Lehman's Supper Club 2911 S Main St

Investment Highlights

1.80 Acres on Main St right across from Cedar Mall in Rice Lake, WI

Executive Summary

Seller Financing is Available for Qualified Buyer for up to 10% of Purchase Price.Lehman's Supper Club is a fourthgeneration, family run, full servicerestaurant and catering company.Lehman's offers a full service cocktaillounge, dining room, banquet facility,private rooms for smaller events and aoutdoor patio with a bar. For 84 years,Lehman's has featured hand cut steaks,HIGHLIGHTSseafood, ribs and pastas in one of Northwest Wisconsin's finest restaurants. Locatedright on Main St in Rice Lake, Lehman's has been the go to place for locals, tourists,regional lake goers and seasonal home owners for decades. With strong ties to civicorganizations and local charities, Lehman's connections to their customer base runsdeep.Lehman's Supper Club and Lounge sits on 1.80 acres of land directly across from CedarMall on Main St. The 7000+ sqaure feet is divided up by a lounge area, dining room,banquet room and an expansive kitchen. The outdoor patio can be tented and seats a100 easily. Surface parking lot wraps three-quarters of the way around the building.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    7,386
• Building Class    B
• Year Built    1934
• Price    825,000
• Price Per SF    112
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.09
• Land Acres    1.80 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Pylon Sign
• Signage