1391N HWY 182, Sherman, WI 54552
1391N HWY 182, Sherman, WI 54552
1391N HWY 182, Sherman, WI 54552
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Alexander Dempsey

Alexander Dempsey

+1(715) 681-2879
$279,900
Est. payment /mo
2,850 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,850 sqft

Price per Sqft $98

MLS Listing ID 217934

HOA Y/N No

Year Built 1936

Annual Tax Amount $3,677

Tax Year 2025

Lot Size 2.100 Acres

Acres 2.1

Property Sub-Type Business

Property Description

Established in 1936, this historic log 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

State WI

County Iron

Direction From Mercer - HWY 51 south 3.5 miles to RIGHT on HWY 47. Go 3.8 miles to RIGHT on HWY 182. Go 10.6 miles to 1391N at corner of Flowage Rd & HWY 182.

Rooms

Other Rooms Outbuilding

Interior

Heating Hot Water, Propane

Cooling Wall/Window Unit(s)

Flooring Carpet, Wood

Inclusions Real Estate and Business, Fixtures, Equipment, Furniture

Fireplace No

Exterior

Parking Features Private, Driveway

Utilities Available High Speed Internet Connected, Phone Available

Water Access Desc Drilled Well

Roof Type Composition,Shingle

Road Frontage Highway, Town Road

Building

Lot Description Level, Open Space

Story 1

Sewer Conventional Sewer

Water Drilled Well

Additional Building Outbuilding

Others

Tax ID 0571-0000

Ownership None

Security Features Security System

Virtual Tour https://www.dropbox.com/scl/fi/dio8wgacc42eenqi5o4zo/1391N-HWY-182.mp4?rlkey=mye2ir4qkmuei5nrq72n4hteg&dl=0

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Listed by RE/MAX ACTION NORTHWOODS REALTY, LLC

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Alexander Dempsey

Alexander Dempsey

+1(715) 681-2879

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