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511 Wilmot Ave
Twin Lakes, WI 53181

$5,981 USD/MO

Restaurant For Lease  •  4,785 SF

Property Details

  • Property Type Restaurant
  • Year Built 2001
  • Total Building Size 7,000 SF
  • Tenancy Single
  • Building Class B
  • Zoning Commercial Restaurant
0 Transit Score
42 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 4,785 SF $15.00 USD/SF/YR
Fully Equipped Restaurant &  Bar Space for Lease on Twin Lakes 
Full Bar overlooking Twin Lakes
Seats approx 100
Outside Patio 
Tiki Hut 
Real Estate Taxes $18,000 ( 2023)
Basement 
Second Story Apartment or office Space 
Landlord owns all the Furniture/ Fixtures and Equipment

  • Date available: Apr 2025
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Restaurants And Cafes
  • Space Type: Relet

Description

Seize the opportunity to lease a fully-operational, freestanding restaurant & bar located on the scenic shores of Lake Mary in Twin Lakes, WI.

A highly-desirable location in the heart of Twin Lakes - right on the road with convenient parking and right on the water with easy dock access!  Patrons can arrive by car, boat, jet ski, snowmobile and more!!

Full-service restaurant and full-service bar with 5 beers on tap.  Dine-in or out, takeout, pickup and 3rd party delivery, plus a full liquor license which also allows for packaged liquor to be sold.  

Nicely built-out.  Features high ceilings, wood beams, expansive windows overlooking the lake, beautiful wood floors, exquisite lighting and gorgeous woodwork.  As well as a separate bar area with several large-screen tvs, jukebox and inviting fireplace.  In addition to a warm & cozy dining room, covered fenced-in patio and lower area with tiki hut.  Ample seating both inside and out!

Also, a fully equipped kitchen with large hood, 8-burner stove w/2 ovens, char grill, flat-top grill, 2 fryers, steam table, salamander, refrigerated prep table, refrigerated sandwich unit, walk-in cooler & freezer and more.  Plus, a 2nd floor which can be used as an apartment or office.  And a large basement with keg cooler, storage space and more.  Along with 2 boat slips for customer use! 

Feel free to stop by the location first.  If interested, contact EatZ for more information.  Showings by appointment only.

Location:  Prime retail space in a freestanding building on both Wilmot Ave/S Lake Ave and Lake Mary!

Boasts excellent signage, high visibility, easy access by both roadway & water, ample parking (30 spaces) and convenient dock access.

Perfectly situated directly on Lake Mary, a 327-acre all sport lake.  A popular destination for boating, fishing, swimming and other water sports in the summer months, plus ice fishing, snowmobiling and other cold weather sports in the winter months.  As well as fireworks displays, fishing derbies, boating festivals and other events throughout the year.  A continuous haven for relaxation and activity!

Plus, this incredible restaurant & bar is surrounded by many lake homes, residential neighborhoods and local businesses.  And is conveniently located near the downtown area of Twin Lakes with many other sought-after shops and services.

Well positioned in Twin Lakes which thrives year-round.  It’s a great place for families, retirees or anyone looking for a great mix of outdoor recreation and small-town charm.  A charming village that encapsulates the beauty and friendliness of Wisconsin’s lake regions, making it a delightful place to work, visit or call home!

Plus, Lake Mary is only about an hour’s drive from Milwaukee and the Chicago suburbs, making it a popular weekend getaway destination!

Year Established:  N/A.  (keep off Brokerworks)

Property Information:  Two-story freestanding building built in 2001.  Single occupancy.  On 16,000 sqft of land or .37-acre lot.  2023 real estate taxes $18,000.

Lease Information:  Leased space $7,500/mth ($15 SqFt NNN).  Landlord offering a new lease with two 5-year options.

Square Feet:  7,000  (4,785 1st Floor + 2nd Floor + Large Basement).

Seating:  100+.

Days/Hrs of Operation:  N/A.  (keep off Brokerworks)

Owners Role:  N/A.  (keep off Brokerworks)

# Of Employees:  N/A.  (keep off Brokerworks)

Training:  N/A.  (keep off Brokerworks)

Gross Sales:  (Space For Lease). 

Net Operating Income:  (Space For Lease). 

Value of FF&E:  Included In Asking Price  (Valued at $75,000). 

Value of Inventory:  Not Included In Asking Price.

Seller Financing Available:  No. 

Reasons for Selling:  Available. 

Competition/Market:  A standout destination. Welcoming lakeside atmosphere.  Waterfront drinking and dining at its best.  Spacious bar, dining room and outside area.  Also, great for hosting events, parties, live music performances and large gatherings.  Amazing indoor and outdoor seating with picturesque views of Lake Mary.  Plus, able to cater to a variety of customer preferences and weather conditions.

The property’s proximity to the lake creates an unmatched ambiance, drawing diners for lakeside meals, sunset views and water-themed events!

Growth & Expansion:  A “must stop” on the water.  A great place for the entire family.  The perfect place to drink, dine and chill on the water.  A favorite spot in Twin Lakes.  Area gem.  Popular with both locals and visitors alike. 

And its ideal lakeside location offers breathtaking views, direct water access and a vibrant year-round customer base drawn to the natural beauty of the area.  Also, in a thriving hub for tourism and year-round recreational activities, ensuring a consistent flow of customers!  

Plus, can re-add gaming for additional revenue!

Listed by Pat Mahony & Tom Traina at EatZ & Associates / EatZ Real Estate Group LLC

Highlights

Full-Service Restaurant & Full-Service Bar + Full Liquor License Which Also Allows For Packaged Liquor To Be Sold - Can Also Re-Add Gaming
Two-Story Freestanding Building On 16,000 SqFt Of Land Or .37-Acre Lot - Separate Bar Area/Dining Room/Covered Fenced-In Patio/Tiki Bar/2 Boat Slips
Highly-Desirable Location In The Heart Of Twin Lakes - Right On The Road w/Convenient Parking & Right On The Water w/Easy Dock Access
Freestanding Building On Both Wilmot Ave/S Lake Ave & Lake Mary
Plus Surrounded By Many Lake Homes, Residential Neighborhoods & Local Businesses + Near The Downtown Area Of Twin Lakes
Lease The Space For $7,500/Mth ($15 SqFt NNN) - Landlord Offering A New Lease With Two 5-Year Options

Amenities

  • Fireplace
  • Restaurant
  • Security System
  • Waterfront
  • Storage Space
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Tom Traina 847-651-3834 EatZ Real Estate Group LLC
Tom Traina 847-651-3834 EatZ Real Estate Group LLC