Listing provided courtesy of Mark D Olejniczak Realty, Inc.as Distributed by MLSGrid- MLS# RAN50326506MLS Provider

5506 STATE HIGHWAY 32GILLETT, WI 54124

Commercial · 4,112 Sq. ft. | 1.00 Acres
$624,900 Active-No Offer

5506 STATE HIGHWAY 32 Overview

Time on Site:
29 days
Visits:
10

Thriving Bar/Restaurant in Oconto County, just north of Pulaski, on 1 acre. Re-built in 2009, this mint-condition property seats over 100 guests. Includes all bar/kitchen equipment: walk-in cooler, walk-in freezer, beer cooler, spacious kitchen with prep area, dishwashing station, double pizza ovens (fits 14 pizzas), griddle, 4 fryers, broaster, ice machine, and stand-up freezer. Attached is a well-maintained 3-bed, 1-bath home (1,200+ sq ft), great for owner-occupancy or rental income. A 30x40 pole building adds versatility. Ideals for various business ventures beyond a restaurant. Don't miss this turnkey opportunity in prime location!

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5506 STATE HIGHWAY 32 Facts & Features

  • Type Commercial
  • Sq. ft. 4,112
  • Price/Sq.ft. $152
  • Lot 1.00 Acres

Details

General

School Information

  • School District: Gillett

Building Information

  • Year Built: 2009

Business Information

  • Business Type: Restaurant

Location/Region

  • County Or Parish: Oconto

Tax Information

  • Tax Annual Amount: 5382.99

General Information

  • Municipality: Town of Oconto Falls
  • Exclusions: Game machines, P.O.S system, Speakers & Jukebox, some personal property, Food & Bev Inventory
  • Inclusions: All bar & restaurant equipment, 2 mounted TVs, salad bar counter, dining tables & chairs, bar stools, 2 extra fryers in basement.
  • Parcel Number: 032303001323C
  • Property Sub Type: Real Estate
  • Property Type: Commercial Sale
  • Zoning: Commercial

Interior

Building Information

  • Heating Fuel Type: Lp Gas

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 4112

General Information

  • Basement: Partial
  • Building Features: Building Sign, Compressor, Fixtures, Living Space Avail, Outbuildings
  • Entry Location: Corner,Free Standing,Highway Nearby
  • Foundation Details: Poured Concrete, Stone
  • Heating: Hot Water

Exterior

Lot Information

  • Frontage Length: 215
  • Lot Size Acres: 1
  • Lot Size Source: Assessor
  • Water Source: Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Vinyl Siding

General Information

  • Sewer: Septic Mound

5506 STATE HIGHWAY 32 Neighborhood

Community

54124 (GILLETT) Demographics

43
Median Age
37
Population Density (per sq. mile)
25%
College Educated
$49,470
Estimated Median Income
1,257
Estimated Total Home Owners
286
Estimated Total Renters
81% / 19%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5506 STATE HIGHWAY 32 Market Data

Based on the last 30 days in this zip code

$298,461
Average List Price
$180
Average Price per Square Foot
5
Properties Sold
48
Average Days on Market
18
Properties for Sale
Calculations provided by Reliance Network

5506 STATE HIGHWAY 32 History

Date Event Value Agent
6/3/2026Source: Northeast Wisconsin MLS Price Reduction
$624,900 -3.8%
6/1/2026Source: Northeast Wisconsin MLS Added to Database
June 01, 2026
5/22/2026Source: Northeast Wisconsin MLS Status Change
Sold
5/8/2026Source: Northeast Wisconsin MLS Status Change
Pending
3/14/2026Source: Northeast Wisconsin MLS Status Change
Active-Offer No Bump
10/24/2025Source: Northeast Wisconsin MLS Status Change
Active-Offer w/Bump-Show
7/28/2025Source: Northeast Wisconsin MLS Added to Database
April 17, 2025