About This Home

This 0-bedroom, 2-bathroom commercial at 1002 HWY 32 in Three Lakes, WI is listed for $575,000. on a 0.39 acres lot.

Key Features

  • 0.39 acre lot

Property Details

1 story
2 half

Amenities

A/C
Listing Description

Northwoods Bar & Grill in Three Lakes, Wisconsin - Turnkey business opportunity in prime recreational tourism market! Own a piece of Northwoods history with 32 South Bar & Grill, a well-established and iconic business in a quaint, resort-driven community.

Surrounded by forests and lakes, and located just off the Three Lakes/Eagle River Chain of Lakes and on historic memorial Highway 32, this well-known destination benefits from a reliable local following, steady tourist traffic, and a strong year-round revenue stream.

The location offers exceptional recreational tourism access, within walking-distance to a campground, airport, golf course, resort, boat launch, and marina, plus direct access to snowmobile and ATV trails. The property features classic Northwoods character/rustic charm, along with several distinctive amenities, including an air-stream VIP Room, a h

eated and air-conditioned garage bar, an outdoor stage, and a fenced-in outdoor area suitable for concerts, private parties and gatherings. Current ownership has invested heavily back into the business, addressing building and equipment needs and making numerous improvements and upgrades.

Recent improvements include: new freezers/refrigerators/coolers; upgraded parking lot, septic system, and electrical system; new fencing and gates; new bar flooring and subfloor, along with other investments designed to strengthen the operation and enhance customer experience.

High-speed internet and natural gas add to the property's functionality. The business also features 5 gaming machines, an air hockey table, foosball table, pool table, 2 dart boards, 2 juke boxes, and additional games, all generating significant additional revenue.

Healthy financial reports and a proven operating history provide an excellent foundation for a new owner to build upon. Don't miss this unique opportunity to own a thriving turnkey Northwoods bar and grill in an established and recognizable destination market. Life is great North of 8!

Monthly Cost Estimate

$3,075/mo

20% down · 6.5% · 30 years

Principal$416
Interest$2,492
Insurance$168

Estimates only. Actual payments may vary.

Location

1002 HWY 32

Three Lakes, WI 54562

Features & Amenities

Exterior Features

Fence

Property Details

Flooring

VinylWood

Construction

Frame WoodSiding

Heating

Natural GasForced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 2-bathroom commercial at 1002 HWY 32 is listed at $575,000. The estimated monthly payment is $3,076 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.39 acre lot. Exterior Features: Fence.

This property is listed by MATTHEW SOLATKA and can be reached at 7088781200.

MS

MATTHEW SOLATKA

Agent at Redman Realty Group, LLC

(708) 878-1200
Agent website

Listed by Redman Realty Group, LLC · Broker phone: (715) 358-0450 · View on Broker Site · Broker website

MLS# 219316· Source: Greater Northwoods MLS· 28 days on PropertySimple

Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1002 HWY 32, Three Lakes, WI 54562

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