3,575 sqft

$379,000

4920 STATE HIGHWAY 47, Rhinelander WI, 54501

Price per sqft$106.01

Built in1960

Property size3,575 sqft

Property typeCommercial

Overview

Active

Listed Jan 20, 2026

Updated 7 days ago

Backwaters Bar & Grill is a well-established destination on the Boom Lake chain with 275 ft of prime water frontage, direct access to the Wisconsin River, and the snowmobile trail system. Known as a four-season favorite for locals, boaters, and snowmobilers, it offers seating for 75 inside and 45 outside, plus indoor and outdoor bars that capture the stunning Northwoods setting. Multiple piers provide convenient boat parking, and three parcels totaling 1.47 acres give plenty of room for future opportunities. The building was fully remodeled in 2014. Sale includes extensive equipment and supplies, with the potential for training and staff carryover. This turnkey property offers a rare chance to own a piece of Rhinelander’s hospitality scene, perfectly positioned to welcome both year-round residents and seasonal visitors to one of the area’s most beautiful waterfront locations.

Other Property Details

Waterfront: Yes

Listing Contact: 715-360-9622

Based on information from the Central Wisconsin Multiple Listing Service Corporation as of 10/16/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/16/2026 at 4:15 AM UTC