HSC-Live-Work Opportunity in Premier Lake Market
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Lake Resort Restaurant & Owner Residence on Lac Vieux Desert
Phelps Hillside Restaurant & Residence presents a rare opportunity to acquire an established Northwoods restaurant located within Phelps Hillside Resort on Lac Vieux Desert—one of Northern Wisconsin’s premier recreational lakes. The property combines a fully operational restaurant facility with an attached three-bedroom, two-bathroom residence, creating an attractive live-work opportunity in a destination resort setting.
The restaurant offers approximately 2,860 square feet of functional space with a capacity of approximately 200 guests. The layout includes multiple serving and dining areas, a full commercial kitchen, bar service area, storage rooms, restrooms, and a basement beer cooler. The configuration supports efficient operations and flexibility for a tavern, supper club, or destination dining concept.
Positioned within a resort environment adjacent to Lac Vieux Desert, the business benefits from seasonal lake traffic, boating and fishing activity, snowmobile and ATV trail users, and cross-regional tourism from Northern Wisconsin and Michigan’s Upper Peninsula. The location supports strong peak-season demand while also serving the year-round Phelps community.
Attached to the restaurant is a 1,400-square-foot, three-bedroom, two-bath residence featuring a full kitchen, living space, laundry, and basement. The residence provides significant operational advantages, including reduced housing costs, on-site management convenience, and potential staff housing flexibility.
This offering includes real estate, business operations, furniture, fixtures, and equipment (inventory excluded). The property is well-suited for an owner-operator seeking a lifestyle-driven business in a proven resort destination.
The restaurant offers approximately 2,860 square feet of functional space with a capacity of approximately 200 guests. The layout includes multiple serving and dining areas, a full commercial kitchen, bar service area, storage rooms, restrooms, and a basement beer cooler. The configuration supports efficient operations and flexibility for a tavern, supper club, or destination dining concept.
Positioned within a resort environment adjacent to Lac Vieux Desert, the business benefits from seasonal lake traffic, boating and fishing activity, snowmobile and ATV trail users, and cross-regional tourism from Northern Wisconsin and Michigan’s Upper Peninsula. The location supports strong peak-season demand while also serving the year-round Phelps community.
Attached to the restaurant is a 1,400-square-foot, three-bedroom, two-bath residence featuring a full kitchen, living space, laundry, and basement. The residence provides significant operational advantages, including reduced housing costs, on-site management convenience, and potential staff housing flexibility.
This offering includes real estate, business operations, furniture, fixtures, and equipment (inventory excluded). The property is well-suited for an owner-operator seeking a lifestyle-driven business in a proven resort destination.
About the Business
- Years in Operation
- 4
- Facilities & Assets
- The restaurant features classic Northwoods lodge design with knotty pine walls, exposed log beams, wood ceilings, and mounted wildlife accents. Large lake-facing windows provide natural light and views of Lac Vieux Desert, creating a warm cabin atmosphere. The stainless commercial kitchen includes a full cooking line and efficient layout. The attached residence offers updated kitchen and bath finishes, bright living space, and cohesive log-style exterior design.
- Website
- https://www.facebook.com/p/Phelps-Hillside-Restaurant-100092177983522/
- Market Outlook / Competition
- Phelps Hillside Restaurant operates within a resort-driven Northwoods market anchored by Lac Vieux Desert tourism, seasonal cabin owners, and trail traffic. The area supports a limited number of established dining options, primarily independent supper clubs, taverns, and resort restaurants. The property benefits from its on-site resort location, lake proximity, and built-in seasonal visitation, creating a competitive advantage during peak boating, fishing, and snowmobile seasons.
- Opportunities for Growth
- Growth opportunities include expanded seasonal hours, enhanced event programming, catering to resort guests, and targeted marketing to snowmobile and ATV traffic. The lake destination setting supports themed dining nights, live entertainment, and private gatherings. Additional revenue may be generated through menu refinement, beverage program expansion, and stronger digital presence to capture regional tourism and repeat seasonal visitors.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 3,260
About the Sale
- Seller Motivation
- The seller is offering the property for sale in order to relocate out of the are
- Transition Support
- Seller will provide reasonable transition support to ensure a smooth ownership transfer, including operational guidance, vendor introductions, and orientation to daily procedures. Training period and scope to be mutually agreed upon, allowing buyer adequate time to become familiar with systems, staff, and property operations.
Listing Info
- ID
- 2471482
- Listing Views
Attached DocumentsAttachment Disclaimer
Phelps Hillside Restaurant Public Binder 2.15.26.pdf
Business Location
Listing ID: 2471482 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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