# 1391N HWY 182, Sherman, WI 54552 > **TL;DR:** commercial, $279,900, built 1936. > A/C. Est. $1,497/mo. Listed 139 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $279,900 | | Year Built | 1936 | | Lot Size | 91,476 sqft (2.10 acres) | | Stories | 1 | | Property Type | Commercial (Other) | | Status | Active Under Contract | | Days on Market | 139 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,415 | | Estimated Insurance | $82 | | **Total** | **$1,497** | ## Key Amenities - A/C ## Property Highlights - Built in 1936 - 2.10 acre lot ## Description ### Agent Description Established in 1936, this historic restaurant & bar is a true Northwoods treasure, offering a unique blend of history, charm, recreation & hospitality. Located in Springstead, this well-known destination draws visitors seeking a memorable experience surrounded by rustic character & outdoor adventure. The inviting bar features an intriguing horseshoe layout, two game rooms & access to a spacious Beer Garden perfect for gatherings & entertainment. The warm wood interior dining room seats approximately 45 guests & showcases a cathedral ceiling with impressive wood beams, a beautiful stone fireplace & an authentic rustic atmosphere. The fully equipped commercial kitchen includes an Ansul fire suppression system, two deep fryers, 6-burner stove with double oven & griddle, chicken broaster, stainless steel shelving, two refrigerated prep tables, dishwasher, sinks, handwashing station, refrigerators & multiple freezers. The property also includes an unfinished 3-bedroom cabin & a charming 1-bedroom cabin, each featuring full-length covered porches, offering additional lodging potential or guest accommodations. Two large garages provide ample storage space, equipment storage & parking. Positioned on the corner of highly traveled Hwy 182 & Flowage Rd, this property serves as a gateway to the renowned Turtle-Flambeau Flowage, offering access to exceptional fishing, boating, water recreation & nearby boat landing facilities. Located along two snowmobile trails, this established business provides an incredible opportunity to embrace the Northwoods lifestyle while owning a piece of local history. ## Location - **Address:** 1391N HWY 182, Sherman, WI 54552 - **County:** Iron - **Coordinates:** 46.02842739, -90.15516729 - **Google Maps:** https://www.google.com/maps?q=46.02842739,-90.15516729 ## Virtual Tour & Media - **Video Tour:** https://www.dropbox.com/scl/fi/dio8wgacc42eenqi5o4zo/1391N-HWY-182.mp4?rlkey=mye2ir4qkmuei5nrq72n4hteg&dl=0 ## Listing Agent - **Name:** KATHY TUTT · **License:** 38780 - 90 - **Brokerage:** RE/MAX Action North - **Broker Phone:** (715) 776-3555 ## Photos ![1391N HWY 182 - Photo 1](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f2691364684r.jpg) ![1391N HWY 182 - Photo 2](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f365897141r.jpg) ![1391N HWY 182 - Photo 3](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f3177081741r.jpg) ![1391N HWY 182 - Photo 4](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f1975277266r.jpg) ![1391N HWY 182 - Photo 5](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f1394101120r.jpg) ![1391N HWY 182 - Photo 6](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f212739206r.jpg) ![1391N HWY 182 - Photo 7](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f226764075r.jpg) ![1391N HWY 182 - Photo 8](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f4018600726r.jpg) ![1391N HWY 182 - Photo 9](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f664418738r.jpg) ![1391N HWY 182 - Photo 10](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f552684098r.jpg) ![1391N HWY 182 - Photo 11](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f1352733145r.jpg) ![1391N HWY 182 - Photo 12](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f3946530824r.jpg) ![1391N HWY 182 - Photo 13](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f1113867114r.jpg) ![1391N HWY 182 - Photo 14](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f3130426300r.jpg) ![1391N HWY 182 - Photo 15](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f2896929258r.jpg) ![1391N HWY 182 - Photo 16](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f1823246987r.jpg) ![1391N HWY 182 - Photo 17](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f2859134601r.jpg) ![1391N HWY 182 - Photo 18](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f991601389r.jpg) ![1391N HWY 182 - Photo 19](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f4226290164r.jpg) ![1391N HWY 182 - Photo 20](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f3184083109r.jpg) ![1391N HWY 182 - Photo 21](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f3172388009r.jpg) ![1391N HWY 182 - Photo 22](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f826288083r.jpg) ![1391N HWY 182 - Photo 23](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f2939011232r.jpg) ![1391N HWY 182 - Photo 24](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f574063153r.jpg) ![1391N HWY 182 - Photo 25](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f1560145596r.jpg) ![1391N HWY 182 - Photo 26](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f2765617832r.jpg) ![1391N HWY 182 - Photo 27](http://lh.rdcpix.com/c16c7998321c52383b370841c71c3f2al-f1163708221r.jpg) --- **MLS#:** 217934 | **Updated:** 2026-10-27 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/1391n-hwy-182-sherman-wi-54552-5ba1d5642b1a410889389ca3e6afda44) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1391n-hwy-182-sherman-wi-54552-5ba1d5642b1a410889389ca3e6afda44#listing", "url": "https://www.propertysimple.ai/listing/1391n-hwy-182-sherman-wi-54552-5ba1d5642b1a410889389ca3e6afda44", "name": "1391N HWY 182, Sherman, WI 54552", "description": "Established in 1936, this historic restaurant & bar is a true Northwoods treasure, offering a unique blend of history, charm, recreation & hospitality. Located in Springstead, this well-known destination draws visitors seeking a memorable experience surrounded by rustic character & outdoor adventure. 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Positioned on the corner of highly traveled Hwy 182 & Flowage Rd, this property serves as a gateway to the renowned Turtle-Flambeau Flowage, offering access to exceptional fishing, boating, water recreation & nearby boat landing facilities. 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