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5675 County Road M

BOULDER JUNCTION, WI 54512
  • $499,999
  • STATUS: Active Under Contract
  • ON SITE: 258 Days
  • MLS #: 22201027
Under Contract
UPDATED: 86 min ago
$499,999
  • 0
    BEDS
  • 6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,000
    SQFT
  • $125
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1926
County:
Area:

School Ratings & Info

Description

This is an opportunity to purchase a turnkey restaurant that is also a piece of history. Headwaters Restaurant and Tavern is a one of a kind restaurant that encompasses the majesty of the great Northwoods and surpasses its neighbors in history, charm and success. Founded in 1926, the Headwaters has entertained countless guests for nearly a hundred years. Some famous people such as Elizabeth Taylor and Former President Dwight D. Eisenhower have visited the establishment. This well established supper club features a warm casual atmosphere on the banks for the Manitowish River. It is a large restaurant that can seat 150 people with an additional 40 seats available during the warm season. The kitchen and bar are fully equipped and feature all supplies and equipment, 5 gaming machines, a TouchTunes jukebox, pool table, outside picnic tables, signs and boat dock. The building is situated on 6 acres of land with easy access from the snowmobile and bike trails. The dock is perfect for those that are canoeing or kayaking to Boulder Lake. Headwaters has been a favorite dining spot for locals, tourists and cabin owners for several generations. A visit to Headwaters is a seasonal tradition for visitors to the area. In the summer time families flock to the area to open up their cabins, do some fishing and enjoy all that the area has to offer. Vilas County has some of the best groomed hiking trails and bicycle trails, UTV, fishing, and boating sports in the state and beyond. In the wintertime snowmobilers travel the groomed area trails and make Headwaters the place to stop for a warm meal and a cocktail. Boulder Junction and the area is a perfect place to enjoy cross country skiing, snowshoeing and ice fishing. No matter the season Headwaters has been a stopping place for adventure seekers in area since 1926. Headwaters Restaurant and Tavern is a historic destination made of half-log construction in the classic Northwood’s style. It is a historic log cabin that was built during the Prohibition Era that offered lodging to hunters and fisherman. It has been the meeting place for outdoorsmen for several generations. The décor celebrates hunters and fisherman with sports trophies hung around the bar and restaurant. This is a fully functioning restaurant and tavern. Sale includes a fully equipped kitchen, all kitchen, dining room, bar supplies and equipment, stocked bar, seating for 150 people. 10 outside patio tables chair and 2 picnic tables overlooking scenic views of the Manitowish River. U shaped dock. Sale includes pool table, 5 gaming machines and TouchTunes jukebox. INVESTMENT HIGHLIGHTS • Turnkey. Great Opportunity to buy a fully functioning, fine dining restaurant and tavern for $550K • Headwaters Restaurant and Tavern is located at 5675 CTH M, Boulder Junction, Wisconsin. Off County Highway M on the Manitowish River. • Well established restaurant location since 1926. • Featuring a fully equipped kitchen, including all kitchen, dining room, bar supplies and equipment, stocked bar, seating for 150 people. 10 outside patio tables chair and 2 picnic tables overlooking scenic views of the Manitowish River. Sale includes pool table, 5 gaming machines and TouchTunes jukebox • Freestanding Restaurant on 6 Acre parcel. Large gravel parking lot holds 50+ cars. UTV and snowmobile accessible. Includes 30’x 20’(approximate size) barn • Direct access to snowmobile and bike trails. Easy access to hiking and cross-country ski trails.

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© 2022 Central Wisconsin Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Midstate Realty. Data last updated: 2022-12-05T12:31:55.13
www.exitmidstate.com/homes/126920140
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5675 County Road M BOULDER JUNCTION, WI 54512

  • Price: $499,999
  • Status: Active Under Contract
  • On Site: 258 Days
  • Updated: 86 min ago
  • MLS #: 22201027
0
Beds
0
Baths
0
½ Baths
6
Acres
4,000
SQFT
$125
$/SQFT
1926
Built
Neighborhood:
Other
County:
Vilas
Area:
Other
Property Description
This is an opportunity to purchase a turnkey restaurant that is also a piece of history. Headwaters Restaurant and Tavern is a one of a kind restaurant that encompasses the majesty of the great Northwoods and surpasses its neighbors in history, charm and success. Founded in 1926, the Headwaters has entertained countless guests for nearly a hundred years. Some famous people such as Elizabeth Taylor and Former President Dwight D. Eisenhower have visited the establishment. This well established supper club features a warm casual atmosphere on the banks for the Manitowish River. It is a large restaurant that can seat 150 people with an additional 40 seats available during the warm season. The kitchen and bar are fully equipped and feature all supplies and equipment, 5 gaming machines, a TouchTunes jukebox, pool table, outside picnic tables, signs and boat dock. The building is situated on 6 acres of land with easy access from the snowmobile and bike trails. The dock is perfect for those that are canoeing or kayaking to Boulder Lake. Headwaters has been a favorite dining spot for locals, tourists and cabin owners for several generations. A visit to Headwaters is a seasonal tradition for visitors to the area. In the summer time families flock to the area to open up their cabins, do some fishing and enjoy all that the area has to offer. Vilas County has some of the best groomed hiking trails and bicycle trails, UTV, fishing, and boating sports in the state and beyond. In the wintertime snowmobilers travel the groomed area trails and make Headwaters the place to stop for a warm meal and a cocktail. Boulder Junction and the area is a perfect place to enjoy cross country skiing, snowshoeing and ice fishing. No matter the season Headwaters has been a stopping place for adventure seekers in area since 1926. Headwaters Restaurant and Tavern is a historic destination made of half-log construction in the classic Northwood’s style. It is a historic log cabin that was built during the Prohibition Era that offered lodging to hunters and fisherman. It has been the meeting place for outdoorsmen for several generations. The décor celebrates hunters and fisherman with sports trophies hung around the bar and restaurant. This is a fully functioning restaurant and tavern. Sale includes a fully equipped kitchen, all kitchen, dining room, bar supplies and equipment, stocked bar, seating for 150 people. 10 outside patio tables chair and 2 picnic tables overlooking scenic views of the Manitowish River. U shaped dock. Sale includes pool table, 5 gaming machines and TouchTunes jukebox. INVESTMENT HIGHLIGHTS • Turnkey. Great Opportunity to buy a fully functioning, fine dining restaurant and tavern for $550K • Headwaters Restaurant and Tavern is located at 5675 CTH M, Boulder Junction, Wisconsin. Off County Highway M on the Manitowish River. • Well established restaurant location since 1926. • Featuring a fully equipped kitchen, including all kitchen, dining room, bar supplies and equipment, stocked bar, seating for 150 people. 10 outside patio tables chair and 2 picnic tables overlooking scenic views of the Manitowish River. Sale includes pool table, 5 gaming machines and TouchTunes jukebox • Freestanding Restaurant on 6 Acre parcel. Large gravel parking lot holds 50+ cars. UTV and snowmobile accessible. Includes 30’x 20’(approximate size) barn • Direct access to snowmobile and bike trails. Easy access to hiking and cross-country ski trails.
Exterior Features

Construction WoodHorizontalLogBrick/Stone Land Sq Ft 50000+ Number Of Loading Docks 0 Number Of Overhead Doors 0 Parking 26 Or MoreGravelUnpaved Roof Shingle Waterfront YN Yes

Interior Features

Basement BlockPoured ConcreteWalk Out/Outer Door Cooling Central Heat Type Forced Air Seating Capacity Over 100 Persons Sq Footage Building 2001-5000

Property Features

Accessibility Features Full Wheelchair AccessHandicap EquippedHandicap Restroom Electrical Communications High Speed Internet Acces Fuel Type Natural Gas Licenses BeerFoodLiquorTobaccoWine Miscellaneous Gas Hot Water HeaterInside StorageOutside StorageFire AlarmSprinkler SystemSecurity LightingSecurity SystemShelvingHigh Traffic LocationHandicap AccessHigh VisibilityHighway AccessKitchen AreaLandscapedOut BuildingCompressorsRampPublic Rest RoomReception AreaSignage AvailableAda ComplianceSmoke Detectors Municipality BoulderjuctionTownof Parking Spaces 50+ Possible Use RetailRestaurant/BarBusinessRecreationMixed UseBakeryCateringFranchiseRestaurantRestaurant/Supper ClubSpecial PurposeSpecialty/Gift ShopSupper Club/Cocktail LngeTavern/Bar Present Use Restaurant/Bar Property Type Business Opportunity W/Re Sale Includes Business NameEasementsSome EquipmentPhone SystemSignsAll Furniture Sale Or Rent For Sale Sewer And Water Well Sprinklers YN Yes Tax Amount 3681 Tax Year 2021 Zoning Commercial Zoning Description General Business

Listing information © 2022 Mid America Regional Information Systems, Inc.
Listing provided courtesy of Anita Bell-Freund of Exit Realty Cw: 715-598-3794.


© 2022 Central Wisconsin Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Midstate Realty. Data last updated: 2022-12-05T12:31:55.13
 
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