2624 Holiday Lodge Lane , Phelps, WI 54554(Vilas County)

Bank Owned North Twin Lake Opportunity: Own a landmark bar/restaurant on "The Walleye Factory", North Twin Lk in Phelps, Wisconsin. The Holiday Lodge, which was previously a booming bar/restaurant, with 150' feet of sandy beach offering big water views with northwestern exposure. Enjoy the sunset on the lakeside patio area for outside dining or larger events. The building boasts over 5700 square feet, with a wall of windows facing the lake. Attractive log sided building can accommodate over 160 people, commercial kitchen with ample prep, work space and storage. A double sided field stone fireplace and piano set the stage, with pine support beams, vaulted ceiling and knotty pine decor. This one is teed up and ready for business! In floor heat, natural gas, cable, internet ready and municipal sewer/water. The parcel is zoned all purpose leaving the door open for dynamic business opportunities. Definitely a viable potential to be converted to a private lodge or corporate retreat center.