$370,000
( $159.21Per Sq Foot )
 $1,986 est/mo Sourced by Back At You

930 Haugen Avenue,Rice Lake, WI 54868

Rice Lake, WI 54868

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Description

Well-established cafe/restaurant opportunity on the north side of Rice Lake, conveniently located just off Hammond Avenue. This charming retro 1950s/1960s-themed diner offers a welcoming, family-friendly atmosphere. The location is ideal for both local customers and travelers heading to and from the Hayward area, with a large parking lot that can accommodate RVs, campers, and other large vehicles. The restaurant features a spacious, efficiently designed kitchen with ample storage, a large steam table, catering capabilities, and equipment in place for continued operations. Customers enjoy the unique diner atmosphere, 50s/60s music, and popular house-made baked breads and bread pudding. The business is also conveniently located near a a UTV/Snowmobile Trail that connects with the Tuscobia Trail. Numerous improvements have been completed, including exterior siding, a rubber roof installed approximately five years ago, refreshed interior paint and dining area updates, extensive PVC plumbing, and updated electrical work. The current owners have created a clean and inviting space and are willing to stay on and assist with training for a smooth transition. An excellent opportunity for an owner-operator, couple, or investor to take over an established restaurant with a distinctive identity, strong location, and room for continued growth.

Details

MLS #1605139
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1954
Days On Site30
Listing Provided ByChippewa Valley Real Estate, LLC | The Raven Team

Features

SQ Feet2,324
BasementY
ZoningCommercial
Acreage1.01

Taxes

Tax Annual Amount5859

Area Information

StateWI
CountyBarron
CityRice Lake
Zip Code54868
Listing VS Median (in 54868)
Price:
$370,000
low | high
Med:
$349,900
55.432432432432% of Average
sqft:
2,324
low | high
Med:
2,200
55.335628227194% of Average
$ / sqft:
$159
low | high
Med:
$159
50.10226044226% of Average
On site:
30
low | high
Med:
55
54.545454545455% of Average
Sourced by Back At You

Market Activity 54868

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Learn More About This Property

StateWI
CountyBarron
CityRice Lake
Zip Code54868
Listing VS Median (in 54868)
Price:
$370,000
low | high
Med:
$349,900
55.432432432432% of Average
sqft:
2,324
low | high
Med:
2,200
55.335628227194% of Average
$ / sqft:
$159
low | high
Med:
$159
50.10226044226% of Average
On site:
30
low | high
Med:
55
54.545454545455% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 6:28:05 AM PDT