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226 W. Pine St.
Eagle River, WI
United States 54521

Details
Address | 3428 Faust Lake Rd N |
Area | Oneida |
Sub Area | Pelican |
State/Province | Wisconsin |
Country | United States |
Price | $134,900 |
Property Type | Restaurant/Bar |
Bathrooms | 3 |
Floor Space | 2918 Square Feet |
Lot Size | 2.03 Acres |
Waterfront | No |
Year Built | 1932 |
Parking | Private over 10, Unpaved |
Taxes | $1,787 |
Tax Year | 2022 |
Buyer Commission* | 2.8 |
MLS® # | 194959 |
The Al-Gen was long the Northwoods standard for Wisconsin’s famed Supper Clubs. Recently closed due to a kitchen fire, the nostalgic, log-constructed building—painted in classic cabin red—remains functional as a tavern. The interior features a horseshoe-shaped bar that was always overflowing with laughter and conversation, two restrooms*, and two "dividable" former dining areas (each with open-beamed ceilings and gas fireplaces) that could be repurposed for tavern seating, pool and dart leagues, and/or meeting space. There is ABUNDANT parking and a kid's game room (open seasonally). Although it would take a great deal of capital investment to bring the kitchen portion up to current code, the Al-Gen retains its historic atmosphere and could provide a wonderful opportunity for someone looking to get into the tavern business at a very affordable price. The liquor license should be transferrable subject to township approval.
*Offer of Buyer Agent compensation is made only to Participants of the MLS where this listing is filed.
Listed by FIRST WEBER - RHINELANDER Ph: (715) 365-3000