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Lehman's Supper Club 2911 S Main St

7,386 SF Retail Building Rice Lake, WI 54868 $1,169,413 CAD ($158 CAD/SF)

Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,386 SF
Building Class
B
Year Built
1934
Price
$1,169,413 CAD
Price Per SF
$158 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
1.80 AC
Opportunity Zone
Yes
Zoning
G2 - Commercial G2
Parking
60 Spaces (8.12 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
276-8001-68-000
Land Assessment
$498,172 CAD
Improvements Assessment
$672,145 CAD
Total Assessment
$1,170,317 CAD
  • Listing ID: 29208212

  • Date on Market: 2023-08-07

  • Last Updated:

  • Address: 2911 S Main St, Rice Lake, WI 54868

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