,000 USD
Restaurant - FOR SALE
1/14
null | Request Cap Rate

2911 S Main St
Rice Lake, WI 54868


HIGHLIGHTS

  • 1.80 Acres on Main St right across from Cedar Mall in Rice Lake, WI

OVERVIEW

Seller Financing is Available for Qualified Buyer for up to 10% of Purchase Price. Lehman's Supper Club is a fourth generation, family run, full service restaurant and catering company. Lehman's offers a full service cocktail lounge, dining room, banquet facility, private rooms for smaller events and a outdoor patio with a bar. For 84 years, Lehman's has featured hand cut steaks, HIGHLIGHTS seafood, ribs and pastas in one of Northwest Wisconsin's finest restaurants. Located right on Main St in Rice Lake, Lehman's has been the go to place for locals, tourists, regional lake goers and seasonal home owners for decades. With strong ties to civic organizations and local charities, Lehman's connections to their customer base runs deep. Lehman's Supper Club and Lounge sits on 1.80 acres of land directly across from Cedar Mall on Main St. The 7000+ sqaure feet is divided up by a lounge area, dining room, banquet room and an expansive kitchen. The outdoor patio can be tented and seats a 100 easily. Surface parking lot wraps three-quarters of the way around the building.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lehman's Supper Club

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1934

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,408 SF

ZONING

G2

APN/PARCEL ID

276-8001-68-000

ASK ABOUT THIS PROPERTY

Rick GuntzelHSC Business BrokersMore Info
612-889-8100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Rick GuntzelHSC Business BrokersMore Info
612-889-8100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.