Turnkey Lake Resort Restaurant & Home
$720,000
Furniture, Fixtures & Equipment: $50,000, included in asking price
Inventory: $20,000, not included in asking price
Gross Revenue: Signed Non-Disclosure Agreement Required to View Details
Phelps Hillside Restaurant & Residence is an established Northwoods dining destination located within Phelps Hillside Resort on Lac Vieux Desert
Spacious restaurant paired with an attached three-bedroom, two-bath residence makes this a compelling live-work opportunity in a premier lake resort destination
Restaurant multiple dining areas, a fully equipped commercial kitchen, bar service, storage areas, restrooms, and a basement beer cooler
Demand is supported by boating and fishing activity, extensive snowmobile and ATV trail networks, and consistent cross-border tourism from Wisconsin and Michigan
Attached residence is a three-bedroom, two-bath residence and enhances day-to-day operating efficiency while lowering occupancy costs, making the offering particularly attractive for an owner-operator
Square Feet: Restaurant – 2,860; Residence: 1,400
Capacity: 120
Real Estate: Part of Phelps Hillside Resort: 9.16 acres (Condominium)
Parking: 30 spaces
Restaurant features classic Northwoods lodge design with knotty pine walls, exposed log beams, wood ceilings, and mounted wildlife accents
Large lake-facing windows provide natural light and views of Lac Vieux Desert, creating a warm cabin atmosphere
Stainless commercial kitchen includes a full cooking line and efficient layout
Attached residence offers updated kitchen and bath finishes, bright living space, and cohesive log-style exterior design